Dow Jones Unveils Shipping Index

Global index providerDow Jones Indexeshas launched theDow Jones Global Shipping Index. The new index will evaluate the performance of 25 dividend-paying companies in the shipping sector, which focus solely on transporting goods and materials.

A company must have a minimum market capitalization of $150 million and a three-month average daily trading volume of $2 million. The index has already been certified toGuggenheim Fundsfor theGuggenheim Shipping ETF.

Click here for the release fromDow Jones Indexes.