BlueStar® Fintech Index
The BlueStar® Fintech Index (BFNQ) tracks the performance of the largest and most liquid companies in the global fintech industry. This is a modified market cap-weighted index, and only includes companies that generate at least 33% of their revenue from fintech related products or services, such as banking or credit card software, enterprise transaction and accounting software, point-of-sale hardware and transaction processing software, internet-based and peer-to-peer transaction apps, electronic payment processing or transaction recording, or securities and asset trading software.
|Size and Liquidity Requirements||Float-adjusted market capitalization of at least 500 mln USD. Six-month average-daily-value-traded of at least 1 mln USD.|
|Universe||Companies must derive at least 33% of revenue from electronic payment processing, financial industry software, or POS hardware, or at least 50% from credit card business.|
|Diversification||Companies are weighted by float-adjusted market capitalization with a maximum component weight of 3%.|
|Review||Semi-annual in June and December.|
||BlueStar® Fintech Price Index
||BlueStar® Fintech Total Return Net Index