James McDonald, CEO & CIO of Index Strategy Advisors, Inc. to add substantial investment in Israel

By | July 15th, 2013 07:07 PM EST | posted in 10 Fastest Growing Economies, CIO Letters, Conservative Strategy Insights, Custom Strategy Insights, Developed Markets, Emerging Markets, Global Sectors, Growth Strategy Insights, Middle East, Press Releases, Spotlight

HOUSTON, TX (July 15, 2013)

James McDonald, the Chief Executive Officer and Chief Investment Officer of Index Strategy Advisors, has added a 5% portfolio allocation into the Market Vectors Israel (ISRA: NYSE Arca) ETF. The ISRA ETF tracks the BlueStar Israel Global Index (“BIGI”), a benchmark created by Steven Schoenfeld, the Founder of BlueStar Global Investors and Chief Investment Officer of BlueStar Indexes.

Steven Schoenfeld, is founder and Chief Investment Officer of BlueStar Global Investors.  Blue Star has developed the BlueStar Israel Global Index (“BIGI”), the benchmark index that the Market Vectors ETF ISRA is designed to track.  Prior to BlueStar, Schoenfeld was Chief Investment Officer of Global Quantitative Management at Northern Trust, a founder at IndexUniverse.com, and Managing Director at Barlclays Global Investors.  Schoenfeld was Editor of the book “ Active Index Investing - Maximizing Portfolio Performance and Minimizing Risk through Global Index Strategies” (Wiley Finance, 2004).

Steven Schoenfeld, is Founder and Chief Investment Officer of BlueStar Global Investors. Blue Star has developed the BlueStar Israel Global Index (“BIGI”), the benchmark index that the Market Vectors ETF ISRA is designed to track. Prior to BlueStar, Schoenfeld was Chief Investment Officer of Global Quantitative Management at Northern Trust, a founder at IndexUniverse.com, and Managing Director at Barlclays Global Investors. Schoenfeld edited the book “ Active Index Investing – Maximizing Portfolio Performance and Minimizing Risk through Global Index Strategies” (Wiley Finance, 2004).

According to McDonald the fund “represents an attractive international investment opportunity in that Israel, while classified as a developed market economy by world standards, has many of the growth characteristics of an emerging market as well. The broad investment mandate of the fund’s underlying rules- based index offers investors access to a diversified portfolio of world-class firms that are leaders in their industries and are a part of investors’ daily lives.” He is cognizant of the unique risks to investing in a single country in a volatile part of the world, but is confident in and comfortable with the depth and breadth of Steven and his team’s investment knowledge of and experience in this marketplace.

“We are very pleased that James and the Index Strategy Advisors team have recognized the investment potential of Israel’s economy and the global footprint of Israel’s leading companies that are constituents of the BlueStar Israel Global Index.  We are confident that the broad, deep and complete characteristics of the BIGI benchmark will provide ISA’s clients with the most efficient exposure to Israel’s dynamic economy,” stated Steven Schoenfeld of BlueStar Indexes.  “I am also thrilled to see how ISA’s sophisticated application of the principles of Active Indexing, which I developed in my book Active Index Investing are being applied for the benefit of their clients, and in the case of international equity exposure has led to the allocation to Israeli Global Equities,” he added.

For more information regarding the Market Vectors Israel ETF, including its investment methodology, underlying index, investment and risk considerations and costs, please call 888.MKT.VCTR or go on-line at www.marketvectorsetf.com/isra.   For more information about the BlueStar Israel Global Index, visit  www.BlueStarIndexes.com

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Sources: Index Strategy Advisors, Inc.. This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of its stamped publication date, and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by Index Strategy Advisors to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. Past performance is no guarantee of future results. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. Investment involves risks. International investing involves additional risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. The two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to make principal and interest payments. Index performance is shown for illustrative purposes only. You cannot invest directly in an index.