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MVIS EM Aggregate Bond Index

The modified market cap-weighted index tracks the performance of emerging markets sovereign bonds and corporate bonds denominated in USD, EUR or local emerging markets currencies. To be included in the index bonds must be issued by an emerging markets sovereign or quasi-sovereign issuer or a corporate issuer whose primary country of risk is deemed to be an emerging market country. Derived from MVIS EM Aggregate Bond Index (MVEMAG) are four sub-indices. The index is a unique benchmark and the first index for emerging market debt that includes the four major categories of emerging markets bonds. MVEMAG has been licensed to underlie financial products with currently USD 15.57 million in assets under management.

Key Features

Amount Outstanding Sovereign bonds (USD&EUR): at least 500 mln USD.
Sovereign bonds (local FX): at least 1000 mln USD.
Corporate bonds and quasi-sovereign bonds (USD&EUR) and
Corporate bonds and quasi-sovereign bonds (local FX): at least 300 mln USD.
Maturity To be included in the index bonds must have a minimum of 24 months remaining to maturity.
Weighting Cap 3% per corporate bond issuer.
Review Monthly.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
  		1,643.79 1,643.79 --29.46%1,267.04 - 1,715.50
  		1,917.41 1,917.41 --35.37%1,419.48 - 1,945.20
  		1,286.07 1,286.07 --31.40%962.96 - 1,329.41
  		1,897.90 1,897.90 --29.98%1,465.92 - 1,983.10
  		1,330.81 1,330.81 --22.77%1,039.41 - 1,429.40

Timescale Slider

Symbol IndexName
MVEMAG MVIS EM Aggregate Bond Total Return Gross Index
MVEMCD MVIS EM Corporate Bond (USD&EUR) Total Return Gross Index
MVEMCL MVIS EM Corporate Bond (local FX) Total Return Gross Index
MVEMSD MVIS EM Sovereign Bond (USD&EUR) Total Return Gross Index
MVEMSL MVIS EM Sovereign Bond (Local FX) Total Return Gross Index
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