Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx Building America Infrastructure to Migdal Mutual Funds Ltd. The Index serves as the underlying benchmark for the MTF TR (4A) Indxx Building America Infrastructure Currency Hedged Index Fund (Ticker: 5141213), which began trading today in Israel.
The Indxx Building America Infrastructure Index is designed to track the performance of companies listed on US stock exchanges that contribute to the construction of civilian and governmental infrastructure in the United States. This index includes all supply chain-related companies within the infrastructure industry and may benefit from government decisions.
Read More on Fintech : Global Fintech Interview with Mike Lynch, Principal, AI Strategy and Finance Transformation for Auditoria
Rahul Sen Sharma, President and Co-CEO at Indxx said, “The U.S. infrastructure industry has witnessed remarkable growth, with the market size surpassing $2.1 trillion in 2024 and projected to grow at a CAGR of 6.5% through 2028. Significant federal funding under the Infrastructure Investment and Jobs Act, along with private sector contributions, is driving expansion across transportation, energy, and construction sectors. This surge reflects a robust economic shift where infrastructure is no longer just support but a key growth engine for the American economy.”
Vaibhav Agarwal, Chief Product Officer at Indxx added, “The boom in America’s infrastructure sector is more than a response to aging roads and bridges—it’s about building for the future. With large-scale investments reshaping transportation networks, renewable energy grids, and smart city projects, the industry is evolving into a cornerstone of national growth. The momentum we see today signals a new era where infrastructure development fuels innovation, sustainability, and long-term economic resilience.”
Catch more Fintech Insights : The Disappearing Payment: How Embedded Finance Is Quietly Reshaping B2B Transactions?
[To share your insights with us, please write to psen@itechseries.com ]
