10.12.2009 13:34

Two new benchmarks on fast growing markets

Today 4asset-management launched the Market Vectors India Small Cap Index (MVSCIF) and the Market Vectors Kuwait Index (MVKUWT). The indices are designed to give investors exposure another two fast growing markets in Asia and the Middle East.

MVKUWT and MVSCIF are reviewed every quarter and track the performance of the most liquid companies that generate a significant portion of their revenues in India or Kuwait. It includes both local listings and offshore listings:

• Local listings are companies that are incorporated in the country and have their primary listing on the home market.

• Offshore listings are companies that generate at least 50% of their revenues in the country.

To ensure the index portfolio diversity, individual companies are capped quarterly at maximum weights of 8% in the index. Both indices are available as price and total return index.

The Market Vectors India Small Cap Index and the Market Vectors India Kuwait Index are calculated and maintained by Structured Solutions (S-Box) on behalf of 4asset-management GmbH.

Most popular