Recent product launches in the US and in Israel, including the NYSE-listed Defiance 5G NextGen Connectivity ETF and the Israeli-registered E-Games and China Internet & Software Index Funds are driving BlueStar’s success; BlueStar’s index family has now grown to more than 20, encompassing a wide range of global and regional technology themes.
New York & Tel Aviv, March 28, 2019—BlueStar Indexes®, a research-driven provider of financial indexes, is proud to announce the launch of the first U.S.-listed ETF to track the BlueStar Global 5G Communications Index, the Defiance 5G NextGen Connectivity ETF. This launch highlights the substantial expansion of BlueStar’s index family and the assets tracking its indexes. In the rapidly-growing area of thematic technology indexes, BlueStar now maintains 12 benchmarks for investment products, building on the nine Israel-focused indexes already in the marketplace. More than $400 million now tracks BlueStar Indexes worldwide, reflecting meaningful growth since launching its thematic tech index family in early 2018.
BlueStar’s Expanded Global Thematic Index Family: The Bluestar Global 5G Communications Index
BlueStar Global 5G Communications Index is a rules-based index that provides exposure to global companies whose products or services are expected to contribute to the roll out of 5G networks, including core carrier-grade telecommunication equipment, network test and optimization equipment and software, mobile network operators, cell tower and data center REITs, enhanced mobile broadband, and SDN and NFV.
“The expansion of our Thematic Tech indexes, particularly into the exciting world of 5G, speaks to BlueStar’s commitment to providing highly-relevant, cutting-edge indexes to encompass the global impact of disruptive technology,” said Steven Schoenfeld, Founder and Chief Investment Officer of Bluestar Indexes.
BlueStar’s global thematic index family has grown significantly in the past 12 months to include the BlueStar Fintech Index, the BlueStar Robotics Index, the BlueStar Artificial Intelligence Index, the BlueStar Autonomous Driving Index, the BlueStar Internet of Things Index, the BlueStar Blockchain Technology Index, the BlueStar Augmented and Virtual Reality Index, the BlueStar Quantum Computing and Machine Learning index, and the BlueStar E-Games Index.
“We’re excited about the future of our index family moving forward,” Schoenfeld continued. “With our comprehensive family of thematic technology indexes, we’re confident we’ll be able to provide significant value to the index fund and ETF industry in the years to come.”
About BlueStar Indexes®
BlueStar Indexes® is a research-driven provider of financial indexes, based in the US and rooted in the Israeli market, focused on serving the needs of growing index fund managers and ETF issuers around the world.
We partner with our clients to deliver thoughtfully-designed proprietary and custom strategies, data sets and model portfolios, ranging from Israel and other regional opportunities, to technology themes disrupting the global economy.
In addition to the thematic indexes listed above, BlueStar’s flagship Israeli indexes are the BlueStar Israel Global Index® (BIGI®), a benchmark designed for broad, deep and complete coverage of Israeli companies listed worldwide and the BlueStar Israel Global Technology Index™ (BIGITech®). The NYSE-listed ISRA ETF, two TASE-listed ETFs sponsored by Psagot, and an I.B.I. Index Fund track BIGI®. The BlueStar Israel Global Technology Index™ is tracked by the NYSE-listed ITEQ® ETF, and two Israeli-registered BIGITech® index-tracking products managed by KSM/Excellence.
Stoyan Bojinov, Arro Financial Communications (224) 622-6637 / email@example.com
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