The index uses minimum size, liquidity and float requirements to limit its constituents to the 200 largest and most tradable Australian companies. The MSCI Australia 200 Index covers approximately 87% of the Australian equity universe market capitalization.

Index Methodology

The MSCI Australia 200 Index selects its constituents from the broad MSCI Australia Investable Market Index and excludes foreign companies listed on the Australia Stock Exchange. The index is reviewed on a quarterly basis in February, May, August and November. At each quarterly rebalancing, buffer rules apply to help maintain index stability and to minimize turnover. 

Note on the Country Classification of Securities

Each company in the MSCI equity universe is classified in one and only one country. For the vast majority of companies, the country classification is determined by two factors: the company’s country of incorporation and the location of its primary listing. For more details on Country Classification, please refer to the MSCI Global Investable Market Indices Methodology.