
FINE aims to replicate an index of European companies generating at least 50% of their revenues from luxury-related business operations. The index is focused on companies headquartered in developed Europe, such as Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, or the United Kingdom. Eligible securities must meet certain size and trading volume requirements. After this basic screen, a proprietary natural language processing algo screens publicly available information such as financial news and business profiles to identify and score companies involved in the investment theme. These may include firms involved in the design, manufacturing, or sale of luxury and designer accessories, high-end or designer clothing and beauty products, exclusive and luxurious automobiles and boats, luxury hotels, resorts, and spas. The 25 highest ranking companies are included in the index and are given an equal weighting. The index is reconstituted annually and rebalanced semi-annually.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| PPRUY | Kering SA | 4.90% | $32.66K |
| DOU.DE | Douglas AG | 4.48% | $29.88K |
| CPRI | CAPRI HOLDINGS LTD | 4.47% | $29.81K |
| PAH3.DE | Porsche Automobil Holding SE | 4.33% | $28.87K |
| UHR.SW | SWATCH GROUP CHF2.25(BR) | 4.27% | $28.50K |
| IHG.L | InterContinental Hotels Group PLC | 4.25% | $28.37K |
| CFR.SW | Cie Financiere Richemont SA | 4.16% | $27.73K |
| WOSG.L | Watches of Switzerland Group PLC | 4.12% | $27.47K |
| FRAS.L | Frasers Group PLC | 4.12% | $27.46K |
| MC.PA | LVMH Moet Hennessy Louis Vuitton SE | 4.12% | $27.46K |
| BOSS.DE | HUGO BOSS AG | 4.06% | $27.09K |
| YACHTM T1 | Ferretti SpA | 4.05% | $27.03K |
| MONC.MI | Moncler SpA | 3.99% | $26.58K |
| ZGN | Ermenegildo Zegna NV | 3.94% | $26.25K |
| AML.L | Aston Martin Lagonda Global Holdings PLC | 3.85% | $25.66K |
| RACE.MI | Ferrari NV | 3.81% | $25.44K |
| BC.MI | Brunello Cucinelli SpA | 3.80% | $25.35K |
| 1913.HK | PRADA SpA | 3.73% | $24.90K |
| RMS.PA | Hermes International SCA | 3.71% | $24.77K |
| SFER.MI | Salvatore Ferragamo SpA | 3.71% | $24.74K |
| BRBY.L | Burberry Group PLC | 3.69% | $24.58K |
| PUIG.MC | Puig Brands SA | 3.63% | $24.23K |
| GVDNY | Givaudan SA | 3.63% | $24.22K |
| AC.PA | Accor SA | 3.47% | $23.17K |
| ITP.PA | Interparfums SA | 3.44% | $22.95K |