FRANKFURT, Germany (August 23, 2023) – MarketVector IndexesTM ("MarketVector") announces the following rule changes for the BlueStar® 5G Communications Index (BFIVG) and the BlueStar® Artificial Intelligence Index (BAIPR) effective with the implementation of the semi-annual review in September 2023.
For the BlueStar® Artificial Intelligence Index (BAIPR):
Current rule | Updated rule |
Component Eligibility: Non-current index components must have a three-month average-daily-value-traded of at least 5 million USD at the current review and also at the previous two quarters to qualify. Current index components must have a three-month average-daily-value-traded of at least 2.5 million USD in at least two of the latest three quarters (current review and also at the previous two quarters). In addition, a three-month average-daily-value-traded of at least 3.5 million USD at the current review or one of the previous two quarters. | Component Eligibility: Non-current index components must have a three-month average-daily-value-traded of at least 2 million USD at the current review and also at the previous two quarters to qualify. Current index components must have a three-month average-daily-value-traded of at least 1 million USD in at least two of the latest three quarters (current review and also at the previous two quarters). In addition, a three-month average-daily-value-traded of at least 1.5 million USD at the current review or one of the previous two quarters. |
Review Schedule: The index is reviewed semi-annually in June and December. | Review Schedule: The index is reviewed semi-annually in March and September and rebalanced on a quarterly basis in March, June, September, and December. |
For the BlueStar® 5G Communications Index (BFIVG):
Current rule | Updated rule |
Weighting Scheme: A minimum weight of 0.5% is applied. | Weighting Scheme: Index components are no longer subject to a minimum weight. |
This is a supplement to the rule changes published in the announcement here.
The amended Index Guide will be available for download at https://marketvector.com/index-guides.
Kind Regards,
MarketVector IndexesTM