The Nasdaq Exceed Defined Enhancement Index (“Enhanced Index”) is a large cap based index offering a high degree of enhanced upside. The Index tracks a basket of four rolling investment portfolios, each of which provides exposure to the S&P 500 with the following characteristics:
- Targets annual 2X upside participation to a high cap
- Targets annual 1X downside participation
The Index is calculated by IDC and disseminated by Nasdaq under the ticker symbol EXENHA.