The AMIDEX35™ Index Fundamentals
Name: The AMIDEX35 Index
Description: The AMIDEX35 Index is an equity benchmark for Israeli companies traded on the Tel Aviv Stock Exchange (TASE) and on Wall Street.
Rationale: The primary Israeli benchmarks, the TA25 and the TA100, are calculated and published by the Tel Aviv Stock Exchange, and focus only on the stocks of Israeli companies traded in Israel. These existing benchmarks therefore fail to capture the impact of the billions of dollars currently invested in other Israeli companies traded in the U.S.
Background: The Index accommodates two different time zones, currencies, trading rules, price measuring methods and tax systems. The Index-participating companies represent about 60% of the value of all publicly traded Israeli companies in a broad array of sectors, from banking to high-tech, from retail to pharmaceuticals, from telecommunications to chemicals.
Methodology: The AMIDEX35™ is a market capitalization weighted index, consisting of the 35 highest capitalized Israeli companies publicly traded on the TASE, NASDAQ, or NYSE. The Adviser calculates and publishes the AMIDEX35™ Index.Indexes are not investment products available for purchase. Check back to this site often for updates about investment products based on TNI's indexes.
AMIDEX In The News
This is your source for the latest news about AMIDEX35™ Israel Mutual Fund. Please check back often for updates.
TIP SHEET: AMIDEX35 Gives Everyday Investor A Share Of Israel
DOW JONES NEWSWIRES , April 29, 2010
20 Index Fund Winners and Losers
SmartMoney, June 26, 2009
Top Health Equity Funds
Zacks.com , June 11, 2009
At the UN, hypocrisy reigns, Israeli ambassador charges
The Jewish Standard, March 20, 2009