Special notice related to current global market conditions
Due to the extraordinary circumstances associated with current global market volatility as well as liquidity concerns related to market-wide exchange halts and closures, 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 in March 2020. All indexes that are licensed and used as a reference for investment products, and that are scheduled for March reconstitution, will have their associated changes postponed until further notice.
Prime Indexes will continue to monitor these developments in global markets and provide further guidance on the timing of postponed scheduled reconstitution processes for its indexes.
Prime Indexes creates financial indexes that solve problems for both professional and self-directed investors. Our index designs focus on emerging trends in the exchange-traded fund (ETF) industry, and our founders have participated in the creation and launch of over a hundred financial products and indexes across all major asset classes. Prime Indexes are used as the basis for innovative new investment solutions for investors, and use intuitive design principles so that new investment products can ultimately provide low-cost, efficient, and convenient access.
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.