Indxx LLC Launches Three Thematic Indices, Licensed to Global X Funds for Exchange Traded Funds
May 10 2016 - 9:30AM
Business Wire
Indxx LLC is pleased to announce the launch of the Indxx
Millennials Thematic Index, Indxx Global Longevity Thematic Index
and Indxx Global Health & Wellness Thematic Index (the
“Indices”). The Indices have been licensed to New York-based ETF
provider Global X Funds for their exclusive use as the underlying
benchmarks for the Global X Millennials Thematic ETF (NASDAQ:
MILN), which began trading last Thursday, and the Global X
Longevity Thematic ETF (NASDAQ: LNGR) and Global X Health &
Wellness Thematic ETF (NASDAQ: BFIT), which began trading
today.
“We are excited to have developed these indices for Global X
Funds by using the cutting-edge capabilities of our research and
analytics divisions to identify unique trends and properly target
them via an index-based approach,” said Rahul Sen Sharma, Partner
at Indxx. “We look at it as another example of how we distinguish
ourselves as a custom index provider that adds value throughout the
index development process.”
About The Indices
The Indxx Millennials Thematic Index measures the performance of
U.S. listed companies that provide exposure to the “Millennial
generation.” The Millennial generation refers to the demographic
cohort in the U.S. with birth years ranging from 1980 to 2000.
The Indxx Global Longevity Thematic Index is designed to track
the performance of companies listed in developed markets that are
expected to directly or indirectly contribute to increasing the
lifespans of the senior population of the world. The index provides
access to companies involved in biotechnology, medical devices,
pharmaceuticals, senior living facilities and specialized health
care services, which respond to the needs of this demographic.
The Indxx Global Health & Wellness Thematic Index is
designed to track the performance of companies listed in developed
markets that provide products and services aimed at promoting
physical wellness through active and healthy lifestyles, including
but not limited to fitness equipment and technology, athletic
apparel, nutritional supplements, and organic/natural food
offerings.
About Indxx
Founded in 2005, Indxx seeks to redefine the global indexing
space. With offices in New York, London and New Delhi, the firm
focuses on Index Development, Index Calculation, Analytics &
Research and combines these services in a holistic, customized
approach that is unique to the industry and provides maximum
benefits to our clients.
For more information about Indxx or the Indices, please visit:
http://www.indxx.com/
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version on businesswire.com: http://www.businesswire.com/news/home/20160510006308/en/
For further information about this press release:Indxx Press
& Media RelationsAnika Bhardwaj,
+1-844-55-INDXXinfo@indxx.com
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