Special notice related to current global market conditions
Due to the ongoing circumstances associated with current global market volatility and liquidity concerns, and in alignment with index provider peers, Prime Indexes (and their parent company Level ETF Ventures) and associated index committees have made special decisions regarding indexes that are scheduled for reconstitution through May 2020. All indexes that are licensed and used as a reference for investment products, and that are scheduled for reconstitution through May, will have their associated changes postponed.
Prime Indexes will continue to monitor these developments in global markets and provide further guidance on the timing of subsequent reconstitution processes for its indexes, including planned June reconstitutions.
The Dan Ives Global Cloud Technology Prime Index measures the performance of companies that are engaged in cloud focused business, including either those that provide infrastructure, equipment, connectivity, data back-up and storage services, and data center management for enterprise-based software applications, or those that provide cloud-based software platforms that enable businesses to move data and software applications on the cloud, also known as cloud enablsing Software as a Service (SaaS) technologies.
The Prime Alternative Harvest Index has been created to provide investors with a product that enables them to take advantage of both event-driven news and long-term trends in the cannabis industry as well as the industries likely to be influenced by the medicinal and recreational cannabis legalization initiatives taking place in many locations globally.
The Prime Equity Closed End Fund index seeks to select US equity-focused closed end funds with an optimal combination of high distribution rate, high discount, low expense ratio, and high liquidity using the Prime ScoreTM methodology. The top twenty-five highest scoring closed end funds are selected for the index portfolio.
Prime Indexes is a financial research publisher, with a focus on emerging technologies and industries that are undercovered by primary research providers. Technology has changed the world for the better, but its indelible mark has also resulted in thousands of options for both professional and self-directed investors. Greater choice is a healthy sign of competition. Nevertheless, the rate of innovation can sometimes cause information overload, potentially resulting in decision paralysis, especially for an investor seeking exposure to new industries.
Prime Indexes publishes financial information that is based on the principles of intuitive criteria; common sense factors to help narrow down the available choices. Our indexes can help investors of all types by identifying and screening companies in emerging industries. The end result is intuitive information we can all understand.