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HONG KONG, Jan. 23, 2014 /PRNewswire/ -- Cedrus Investments ("Cedrus"), a global leader in the nanotechnology investment arena, announced today the 2013 performance of its two global nanotechnology indices, both launched in October 2009 -- Cedrus Nanotechnology Index - Diversified (CNID) and Cedrus Nanotechnology Index - Pure (CNIP). Both CNID and CNIP outperformed many of the major equity indices in the period, including the S&P 500, NASDAQ Composite, MSCI World, Russell 3000, Hang Seng and Shanghai Composite with a respective return of 61.66% and 68.75%.
Cedrus maintains two indices in order to meet the needs of diverse investors. These indices serve as performance benchmarks for nanotechnology investing. Cedrus' diversified index (CNID) includes equally-weighted companies spanning all five nano-markets, including electronics, manufacturing, energy, life sciences and clean technology and is inclusive of both diversified companies that have nanotechnology as only one of their many growth drivers, and pure-play companies that have nanotechnology as their primary driver of growth. Cedrus' pure index (CNIP) is a concentrated index, comprised of equally-weighted pure-play companies spanning also all five nano-markets and is best-suited for small-cap investors.
