Frankfurt (12 April 2017) – Effective 17 June 2017, with the Q2 Index Review, MV Index Solutions (MVIS) will amend the rules for its equity indices:
- Index components that no longer qualify for inclusion in MVIS Small-Cap Indices because of their size will not be automatically added to the corresponding standard index any more.
This rule change affects the following indices:
MVIS Australia Index (AUD) (MVAUS, MVAUSTR, MVAUSTRG)
MVIS Australia Uncapped Index (AUD) (MVAUSU, MVAUSUTR, MVAUSUTG)
MVIS Australia Equal Weight Index (AUD) (MVMVW, MVMVWTR, MVMVWTRG)
MVIS Brazil Index (MVBRA, MVBRATR)
MVIS India Index (MVIND, MVINDTR)
MVIS Russia Index (MVRSX, MVRSXTR)
- Companies ranking between 60% and 98% (currently: between 80% and 98%) of the full market capitalisation qualify for inclusion in the MVIS Global Junior Gold Miners Index (Ticker: MVGDXJ, MVGDXJTR). Existing components ranking between 55% and 60% (currently: between 75% and 80%) or 98% and 99% also qualify for the selection.
- Existing components of the MVIS Australia Index (AUD), the MVIS Uncapped Australia Index (AUD), and the MVIS Australia Equal Weight Index (AUD) between the 85th and 95th (currently: between 85th and 98th) percentiles of the float market capitalisation qualify for the index.
The amended Index Guide will be available on the MVIS website by 31 May 2017.