These days, it's common for the tail to wag the dog, and to have an index that only exists to be tracked by some fund. (The Index of Stocks that Fund Manager X

These days, it's common for the tail to wag the dog, and to have an index that only exists to be tracked by some fund. (The Index of Stocks that Fund Manager X likes). It's not clear to me from the press release whether S&P Dow Jones are doing that here, or if they're planning to have a flagship index that lots of fund managers will be trying to track or beat.