BlueStar Israel Global Technology Index
Index Symbol: BGTHTR
BlueStar’s flagship benchmark of Israeli equities of companies operating in innovative industries. The BlueStar Israel Global Technology Index includes Israeli companies, irrespective of listing venue, operating in industries ranging from information technology to biotechnology, defense and security technology, and clean energy technology.
The definition of an Israeli company is based on BlueStar’s proprietary, research-driven framework considering such factors as location of headquarters, percentage of revenue and long-lived assets in Israel, location of R&D facilities, location of incorporation and tax jurisdiction, and location of company’s management team and Board of Directors.
The index is rebalanced semi-annually and components are weighted according to a modified free-float capitalization strategy with a liquidity overlay.
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