MVIS® Thailand Index

The MVIS® Thailand Index (MVTHA) tracks the performance of the largest and most liquid companies incorporated in Thailand. The index also includes non-local companies incorporated outside Thailand that generate at least 50% of their revenues in Thailand. MVTHA covers at least 90% of the investable universe.

Country Weightings

The white area of the table shows the number of companies incorporated in a certain country and the country's weight in the index.
Countries marked with (*) are the home of non-local companies. Non-local companies are companies, incorporated in these countries, that generate at least 50% of their revenues in the index target.

The number of non-local companies is declared in column «non-local». The count of components and weights in the grey area is achieved by reassigning the non-local companies to the country or region covered by the index.

CountryComponentsWeightNon-localComponentsWeight
Japan (*)1 0.38%---
Thailand101 98.43%3 104 100.00%
Cayman Islands (*)2 1.19%---
Total104 100.00%3 104 100.00%

Sector Weightings

The weighting of a certain sector in an index is based on the weightings of the index components allocated to this sector. The table below displays the number of index components by sectors.
The columns coloured in grey represent hypothetical values assuming that the index would not include non-local companies.

SectorComponentsWeightComponentsWeightDifferenceDifference %
Energy6 10.43%6 10.59%0 -0.17%
Materials7 7.39%6 7.12%1 0.27%
Industrials11 7.60%11 7.72%0 -0.12%
Consumer Discretionary 11 8.40%11 8.53%0 -0.13%
Consumer Staples9 11.48%9 11.66%0 -0.18%
Health Care7 7.16%7 7.28%0 -0.11%
Financials17 18.52%17 18.82%0 -0.30%
Information Technology7 6.31%5 5.20%2 1.11%
Communication Services5 5.64%5 5.73%0 -0.09%
Utilities9 7.93%9 8.06%0 -0.13%
Unclassified4 2.75%4 2.79%0 -0.04%
Real Estate11 6.39%11 6.50%0 -0.10%
Total104 100.00%101 100.00%

Size Weightings

  • Large-Cap: companies with a market capitalisation above 6,000 mln USD
  • Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln USD
  • Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln USD
  • Micro-Cap: companies with a market capitalisation up to 200 mln USD
SizeMarket CapComponentsWeight
Large-Cap254,317,040,000 USD21 57.11%
Mid-Cap131,552,365,900 USD43 32.68%
Small-Cap36,181,257,260 USD40 10.21%
Micro-Cap---
Total422,050,663,160 USD104 100.00%
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