Frankfurt (6 April 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing of the MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) to KSM, a leading Israeli issuer of ETFs and index mutual funds for anETF and an index fund.
“I am happy to announce the first licensing of an MVIS-branded indexin Israel“, said Steven Schoenfeld, CEO at MV Index Solutions. “Given theperformance of our semiconductor index in both the USA and the EU, we havegreat confidence that our client KSM will have success in gathering assets inthe dynamic and competitive Israeli marketplace.“
The MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) is a modified market cap-weightedindex that tracks the performance of the largest and most liquid US-listedcompanies that derive at least 50% of their revenues from semiconductors. Thepure-play index contains only companies which are engaged primarily in the productionof semiconductors and semiconductor equipment. The index is weighted byfree float market capitalisation and is calculated in USD as a price and atotal return net/gross index. The index is reviewed on a semi-annual basis. Detailed informationabout the index, including methodology detailsand index data, are available on the MV Index Solutions website.
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