MVIS® Global Unconventional Oil & Gas Index
The MVIS Global Unconventional Oil & Gas Index (MVFRAK) tracks the performance of the largest and most liquid companies in the unconventional oil and gas industry. This is a modified market cap-weighted index, and only includes companies that generate at least 50% of their revenues from unconventional oil and gas, which is defined as coal bed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil, and tight sands. MVFRAK covers at least 90% of the investable universe.
|Size and Liquidity Requirements
||Full MCap of at least 150 mln USD.
Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews.
At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
||Companies have to generate at least 50% revenues from unconventional oil & gas.
||Company weightings are capped at 8%.
||MVIS® Global Unconventional Oil & Gas Price Index
||MVIS® Global Unconventional Oil & Gas Total Return Net Index