Frankfurt (12 October 2021) – MV Index Solutions GmbH (MVIS®) today announced the licensing of the BlueStar E-Commerce, Payments, and Logistics Index (ticker: BECLG) to Analyst IMS Mutual Funds Management (1986) Ltd, a leading Israeli fund management company.
The BlueStar E-Commerce, Payments, and Logistics Index (ticker: BECLG) tracks the performance of the largest and most liquid companies in the global e-commerce and logistics industries. This is a modified market cap-weighted index, and only includes companies that generate at least 50% of their revenue from logistics software, logistics automations equipment, online payment processors, or online marketplaces and e-commerce infrastructure software.
The BlueStar E-Commerce, Payments, and Logistics Index (ticker: BECLG) is weighted by float-adjusted market capitalisation and is calculated in USD as a price and a total return net index. The index rebalances tier weights based on a proprietary signal and is reviewed on a semi-annual basis. In addition, the sub-theme weights of this index are reviewed on a weekly basis and rebalanced based on a “Trigger Event” (“Ad-hoc rebalance”). Detailed information about the index, including methodology details and index data, is available on the MV Index Solutions website.