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ITEQ

BlueStar Israel Technology ETF

About ITEQ

  • 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.

  1. USA Today. “Start-up nation Israel draws U.S. governors.” August 13, 2013.

BlueStar Indexes

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

Related Funds
Fund Summary
Fund Inception 1
11/02/2015
Ticker
ITEQ
CUSIP
26924G870
ISIN
US26924G8704
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Security Lending Income 2
0.05%
Intraday NAV (IIV)
ITEQ.IV
NAV Symbol
ITEQ.NV
Rebalance Frequency
Semi-Annual
Index Provider
BlueStar Indexes
No. of Holdings 3
57
Index Ticker
BGTHTR
Fund Documents

Fund Prices

Last Updated 11/19/2019

Fund Name

BlueStar Israel Technology ETF

Symbol

ITEQ

NAV

42.24

Market Price Changes

-0.13

Market Price Close

42.36

Nav Price Change

-0.05

Premium/Discount(%)

0.28


Month End Performance

Last Updated 10/31/2019

NAV% Market Value%
Cumulative    
1 Month 3.14 3.34
3 Months -0.97 -0.83
6 Months 7.01 6.81
YTD 30.91 31.09
Since Inception Cumulative 66.75 66.81
Annual    
1 Year 25.48 25.63
3 Year 19.63 19.50
5 Year - -
Since Inception Annualized 13.65 13.66

Quarter End Performance

Last Updated 9/30/2019

NAV% Market Value%
Cumulative    
1 Month -3.37 -3.84
3 Months 2.50 2.37
6 Months 7.37 7.04
YTD 26.93 26.85
Since Inception Cumulative 61.68 61.41
Annual    
1 Year 11.17 10.92
3 Year 16.48 16.31
5 Year - -
Since Inception Annualized 13.07 13.02

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 11/19/2019

Name % Total Assets Ticker Shares Held Market Value USD
AMDOCS LTD7.75%DOX87,243$6,056,409.06
NICE LTD7.54%NICE IT38,365$5,894,202.12
NOVOCURE LTD7.50%NVCR68,350$5,861,012.50
CHECK POINT SOFTWARE TECH LTD ORD6.97%CHKP46,634$5,450,115.58
MELLANOX TECHNOLOGIES LTD6.37%MLNX43,596$4,976,483.40
WIX COM LTD6.00%WIX37,010$4,686,576.30
CYBERARK SOFTWARE LTD4.91%CYBR32,930$3,834,039.90
ELBIT SYSTEMS LTD4.32%ESLT IT21,000$3,379,331.28
ORMAT TECHNOLOGIES4.02%ORA IT40,838$3,138,251.27
SOLAREDGE TECHNOLOGIES INC4.00%SEDG40,750$3,129,192.50

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
Related Funds
Fund Summary
Fund Inception 1
11/02/2015
Ticker
ITEQ
CUSIP
26924G870
ISIN
US26924G8704
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Security Lending Income 2
0.05%
Intraday NAV (IIV)
ITEQ.IV
NAV Symbol
ITEQ.NV
Rebalance Frequency
Semi-Annual
Index Provider
BlueStar Indexes
No. of Holdings 3
57
Index Ticker
BGTHTR
Fund Documents

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