Frankfurt (16 July 2021) – MV Index Solutions (MVIS®) announced the licensing of the MVIS Global Video Gaming & eSports Index (ticker: MVESPO) to FinEx ETFs, an investment management company that offers a full spectrum of investment solutions for their ETF in Russia.
The MVIS Global Video Gaming & eSports Index (ticker: MVESPO) tracks the performance of the global companies which generate at least 50% of their revenues from the video gaming and eSports sector. These companies may include those that develop video games and related software/hardware, streaming services, and are involved in eSports events. E-Sports is the sport of the digital generation and has grown from having a niche existence to becoming a mass phenomenon that is followed by millions of viewers on a daily basis via live streaming or in event halls.
"We are pleased to announce the licensing of MVIS Global Video Gaming & eSports Index to FinEx ETFs. This is the first video games and e-sports ETF on the Russian market and will allow Russian investors to invest in the flagship index of the gaming industry," said Josh Kaplan, Global Head of Research & Investment Strategy at MV Index Solutions.
The MVIS Global Video Gaming & eSports Index (ticker: MVESPO) is weighted by free float market capitalisation and is calculated in U.S. Dollar as a price and a total return net index. Capping factors are applied to avoid overweighting of single index companies. The index is reviewed quarterly.
Detailed information about the index is available on MV Index Solutions website.