Israel’s resiliency has made it one of the top performing developed markets in 2018
New York, NY — June 27, 2018 — VanEck is today marking the fifth anniversary of the VanEck Vectors® Israel ETF (NYSE Arca: ISRA®), a fund designed to offer broad and diversified exposure to Israel’s globally oriented economy.
“We launched ISRA to provide a comprehensive solution for investors who are attracted to Israel’s compelling growth story,” said Ed Lopez, Head of ETF Product at VanEck. “The underlying index allows the ETF to provide the broadest exposure to Israel’s economy from a U.S.-listed ETF by including Israeli equities trading globally. It also shares a similar philosophy to VanEck’s other country funds by including companies with meaningful exposure to Israel in a well-diversified way.”
ISRA tracks the price and yield performance of the BlueStar Israel Global Index® – BIGI® (Index ticker: BLSNTR). As of May 31, 2018, the top three sectors in the index by weighting were Information Technology (35.5%), Healthcare (22.3%), and Financials (17.4%). Also represented in the index were the real estate, energy, materials, and industrials sectors, as well as a number of other key parts of the Israeli economy. The index is the broadest benchmark of Israeli equities trading worldwide, and includes 134 stocks listed on seven exchanges, including the Tel Aviv Stock Exchange, Nasdaq, the NYSE, Australia’s ASX, and the London, Hong Kong, and Singapore exchanges.