Latest news with #ExchangeTradedFunds
Yahoo
11 hours ago
- Business
- Yahoo
Neonode Set to Join Russell 2000® Index
STOCKHOLM, June 3, 2025 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) (the "Company" or "Neonode") will be added as a member of the U.S. small-cap Russell 2000 Index, effective after the U.S. market opens on June 30 as part of the 2025 Russell indexes reconstitution. Neonode, a provider of touch technology and optical sensing solutions for technologically demanding and regulated industries, debuted on the NASDAQ stock exchange in 2012 under the stock ticker symbol "NEON." Membership in the Russell 2000 Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. Neonode's stock will also be automatically added to the appropriate growth and value indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. The Russell US Indexes can be used as performance benchmarks, or as the basis for index-linked products including index tracking funds, derivatives and Exchange Traded Funds (ETFs). "Our inclusion in the Russell 2000 Index is an encouraging milestone for Neonode as we position ourselves for future success. We welcome the enhanced visibility it gives us within the investor community and look forward to sharing our progress as we continue our journey toward innovation leadership and sustainable business growth," says Daniel Alexus, President and Chief Executive Officer at Neonode. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. "The Russell indexes have continuously adapted to the evolving dynamic US economy, and it's crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark," comments Fiona Bassett, CEO of FTSE Russell, an LSEG Business. For more information on the Russell 2000 Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. For more information, please contact: Chief Financial OfficerFredrik NihlénE-mail: +46 703 97 21 09 President and Chief Executive OfficerPierre Daniel AlexusE-mail: +46 767 60 29 90 This information was brought to you by Cision The following files are available for download: neonode-set-to-join-russell-2000-20250603 Neonode Set to Join Russell 2000® Index View original content: SOURCE Neonode Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
11 hours ago
- Business
- Business Standard
NSE Indices launches Nifty India Infrastructure & Logistics Index
NSE's index services subsidiary, NSE Indices launched a new thematic index Nifty India Infrastructure & Logistics. The Nifty India Infrastructure & Logistics Index aims to track the performance of stocks from the Nifty 500 that represent the infrastructure and logistics theme. The index picks top 100 stocks from eligible basic industries based on a 6-month average free-float market capitalization from the Nifty 500. The weight of each stock in the index is based on free float market capitalization. The aggregate weight of stocks belonging to an industry is capped at 20% and the weight of each stock in the index is capped at 5%. The base date for the index is 1 April 2005, and the base value is 1000. The index will be reconstituted semi-annually and rebalanced on a quarterly basis. The index's performance highlights indicate a 0.61% total return in the past year, as of 30 May 2025, and a 14.22% Compound Annual Growth Rate (CAGR) since its inception (1 April 2005). Key constituents of the index include Bharti Airtel (4.98% weightage), Bharat Electronics (4.87%), Larsen & Toubro (4.86%), UltraTech Cement (4.47%) and NTPC (4.28%). The new index is expected to act as a benchmark for asset managers and be a reference index tracked by passive funds in the form of Exchange Traded Funds (ETFs), index funds and structured products.
Yahoo
a day ago
- Business
- Yahoo
Kalkine Australia's The Funds Report: Ranking Australian Managed Funds and ETFs
SYDNEY, June 3, 2025 /PRNewswire/ -- Kalkine Australia recently launched its "The Funds Report", a research-driven publication that provides structured, objective rankings of Managed funds and exchange-traded funds (ETFs) listed on the Australian Securities Exchange (ASX). Developed by Kalkine's in-house research team, the report is designed to help subscribers better understand and compare fund performance through a consistent, data-driven framework. Kalkine's The Funds Report delivers objective ranking of Managed funds and ETFs based on a defined set of performance, risk, and cost metrics. This allows users to make informed decisions by reviewing how various funds stack up against each other across key indicators. Data-Driven Fund Ranking Based on Key Metrics The report evaluates and ranks funds based on several quantifiable performance measures, including but not limited to the metrics below: Alpha generation – Fund performance relative to benchmark indexes. Sharpe ratio – Risk-adjusted returns assessing reward per unit of risk. Three-year annualised returns – Historical performance over a meaningful timeframe. Total expense ratio – Cost efficiency over time. ASX listed Managed Funds or Exchange Traded Funds are grouped by thematic categories, enabling subscribers to easily identify and compare funds aligned with specific investment strategies or market sectors. This objective approach enhances transparency in fund evaluation. Comprehensive Insights to Navigate the Australian Fund Market Kalkine Australia's The Funds Report provides extensive analysis of Australian fund performance, helping users navigate the growing variety of options available on the ASX. Features include: Regular Updates on New and Sector-Specific Funds: Stay informed about recent listings and sector specific funds. Detailed Performance Breakdown: Analysis across equities, fixed income, and alternative asset classes. Risk and Return Profiles: Clear insights into risk-adjusted returns to support balanced investment information. Fund Comparison Tools: Side-by-side comparison covering historical returns, fees, asset allocation, and investment styles. Thematic Categorization: Organized by market themes and strategies to analyze diversified and trending investment areas. A Comparative Resource Kalkine Australia's The Funds Report is designed to assist both individual investors and financial professionals seeking a clear and structured way to compare ASX-listed funds. The report ranks the funds based on scores derived and offers valuable data and insights to complement comprehensive due diligence and research. About Kalkine Kalkine operates globally, providing an independent equity research services across Australia, the United States, the United Kingdom, Canada, India, and New Zealand. Kalkine Pty Ltd delivers technology-driven, timely financial research to its subscribers. Its unique engagement model ensures high-impact content and deeper insights, maintaining its position as a player in accessible financial research. For more information or to subscribe, visit: Vivek SamnotraKalkine Pty Ltd+61-(02) 90559490info@ View original content to download multimedia: SOURCE Kalkine Pty Ltd. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Kalkine Australia's The Funds Report: Ranking Australian Managed Funds and ETFs
SYDNEY, June 3, 2025 /PRNewswire/ -- Kalkine Australia recently launched its "The Funds Report", a research-driven publication that provides structured, objective rankings of Managed funds and exchange-traded funds (ETFs) listed on the Australian Securities Exchange (ASX). Developed by Kalkine's in-house research team, the report is designed to help subscribers better understand and compare fund performance through a consistent, data-driven framework. Kalkine's The Funds Report delivers objective ranking of Managed funds and ETFs based on a defined set of performance, risk, and cost metrics. This allows users to make informed decisions by reviewing how various funds stack up against each other across key indicators. Data-Driven Fund Ranking Based on Key Metrics The report evaluates and ranks funds based on several quantifiable performance measures, including but not limited to the metrics below: Alpha generation – Fund performance relative to benchmark indexes. Sharpe ratio – Risk-adjusted returns assessing reward per unit of risk. Three-year annualised returns – Historical performance over a meaningful timeframe. Total expense ratio – Cost efficiency over time. ASX listed Managed Funds or Exchange Traded Funds are grouped by thematic categories, enabling subscribers to easily identify and compare funds aligned with specific investment strategies or market sectors. This objective approach enhances transparency in fund evaluation. Comprehensive Insights to Navigate the Australian Fund Market Kalkine Australia's The Funds Report provides extensive analysis of Australian fund performance, helping users navigate the growing variety of options available on the ASX. Features include: Regular Updates on New and Sector-Specific Funds: Stay informed about recent listings and sector specific funds. Detailed Performance Breakdown: Analysis across equities, fixed income, and alternative asset classes. Risk and Return Profiles: Clear insights into risk-adjusted returns to support balanced investment information. Fund Comparison Tools: Side-by-side comparison covering historical returns, fees, asset allocation, and investment styles. Thematic Categorization: Organized by market themes and strategies to analyze diversified and trending investment areas. A Comparative Resource Kalkine Australia's The Funds Report is designed to assist both individual investors and financial professionals seeking a clear and structured way to compare ASX-listed funds. The report ranks the funds based on scores derived and offers valuable data and insights to complement comprehensive due diligence and research. About Kalkine Kalkine operates globally, providing an independent equity research services across Australia, the United States, the United Kingdom, Canada, India, and New Zealand. Kalkine Pty Ltd delivers technology-driven, timely financial research to its subscribers. Its unique engagement model ensures high-impact content and deeper insights, maintaining its position as a player in accessible financial research. For more information or to subscribe, visit: Vivek SamnotraKalkine Pty Ltd+61-(02) 90559490info@ View original content to download multimedia: SOURCE Kalkine Pty Ltd. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
2 days ago
- Business
- Hans India
Gold as investment asset
The recent surge in prices has renewed higher interest among the investors to allocate gold to their portfolios. This is partly driven by the geopolitical and macroeconomic policies of the countries, adding to the Fear of Missing Out (FOMO) amongst the investors. While it's true that the gold price has surged partly due to the geopolitical and macroeconomic factors, it's still not an outright winner. Unlike other investment assets, gold needs to be looked in a different perspective. Gold could be considered as a safe-heaven asset and investment asset. The safe heaven is more than psychological and deeply rooted in culture and history. The presence of gold as a continuity and contingency element in the household assets makes it safe heaven. Unlike other physical assets like real estate, there's no deterioration in its physical nature over long periods (where an open land is subjected to weather conditions, a constructed house could be dilapidated, etc.). The tangible nature and preservation of wealth that passed over generations adds glow to this metal. The investment case for gold however, is through financial assets with gold as an underlying - ETFs (Exchange Traded Funds), MFs (Mutual Funds), Equities of gold mining companies, etc. The outcome of this varies though primarily on the gold price, the macroeconomic factors also rule the prospects of mining companies. The investment case is also bolstered by the inflationary hedge tool (though conflicting evidence) and diversification. While clamor for gold is gaining, one needs to be objective amid the rhetoric. Particularly, the rupee value of gold price seemed attractive, it has come a cropper in the medium- to long- term. The YTD returns favor gold with an outperformance of approx 2 per cent over equities (broader index of NIFTY 50) the one-, three-, five-, ten through twenty years favor the equities. And the outperformance of equities is by a stark difference, of course, these data vary from point-to-point depending upon the cycle. It could've turned in favor of gold, at least in the medium term had we compared the data about two months back. While I'm not contesting the role of gold in the portfolio, the size of the allocation should be well thought through. Past data indicates the troughs in the equities were much better managed with an allocation to gold in the portfolio along with debt. A pure 60:40 equity-debt portfolio would've had much volatility than a small introduction of gold through the 70-25-5. Gold could act as a better diversifier due to its low correlation to other asset classes. It thus helps in the risk reduction and management. The unconventional monetary policies pursued by the central banks has brought focus over gold which is least malleable to their shenanigans. The fiscal imprudence, particularly by the developed economies has created a strong case for currency debasement where gold possibly could arrest the loss of value, making a strong rationale for allocation in the portfolios. So, before jumping into the bandwagon of adding up more gold, one must re-evaluate their understanding and requirement for such an allocation. The strategy to hedge against the geopolitical risks might favor gold in the short-term but it then needs a realignment as things start to settle. A larger proportion or overweight on gold could backfire as history shows lumpiness and inconsistent returns while equities have certainly delivered superior returns. A strategic allocation of up to 10 per cent of the portfolio depending on the investor risk profile, could help for better stability and diversification. Overall investors should re-look at why the allocation is being made at the first place and accordingly the sizing should be done. Exhibiting herd mentality would only lead to repenting later. (The author is a partner at 'Wealocity Analytics', a SEBI registered Research Analyst firm and could be reached at [email protected])
