ETFCentral
Sygnia Itrix 4th Industrial Revolution
Summary
Issuer
Sygnia
Short Code
SYG4IR
Launch Date
6 December 2017
Index Tracked
KNEXP
Exposure
Local/Offshore
Offshore
Asset Class
Equity
Cost
TER
0.61%
Smart Beta
Smart Beta
Yes
Smart Beta Type
Alternative Index Construction
Dividends
Distribution Dates
Jan, Jul
Last Dividend Payout
27 January 2020
Next Dividend Payout
TBC
Detailed Description
The Kensho® New Economies Composite℠ Index (KNEX) comprehensively captures the 21st Century Sectors that are propelling the Fourth Industrial Revolution and fostering new industries that will transform every facet of our lives. The Composite Index utilizes a proprietary quantitative weighting algorithm to track the individual Kensho New Economy Subsector Indices in their lifecycle from nascent industries all the way through to maturity. It strikes a unique balance between mainstream and cutting-edge companies as they shift their strategic focus to the 21st Century Sector technologies driving the rise of the New Economy. Only those companies with a market capitalization of $100mm and a 3 month average daily traded value (ADTV) of $1mm as of the most recent index selection date are eligible to be included in the index.