MONGOLIAN STOCK EXCHANGE BEGINS CALCULATING THE FIRST FTI INDEX TARGETING INTERNATIONAL MARKETS
🇲🇳 The Mongolian Stock Exchange, in cooperation with “BGM Asset Management,” has officially begun calculating the FTI /Future Tech Innovation/ Index, the first index targeting international markets.
✅ This index is designed to consolidate and reflect the performance of ETFs, which are investment products traded on an exchange as a single basket of multiple assets, covering technology, artificial intelligence, copper, energy, and the top 500 companies in the United States.
➡️ FTI Index composition:
▫️ 50% — Technology and AI sector ETFs
▫️ 10% — Copper sector /COPX ETF/
▫️ 10% — Energy sector ETFs
▫️ 30% — ETFs tracking the top 500 companies in the United States
➡️ The index will be officially calculated by the Mongolian Stock Exchange, with the portfolio to be updated annually and rebalanced semi-annually.
✅ The introduction of the FTI Index creates an opportunity to develop new types of investment products in the domestic capital market based on international technology, innovation, energy, and commodity sectors.
✅ The emergence of new products and indices in the capital market targeting international markets is an important step toward expanding long term investment channels and new financing opportunities in Mongolia.
🇲🇳✅ In this context, UBIM is working to align Ulaanbaatar’s major development projects and programs with capital market instruments, investment funds, and public private partnership financing solutions.
📌 The FTI Index is an indicator that consolidates and measures the performance of ETFs covering technology, artificial intelligence, copper, energy, and major U.S. com