A Global Fund Equity Index? What An Intriguing Idea!

Today, the Global Fund to Fight AIDS, Tuberculosis and Malaria announced an intriguing new partnership with the Dow Jones Indexes – a new line of stock market indices.  These new indices – led by the flagship Dow Jones Global Fund 50 Index – will measure the performance of the largest companies worldwide that support the Global Fund’s mission.  They have already concluded licensing arrangements with Deutsche Bank and the National Bank of Abu Dhabi to market the indices with investors.  And a portion of the indices’ royalties will help fund the Global Fund’s ongoing programs.  This won’t generate huge sums of money, but what an interesting win-win idea for generating interest in the Global Fund’s programs while enhancing the brand quality of the listed companies’.  And who knows, maybe the Global Fund 50 Index will take off and pave the way for other development-friendly stock market indices.