- First ETF to comprehensively target innovative companies in the Israeli Tech Industry
- Israel is, as Warren Buffett says, “the leading, largest and most promising investment hub outside the United States”1
- ITEQ provides exposure to the technology themes of tomorrow (including cyber security, autonomous driving, artificial intelligence, cleanTech, defenseTech, 3D printing)
- A complete and diversified way to add Israeli companies to a global technology allocation
ITEQ® is the first ETF created to provide investors with diversified exposure to the dynamic Israeli technology sector. Although only a handful of Israeli technology companies are household names, collectively, the Israeli technology sector is a major innovator, developer and supplier within the global technology ecosystem. These companies are at the forefront of most technologically disruptive industries, including; cyber security, big data hardware and analytics, autonomous driver assistance and safety, clean energy, biotechnology and medical devices. ITEQ® allows investors to tap into the Israeli technology investment opportunity, which includes Israeli companies listed worldwide and active in a broad range of well-established, emerging and disruptive technology sectors.
The ITEQ® ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the BlueStar Israel Global Technology Index® (BIGITech®), an index of Israeli technology companies listed on the Tel Aviv, Nasdaq, NYSE, Hong Kong, London, Australian and Singapore Exchanges.
ITEQ tracks the BlueStar Israel Global Technology Index (“BIGITech”), the flagship benchmark for Israeli technology stocks, which encompasses Israeli companies listed on exchanges throughout the world.
About The Index
BIGITech® is the broadest, deepest and most complete benchmark of the Israeli Global Technology sector. The index considers all Israeli companies regardless of listing venue and allows for the inclusion of companies operating in a range of industries from information technology to biotechnology to clean and sustainable agriculture and energy technology. BIGITech was developed and is maintained by BlueStar Indexes®. The index is calculated by Standard and Poor’s. The index is rebalanced twice a year in June and December. BlueStar Indexes is advised by the BlueStar Index Advisory Committee. The index’s ticker symbol is BGTHTR.
- USA Today. “Start-up nation Israel draws U.S. governors.” August 13, 2013.
BlueStar Indexes is a subsidiary of BlueStar Global Investors LLC, a research focused financial firm that specializes in the Israeli capital markets. BlueStar’s mission is to develop investment strategies that provide global institutional and retail investors efficient access to the full range of Israeli asset classes.
For more information, visit bluestarindexes.com
Capture the Israeli Technology Innovation
Wednesday, February 26, 1PM EST
In this one-hour webinar, we will provide insight into: The essential role that Israeli companies play within global tech themes, recent IPO’s and acquisitions, the winners of 2019 return and the outlook for 2020, using the ITEQ ETF: a framework for building a globally diversified tech portfolio, and more.
Sign up for the webinar here.
Last Updated 2/22/2020
BlueStar Israel Technology ETF
Market Price Changes
Market Price Close
Nav Price Change
Month End Performance
Last Updated 01/31/2020
|Since Inception Cumulative||83.05||82.92|
|Since Inception Annualized||15.30||15.28|
Quarter End Performance
Last Updated 12/31/2019
|Since Inception Cumulative||74.85||75.11|
|Since Inception Annualized||14.37||14.41|
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).
Top 10 Holdings
Last Updated 2/22/2020
|Name||% Total Assets||Ticker||Shares Held||Market Value USD|
|NICE LTD||8.31%||NICE IT||50,007||$8,953,857.23|
|CHECK POINT SOFTWARE TECH LTD ORD||6.97%||CHKP||64,484||$7,502,068.56|
|SOLAREDGE TECHNOLOGIES INC||6.91%||SEDG||52,361||$7,438,927.27|
|WIX COM LTD||6.47%||WIX||50,722||$6,964,637.82|
|MELLANOX TECHNOLOGIES LTD||6.40%||MLNX||56,183||$6,890,283.12|
|CYBERARK SOFTWARE LTD||4.52%||CYBR||40,306||$4,872,592.34|
|ORMAT TECHNOLOGIES||4.00%||ORA IT||49,957||$4,310,216.30|
|ELBIT SYSTEMS LTD||3.96%||ESLT IT||26,620||$4,262,471.04|
Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.Premium Discount Chart