More on the Liv-ex indices

By September 4, 2008Fine Wine Market

Although it is the Liv-ex 100 Fine Wine Index that usually grabs the headlines, Liv-ex calculates a number indices on a monthly basis. Below is a graph showing comparing the performance of our four man indices: the Liv-ex 100 Fine Wine Index; the Liv-ex 500 Fine Wine Index; the Liv-ex Claret Chip Index and the Liv-ex Champagne 25 Index.
As you can see, if 2007 was the year of the First Growths (as represented by the Claret Chip), 2008 has been the year of Champagne, whith the Liv-ex Champagne 25 up 14% since the end of December 2007.

Compping 

The various Liv-ex indices are explained below. If you would like to buy a subscription to any of our indices including full component price data (or would even like create your own) please contact Liv-ex for more information. You can find contact details here.

All index components are priced using the Liv-ex Best List Price unless otherwise stated.

The Liv-ex 100 Fine Wine Index
The Liv-ex 100 Fine Wine Index is the fine wine industrys leading benchmark. It represents the price movement of 100 of the most sought-after fine wines for which there is a strong secondary market and is calculated monthly. The index is calculated using Liv-ex Mid Prices and is then weighted to account for original production levels and increasing scarcity as the wine ages. Liv-ex 100 subscribers gain access to the full details of the component wines, including weightings and Mid Prices allowing you to benchmark your portfolio against the market. Licensing deals for marketing purposes are also available.

The Liv-ex 500 Fine Wine Index
The Liv-ex 500 Fine Wine Index has the broadest base of all the Liv-ex indices and is designed to reflect price trends in the wider fine wine market. Unlike the Liv-ex 100 any commonly traded wine is eligible, meaning popular wines from Bordeaux that dont fit the more stringent Liv-ex 100 criteria are included. The majority of the index consists of Bordeaux wines a reflection of the overall market although it also includes wines from Burgundy, the Rhone, Champagne, Port, Italy and the New World.

The Liv-ex Claret Chip
The Liv-ex Claret Chip tracks the top scoring Bordeaux First Growth. Aimed at professional investors, it is designed to be fully investable and completely transparent in its formulation. Valued with Liv-ex Mid Prices, it includes all the First Growths from the last 15 years that have scored 95 points and above from www.erobertparker.com (final bottle scores only).

The Liv-ex Champagne 25
The Liv-ex Champagne 25 tracks the world most sought after Champagnes. Based around the leading vintages of Dom Perignon, Louis Roederer Cristal and Krug, this is the perfect index for those with large stocks of Champagne or a strong Champagne client base.

Liv-ex Regional Indices
Liv-ex can supply a variety of indices tracking the performance of wines from a single region, such as the Bordeaux, Burgundy, Sauternes, Italy and the Rhone.

Bespoke Indices
Create your own index in conjunction with Liv-ex and have it updated monthly. You can track the performance of your portfolio, watch the ups and downs of a particular vintage or focus on a sector of the market with particular importance to you.