WEARABLES INDEX CRITERIA - EQM Indexes
WEARABLES INDEX CRITERIA 2017-09-23T16:03:05+00:00

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WEARABLES INDEX CRITERIA

CONSTITUENT ELIGIBILITY REQUIREMENTS

In order to be eligible for inclusion in the index, companies must meet the following conditions:

  • Derives revenue from the sale of wearable technology devices for applications such as: Sports and Fitness, Industrial/Military, Infotainment/Lifestyle, and/or Healthcare and Medical OR derives revenue from the manufacturing of components used in wearable devices such as semiconductors, sensors, and displays.
  • In order to be considered for inclusion in the Core Wearable investment pool, significant revenues (as defined by EQM Indexes, the Index Provider) should be derived from the sale of wearable devices.
  • Companies deriving only minimal revenue (as defined by EQM Indexes, the Index Provider) from the sale of wearable devices and/or who are primarily engaged in the manufacture of wearable components such as semiconductors, sensors, or displays will be considered for inclusion in the Non-Core Wearable investment pool.
  • Listing on a regulated stock exchange in the form of shares tradable for foreign investors without restrictions.
  • Market capitalization of at least 300 million USD.
  • Minimum price at time of purchase of $5 per share USD.
  • Average daily traded value of at least 2,000,000 USD over the last six months.
  • Adequate constituent liquidity and accessibility for an exchange listed product as determined by the Index Provider, EQM Indexes.
  • Non-US companies will be U.S. exchange traded ADR versions if available, assuming they meet liquidity requirements, otherwise local shares will be utilized that meet the listing requirements and satisfy the continuing analysis of liquidity.
  • No local shares, only ADRs, will be held for companies domiciled in Emerging Market countries or those listed on small regional exchanges.