Pure-Play

In today's globalised economies, company revenues and assets are no longer primarily derived from the country of origin (where a company is incorporated) or from just one business sector. The unique marketVector IndexesTM pure-play concept reflects this development and responds to changing economic landscapes. It also opens up markets that are traditionally difficult to access.

Pure-Play Exposure on a Country or Regional Level

Local exposure is expanded to include non-local companies that generate at least 50% of their revenues (or, where applicable, assets) in the target country or region.

Pure-Play Exposure on a Sector Level

To achieve pure sector exposure, companies included in a MarketVectorTM sector index must generate at least 50% of their revenues (or, where applicable, assets) from the target sector.

Pure-Play Selection Criteria

(example values based on previous index reviews)

Country
CompanyFresnillo plc
IncorporatedUnited Kingdom
Total Revenues in 2017USD 2,093,308,000
Revenues in index countryUSD 2,093,308,000
% of Total Revenues100%
Sector
CompanyAurizon Holdings Ltd.
IncorporatedAustralia
Total Revenues in 2018USD 2,413,100,000
Revenues in index sectorUSD 1,400,600,000
% of Total Revenues58%

The table above illustrates an example of the pure-play concept applied on a country and sector level, i.e. for the MVIS® Mexico Index (Fresnillo plc) and the MVIS® Global Coal Index (Aurizon Holdings Ltd.).

Fresnillo plc as a non-local component meets the pure-play requirements as well as all other selection as defined in the MVIS® Global Equity Index Guide, and is selected for the MVIS® Mexico Index.

Aurizon Holdings Ltd. also fulfills the pure-play rule and all other rules in the index selection process and is selected for the MVIS® Global Coal Index.

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