FRANKFURT, Germany (July 31, 2024) – MarketVector IndexesTM ("MarketVector") announces a rule change for the indexes listed below regarding the implementation of review/rebalancing changes as per section 2.1 Review Schedule of the corresponding index guides. The rule change will be effective with the implementation of the quarterly/semi-annual review in September 2024:
- BlueStar® Travel and Vacation Index (BTOUR)
- BlueStar® Top 10 US Banks Index (BUBNK)
- BlueStar® Top 10 US Listed Alternative Asset Managers Index (BUALT)
- BlueStar® Europe Infrastructure Index (BEURI)
- BlueStar® Top 10 US Listed Fabless Semiconductor Index (BFABL)
Old Rule:
Changes will be implemented and based on the closing prices as of the third Thursday of March, June, September, and December. If the third Thursday is not a business day, the review will take place on the last business day before the third Thursday. If a security does not trade on the third Thursday of March, June, September, and December, then the last available price for this security will be used. Changes become effective on the next index dissemination day.
New Rule:
Changes will be implemented and based on the closing prices as of the third Friday of March, June, September, and December. If the third Friday is not a business day, the review will take place on the last business day before the third Friday. If a security does not trade on the third Friday of March, June, September, and December, then the last available price for this security will be used. Changes become effective on the next index dissemination day.
The amended Index Guide will be available for download at https://marketvector.com/index-guides.
Kind Regards,
MarketVector IndexesTM
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