MVIS® Japan Index
The MVIS® Japan Index (MVJAP) tracks the performance of the largest and most liquid companies in Japan. The index is a modified market cap-weighted index, and it also includes non-local companies incorporated outside Japan that generate at least 50% of their revenue in Japan. MVJAP covers at least 50% of the investable universe.
Key Features
| 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. |
| Pure-Play |
Index includes non-local companies. |
| Diversification |
Company weightings are capped at 8%. |
| Review |
Quarterly. |
Timescale Slider
| Symbol |
IndexName |
| MVJAP |
MVIS® Japan Price Index |
| MVJAPTR |
MVIS® Japan Total Return Net Index |
