Unique Pair of Indexes Track Israel’s Domestic-focused and Globally-Oriented Companies
Frankfurt and New York, Monday May 9, 2016 – Solactive AG and BlueStar Indexes today announced the introduction of a pair of indexes designed to reflect the segmentation of the Israeli economy between globally-oriented firms and companies primarily focused on serving the domestic economy. Collectively the series are known as the Solactive-BlueStar Israel Economic Exposure Indexes.
The Solactive-BlueStar Israel Domestic Exposure Index (IDEI) and Solactive-BlueStar Israel Global Exposure Index (IGEI) provide investors with two distinct benchmarks for Israeli equities. These two indexes can be used as vital indicators of Israel’s economic cycles and specific economic trends, as well as tools or vehicles to track the potential risk of geopolitical events in the volatile Middle East. Additionally, these indexes provide insight into the different risk, reward, correlation, yield and other technical and fundamental characteristics of Israeli Global Equities representing Israel’s domestic and global economies.