Frankfurt (30 June 2021) – Today, MV Index Solutions GmbH (MVIS®) announced the licensing of the MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) to Samsung Asset Management, to underlie an ETF in Korea.
The MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) is a modified market cap-weighted index that tracks the performance of the largest and most liquid US-listed companies that derive at least 50% of their revenues from semiconductors. The pure-play index contains only companies that are engaged primarily in the production of semiconductors and semiconductor equipment. Companies must generate at least 50% of their revenues in the sector of semiconductors to be eligible for index inclusion.
The MVIS US Listed Semiconductor 25 Index (ticker: MVSMH) is weighted by free float market capitalisation and is calculated in USD as a price index, a total return net index and a total return gross index and reviewed on a semi-annual basis. Capping factors are applied to avoid overweighting of single index components. Detailed information about the index, including methodology details and index data, are available on the MV Index Solutions website.