The MSCI Frontier Markets 100 Index is a tradable proxy for its broader parent index, the MSCI Frontier Markets Investable Market Index (IMI).

Designed for those facing various obstacles in replicating broader frontier markets indexes, the MSCI Frontier Markets 100 Index puts a strong emphasis on tradability through four main features:

  • A minimum liquidity level1 is required for stocks to be included in the index
  • Only stocks exhibiting sufficient foreign room2 are eligible for inclusion
  • A higher minimum free float-adjusted market capitalization requirement is applied compared to the Parent Index
  • The number of constituents is allowed to fluctuate between 85 and 115 at the time of an index review

In addition, a country cap is applied in the MSCI Frontier Markets 100 Index in order to avoid excessive country concentration.

MSCI Frontier Markets 100 Index Real Time Tickers

 PriceGrossNet
BloombergMXFM100M2FM100M1FM100
Reuters RIC.MXFM100.MXFM100G.MXFM100N

 

1 Measured by the 12-month Annualized Traded Value Ratio (AVTR)
2 Foreign room is defined as the proportion of shares still available to foreign investors relative to the maximum allowed