MSCI BIC Equal Weighted Index

The MSCI BIC Equal Weighted Index represents an alternative weighting scheme to its market cap weighted parent index, the MSCI BIC Index. The index includes the same constituents as its parent (large and mid cap securities from Brazil, India, and China). However, at each quarterly rebalance date, all index constituents are weighted equally, effectively removing the influence of each constituent's current price. Between rebalances, index constituent weightings fluctuate due to price performance.