MSCI Emerging Markets Indices
In 1988, MSCI launched the first comprehensive emerging markets index. Since then, emerging markets have become an important and integrated part of a global equity portfolio allocation. In 1988, there were just 10 countries in the MSCI Emerging Markets Index, representing less than 1% of world market cap. Today the MSCI Emerging Markets Index covers over 800 securities across 21 markets and represents approximately 11%1 of world market cap.
In 2007, MSCI added small cap coverage of the Emerging Markets bringing the total number of securities covered in the MSCI Emerging Markets Investable Market Index (large + mid + small cap) to over 2,600. Numerous ETFs based on the MSCI Emerging Markets Index have been launched and are listed on major stock exchanges around the world.
MSCI regularly reviews the market classification of all countries included (or under consideration for inclusion) in its global equity universe based on extensive discussions with the investment community. Using the MSCI Market Classification Framework, MSCI examines each country’s economic development, size, liquidity and market accessibility in order to be classified in a given investment universe. Each June, MSCI communicates its conclusions on the list of countries under review and announces the new list of countries, if any, under review for potential market reclassification in the upcoming cycle.
Current Country Coverage
Coinciding with the May 2014 Semi Annual Index Review, Qatar and the United Arab Emirates will be reclassified as Emerging Markets from Frontier Markets.
MSCI EM Beyond BRIC Index
The MSCI EM Beyond BRIC Index is designed to provide a broad measure of the performance of emerging market equities outside of the BRIC markets - Brazil, Russia, India and China. In addition, to provide greater country diversification, the weight of each single country is capped on a quarterly basis at 15%.
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MSCI China Indices
The MSCI China Indices target both international and domestic clients in the China market, including Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional Investors (QFII) licensees. Find out more.
MSCI All Colombia and All Peru Indices
The MSCI All Colombia Indices aim to represent the opportunity set of listed companies in the broad Colombia equity universe. Similarly, the MSCI All Peru Indices seek to capture the opportunity set of companies in the broad Peru equity universe
1 Source: MSCI Research, as of October 2013