MarketVector™ Brazil Domestic Exposure (BRL) Index
MVBRDE
MarketVector™ Brazil Domestic Exposure (BRL) Index
The MarketVector™ Brazil Domestic Exposure index provides targeted exposure to Brazilian companies that derive a majority of their revenue from within Brazil. The index components are weighted by float-adjusted market capitalization with a tilt toward those with greater domestic revenue exposure.
Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 5.0 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.
Pure-Play
Index includes non-local companies.
Diversification
Company weightings are capped at 8% with fundamental factors blend.
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.
Country
Components
Weight
Non-Local
Components
Weight
Brazil
94
85.25%
-
94
85.25%
United States
1
8.62%
-
1
8.62%
Cayman Islands
1
6.12%
-
1
6.12%
Total
96
100.00%
-
96
100.00%
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.
Sector
Components
Weight
Components
Weight
Difference
Difference %
Industrials
13
8.52%
13
8.52%
0
0.00%
Consumer Staples
6
4.91%
6
4.91%
0
0.00%
Financials
15
31.66%
15
31.66%
0
0.00%
Health Care
6
3.95%
6
3.95%
0
0.00%
Communication Services
3
2.46%
3
2.46%
0
0.00%
Materials
4
2.12%
4
2.12%
0
0.00%
Consumer Discretionary
20
17.91%
20
17.91%
0
0.00%
Utilities
16
12.65%
16
12.65%
0
0.00%
Energy
6
12.51%
6
12.51%
0
0.00%
Real Estate
4
1.93%
4
1.93%
0
0.00%
Information Technology
3
1.39%
3
1.39%
0
0.00%
Total
96
100.00%
96
100.00%
Large-Cap: companies with a market capitalisation above 6,000 mln
BRL
Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln
BRL
Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln
BRL
Micro-Cap: companies with a market capitalisation up to 200 mln
BRL
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