Cathay Securities Investment Trust Selects ICE FactSet Global Top 50 Brands Index for New ETF
Intercontinental Exchange Inc. (ICE)
Last intercontinental exchange inc. earnings: 4/30 07:30 am
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Source: Business Wire
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Cathay Securities Investment Trust (“Cathay SITE”) has selected the ICE FactSet® Global Top 50 Brands Index for a newly launched ETF.The ICE FactSet Global Top 50 Brands Index (ICFSTBR) is a modified, float-adjusted market capitalization-weighted equity benchmark designed to track the performance of companies that are characterized as having globally recognizable and strong consumer branding, based on the metrics set forth in the index methodology. The Cathay Global Top 50 Brands ETF (Ticker: 00916) uses ICE’s index as its benchmark and is expected to list on the Taiwan Stock Exchange on September 26, 2022.“Cathay SITE has a dynamic portfolio of thematic funds, and we’re pleased to have them list a new ETF benchmarked to an ICE index,” said Magnus Cattan, Head of ICE Fixed Income and Data Services in APAC. “
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