Middle East ETP News
you are currently viewing::Indxx Licenses US 2000 Profitability Index to Migdal Mutual Funds Ltd.October 28, 2025--Indxx, a leading global provider of innovative indexing solutions for exchange-traded funds (ETFs), is pleased to announce the licensing of the Indxx US 2000 Profitability Index to Migdal Mutual Funds Ltd. The Index serves as the underlying benchmark for the MTF TR (4A) Indxx US 2000 Profitability Currency-Hedged (Ticker: 5140207), which began trading in Israel today. The Indxx US 2000 Profitability Index is designed to track the performance of the companies listed and incorporated in the US that have profitability in financial statements and revenue growth. Rahul Sen Sharma, President and Co-CEO at Indxx said, "Profitability has regained centre stage in the current market environment, as companies with sustainable earnings and efficient operations continue to demonstrate stronger business fundamentals. Recent data shows that a meaningful share of listed U.S. firms have reported negative earnings in the past year, underscoring the importance of distinguishing organizations that generate consistent profits even amid economic uncertainty". Source: Indxx |
ChinaAMC signs MOU with Oman Government Delegation
September 11, 2025-Previously ChinaAMC teamed with Jabal Asset Management to launch a fund that enabled access to China equity market, making ChinaAMC China's first mutual fund company to partner with Oman government.
