Frankfurt (24 June 2022) - MarketVector Indexes GmbH would like to inform you about an improvement to the methodology of the following indexes:
- BlueStar® Top 10 US Banks (ticker: BUBNK),
- BlueStar® Top 10 US Listed Alternative Asset Managers (BUALT),
- BlueStar® Top 10 US Office REITs (BUORT),
- BlueStar® Top 10 US Residential Real Estate (BURRT).
To avoid an index component exceeds 25% weight, MarketVector Indexes will adjust the weighting factor if the company
- Exceeds 22.5% weight in case of outperformance,
- Is expected to exceed 22.5% weight after a corporate action (e.g. merger, deletion of other components).
The target weight of such adjustments is 20%. This target maximum weight will in this case be applied to any other company which exceeds 20% as well.
Details are announced in corporate action files.
This update will become effective on 24 July 2022, the index guide will be updated accordingly.