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Full NamesUP World LNG Shipping Index
Index TypesPrice Return: UP World LNG Shipping Index (UPLI)
Gross Total Return: UP World LNG Shipping Total Return Index (UPLI TR)
Index DescriptionUP World LNG Shipping Index is a rules-based stock index family designed to measure the performance of world publicly traded companies involved in maritime transport of liquefied natural gas (LNG).
Eligible StocksAll component stocks and units are listed and publicly traded companies on respected world stock exchanges (USA, Japan, South Korea, Qatar, Malaysia, Norway etc). List of companies is published on the UP Indices website.
Number of ConstituentsVariable, starting with top 18 global companies and partnerships.
Weighting1. Free float market capitalization weighted
2. LNG shipping weighted to minimize influence  of other company´s business
3. Weight reduction: one constituent has max. 20 % of weight
Base CurrencyUS Dollar.
All other currencies will be converted to USD before index calculation.
Review of CompositionThe Index is rebalanced quarterly based on closing prices on the last business day prior to the first business day in February, May, August, and November.
Effective Date of the RebalanceRebalances are effective starting on the first market open business day in February, May, August and November
Calculation FrequencyPhase 1: Weekly
Phase 2: Daily
Phase 3: Real-time
Sponsor and Administrator UP forum s.r.o., Czech Republic, EU