MV Index Solutions Announces Quarterly and Annual Index Review Results Q2/2017

FRANKFURT, Germany--()--MV Index Solutions GmbH (MVIS) today announced the results of the quarterly and annual MVIS index review. The following table shows a summary of the review results for selected indices, which are licensed to underlie financial products. All review results and more details can be found on www.mvis-indices.com. The following changes will be implemented on June 16, 2017 and will become effective on the next trading day.

     
Country/Regional Indices   Additions   Deletions   New Count
MVIS Australia Equal Weight Index   0   2   81
MVIS Australia Small-Cap Dividend Payers Index   4   4   95
MVIS Brazil Small-Cap Index   4   2   58
MVIS Egypt Index   2   2   25
MVIS GDP Africa Index   1   0   84
MVIS India Small-Cap Index   11   7   169
MVIS Indonesia Index   1   0   41
MVIS Poland Index   1   0   27
MVIS Russia Index   0   0   28
MVIS Russia Small-Cap Index   2   2   25
MVIS Vietnam Index   1   2   25
     

Hard Assets Indices

 

Additions

 

Deletions

 

New Count

MVIS Australia Resources Index (AUD)   0   0   25
MVIS Global Agribusiness Index   5   1   56
MVIS Global Coal Index   3   2   25
MVIS Global Junior Gold Miners Index   22   0   70
MVIS Global Oil Refiners Index   1   0   25
MVIS Global Rare Earth/Strategic Metals Index   1   1   20
MVIS Global Solar Energy Index   3   2   26
MVIS Global Unconventional Oil & Gas Index   0   0   47
MVIS Global Uranium & Nuclear Energy Index   1   1   25
     
Sector Indices   Additions   Deletions   New Count
MVIS Australia A-REITs Index   0   0   11
MVIS Australia Banks Index   0   0   7
MVIS Global Gaming Index   1   1   39
MVIS Global Mortgage REITs Index   1   1   25
MVIS US Business Development Companies Index   0   0   25
 

The high number of additions to the MVIS Global Junior Gold Miners Index is the result of a rules change to the index. According to the new index rules, eligibility for index inclusion was extended to companies ranking between 60% and 98% (previously 80% and 98%) of the full market capitalization. Consequently, more companies qualified for the index. Had the rebalancing been implemented on 7 June, the date when weighting cap factors were determined, the market capitalization of the largest index component would have increased from 2.05 billion to 3.24 billion USD. The weighted average market cap of the MVIS Global Junior Gold Miners Index would have been 1.86 billion USD.

A complete list of components and weights is available on www.mvis-indices.com. Index methodology, comprehensive index information as well as information about financial products based on MVIS Indices can also be found on our website. The next quarterly review results will be announced on September 8, 2017.

Note to Editors:

MVIS develops, monitors and licenses the MVIS Indices, a selection of focused, investable and diversified benchmark indices which are especially designed to underlie financial products. MVIS Indices cover several asset classes, including hard assets and international equity markets as well as fixed income markets. Approximately USD 13.3 billion in assets under management are currently invested in financial products based on MVIS Indices. MVIS is a VanEck company.

Contacts

MV Index Solutions
Bettina Hessler, +49 (0)69 4056 695 22
media-enquiries@mvis-indices.com

Contacts

MV Index Solutions
Bettina Hessler, +49 (0)69 4056 695 22
media-enquiries@mvis-indices.com