ZUG, Swiss, June 30, 2022 / PRNewswire / – Qontigo has awarded the STOXX® Global Digital Entertainment and Education Index to BlackRock as an underlying benchmark for an iShares ETF, the latest addition to a growing range of innovative thematic solutions available to European investors. The fund was launched today.
The STOXX Global Digital Education and Entertainment Index selects companies that generate more than half of their revenue from 34 sectors associated with the target topic, including educational software, general gaming products and services, content platforms, and devices electronic. The index, which uses a “tight” equity scheme, applies liquidity and market capitalization filters to stock selection. The methodology also implements exclusive ESG screens.
“Thematic indexes offer a systematic, transparent, rule-based way to target megatrends that have an impact on our world,” he said. Hamish Seegopaul, general manager, product R&D of Qontigo. “The transition to online and technology-focused online learning and entertainment was already gaining momentum before COVID-19 and has only accelerated since then. Both activities are bringing about a paradigm shift that, for to investors, it is better captured through a thematic strategy “.
Evy HungerBlackRock’s global head of thematic and sectoral investments said: “Thematic investment is being used by an increasingly diverse investor base looking to expose themselves to the secular, disruptive and long-term trends that will define the future. As technology continues to revolutionize the entertainment industry and the demand for digital experiences changes the way people play and learn, we have worked with Qontigo to design the iShares Digital Entertainment & ETF Education UCITS, which offers investors granular exposure to a rapidly evolving area of the global economy.This incorporation into our Thematic range leverages the strength of our global investment platform to capture the drivers of structural change and position investors’ portfolios for long-term growth “.
“Rising market volatility and this year’s large macro changes, and uneven performance across sectors, have highlighted the benefits of more focused strategies such as thematic investment,” he said. Christopher Schon, Senior Director, Applied Research at Qontigo. “These strategies offer the advantage of overstepping the established limits of conventional offerings based on regions, countries or sectors. As such, they can capitalize on powerful structural engines that provide less cyclicality and more diversification to the usual market dynamics.”
The thematic collaboration of Qontigo and BlackRock began in 2016 and now includes eight ETFs covering topics such as automation and robotics, healthcare innovation, digitization and population aging. The funds track STOXX indices and have been surpassed $ 8.8 billion in assets.
Explore the full range of Qontigo themed indexes.
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Andreas von Brevern
Phone: +49 69 211 14284