Five Funds tracking Indxx Indices list across the globe this week
Added: (Thu Jun 09 2022)
Pressbox (Press Release) -
New York – December 10, 2021 - Indxx is pleased to announce the licensing of five of its indices this week. Funds tracking these indices have listed on major exchanges in Asia Pacific, Europe, Japan, Hong Kong and the United States. Below are the details:
• Indxx Japan Fintech Index has been licensed by Japan-based ETF Issuer Global X Japan as the underlying benchmark for the Global X Japan Fintech ETF (Ticker: 2836 JP Equity), which began trading on December 08, 2021.
• Indxx Semiconductor Equipment Providers Index has been licensed by Israel-based Meitav Tachlit Mutual Funds, as the underlying benchmark for an index tracking fund (Ticker: 5134556), which began trading on December 08, 2021.
• Indxx Renewable Energy Producers v2 Index has been licensed by Global X ETFs as the underlying benchmark for the Global X Renewable Energy Producers UCITS ETF (Ticker: RNRG LN Equity), which began trading on the London Stock Exchange on December 09, 2021. Prior to this, on December 07, 2021, a fund tracking the index was also listed on the Euronext Dublin.
• Indxx US Pure Aviation Index has been licensed by US-based asset manager, Direxion ETFs as the underlying benchmark for the Direxion Daily Airlines Bull 2X Shares (Ticker: FLYY US Equity), which began trading on December 09, 2021.
• Indxx Global Fintech Thematic Index has been licensed by Hong Kong-based asset manager, Mirae Asset Global Investments, as the underlying benchmark for the Global X Fintech ETF (Ticker: 3185 HK Equity), which began trading today. These indices provide exposure to a diverse set of themes, ranging from FinTech to clean energy to aviation to semiconductor, each of which has strong future growth potential.
• The Indxx Japan Fintech Index (Ticker: IJFIT) is designed to track the performance of Japanese companies that develop technology and provide services to the financial industry.
• The Indxx Semiconductor Equipment Providers Index (Ticker: ISEMPIT) is designed to track the performance of companies that are engaged in providing consumable materials to semiconductor manufacturers including semiconductor solutions, semiconductor testing and measurement solutions.
• The Indxx Renewable Energy Producers v2 Index (Ticker: IYLCORT2) is designed to track the performance of companies that produce energy from renewable sources such as wind, solar, hydroelectric, geothermal, and biofuels.
• The Indxx US Pure Aviation Index (Ticker: IUPAI) seeks to accurately and comprehensively measure the performance of companies that provide goods and/or services towards Airline and Air Transportation Industry including air travel, aircraft manufacturing and airport operations across the United States.
• The Indxx Global Fintech Thematic Index (Ticker: IFINX) is designed to track the performance of companies listed in developed markets that are offering technology-driven financial services which are disrupting existing business models in the financial services and banking sectors. www.indxx.com “We’re extremely grateful to our clients across the globe for their continued support in our pursuit to introduce innovative indexing solutions.
We are confident that these differentiated offerings that track promising technology and sustainable themes will benefit our clients globally. It’s exciting to witness our global footprint strengthen across key financial markets,” said Rahul Sen Sharma, Managing Partner at Indxx.
Vaibhav Agarwal, Chief Revenue Officer at Indxx added, “Our team is consistently working towards creating successful strategies that are backed by top-notch research. We’re delighted to partner with leading asset managers to bring these promising investment strategies to the market.”
As of December 10, 2021:
• The Indxx Japan Fintech Index has 28 constituents. It has been backtested to April 28, 2017, and has a live calculation date of October 12, 2021. Additional information can be found here.
• The Indxx Semiconductor Equipment Providers Index has 41 constituents. It has been backtested to June 30, 2016, and has a live calculation date of October 18, 2021. Additional information can be found here.
• The Indxx Renewable Energy Producers v2 Index has 44 constituents. It has been backtested to March 31, 2016 and has a live calculation date of August 22, 2018. Additional information can be found here.
• The Indxx US Pure Aviation Index has 26 constituents. It has been backtested to August 31, 2016 and has a live calculation date of September 09, 2021. Additional information can be found here.
• The Indxx Global Fintech Thematic Index has 54 constituents. It has been backtested to June 30, 2015 and has a live calculation date of August 29, 2016. Additional information can be found here.
About Indxx
Founded in 2005, Indxx endeavors to deliver innovative and custom indexing and calculation solutions to the investment management community at large. Indxx and products tracking our indices have been nominated for and received numerous awards, including ‘Best Index Provider - Emerging Markets ETFs’ at the ETF Express US Awards in October 2020 and ‘Most Innovative ETF Index Provider’ for the Americas at the 14th Annual Global ETF Awards in July 2018.
For more information about Indxx, please visit: http://www.indxx.com/