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 16.66 million in assets under management.

Country and Sectors Weightings

Country and Sector weightings are based on the weightings of all index components in a certain country or sector.

CountryComponentsWeight
United States1 0.01%
Bulgaria8 0.24%
Czechia29 1.73%
Hungary32 1.67%
Lithuania12 0.31%
Netherlands1 0.01%
Poland26 3.14%
Serbia9 0.29%
Turkey105 3.10%
United Kingdom1 -
Bahrain28 0.64%
Hong Kong165 2.87%
Indonesia159 7.05%
Israel60 3.57%
Jordan7 0.14%
South Korea1 0.01%
Malaysia114 4.89%
Pakistan8 0.16%
Philippines66 1.37%
Thailand109 4.45%
United Arab Emirates149 4.10%
Vietnam3 0.05%
Angola5 0.18%
Argentina33 0.38%
Belize1 -
Bolivia3 0.04%
Brazil175 7.95%
Chile107 2.78%
China867 4.34%
Colombia70 2.97%
Costa Rica9 0.16%
Ivory Coast8 0.20%
Dominican Republic18 0.84%
Ecuador4 0.25%
Egypt28 0.80%
El Salvador11 0.16%
Gabon3 0.05%
India134 2.24%
Mexico231 8.86%
Morocco12 0.30%
Nigeria29 0.89%
Panama29 0.83%
Russia129 5.54%
South Africa76 4.54%
Azerbaijan6 0.21%
Barbados1 0.01%
Belarus7 0.08%
Croatia16 0.57%
Georgia5 0.06%
Ghana18 0.36%
Guatemala11 0.18%
Honduras4 0.05%
Iraq2 0.06%
Jamaica9 0.24%
Kazakhstan21 0.65%
Kenya6 0.16%
Kuwait17 0.36%
Latvia8 0.23%
Mongolia6 0.09%
Namibia1 0.02%
Oman25 0.78%
Paraguay9 0.16%
Peru82 2.67%
Qatar47 1.81%
Romania54 2.21%
Saudi Arabia61 3.21%
Senegal4 0.09%
Sri Lanka14 0.25%
Tanzania1 0.02%
Tunisia3 0.05%
Ukraine29 0.70%
Uruguay9 0.39%
Zambia8 0.23%
Total3,559 100.00%
SectorComponentsWeight
Energy305 7.66%
Utilities245 3.74%
Financial1,061 12.31%
Consumer - Cyclical102 1.02%
Basic Materials233 4.38%
Consumer - Non-cyclical153 2.55%
Communications163 2.35%
Diversified33 0.44%
Technology5 0.05%
Industrial193 1.99%
Government1,066 63.51%
Total3,559 100.00%
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