FRANKFURT, Germany (July 7, 2023) – MarketVector IndexesTM ("MarketVector") announces the following rule change for the MarketVectorTM Japan Quality Tilt ESG Index (MVJPNQ), effective with the implementation of the semi-annual review in December 2023:
Current rule | Updated rule |
On-going, a 475-525 buffer is applied: The highest ranked 475 companies qualify. The remaining 25 companies are selected from the highest-ranked remaining current index components ranked between 476 and 525. If the number of selected companies is still below 500, then the highest-ranked remaining stocks are selected until 500 companies are selected. | On-going, a 450-550 buffer is applied: The highest ranked 450 companies qualify. The remaining 50 companies are selected from the highest-ranked remaining current index components ranked between 451 and 550. If the number of selected companies is still below 500, then the highest-ranked remaining stocks are selected until 500 companies are selected. |
The amended Index Guide will be available for download at https://marketvector.com/index-guides.
Kind Regards,
MarketVector IndexesTM