MVIS EM Corporate Bond (USD&EUR) Index

The MVIS EM Corporate Bond (USD&EUR) Index (MVEMCD) tracks the performance of Emerging Markets corporate bonds denominated in USD or EUR. MVEMCD is a modified market cap-weighted index, and is derived from the MVIS EM Aggregate Bond Index (MVEMAG), which 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 MVEMAG index, bonds must be issued by either an emerging markets sovereign, a quasi-sovereign issuer, or a corporate issuer whose primary country of risk is deemed to be an emerging market country.

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 0.03%
Bulgaria2 0.12%
Czechia15 0.81%
Hungary3 0.19%
Netherlands1 0.03%
Poland6 0.31%
Turkey55 2.59%
United Kingdom1 0.01%
Bahrain12 0.73%
Hong Kong167 7.92%
Indonesia77 4.66%
Israel29 2.55%
Jordan1 0.04%
South Korea1 0.02%
Malaysia28 2.46%
Pakistan1 0.04%
Philippines44 1.70%
Thailand34 1.56%
United Arab Emirates115 7.88%
Vietnam1 0.06%
Argentina29 0.94%
Brazil147 9.90%
Chile83 4.36%
China841 10.48%
Colombia38 2.38%
Costa Rica2 0.06%
Dominican Republic2 0.05%
El Salvador2 0.05%
India128 5.88%
Mexico166 10.06%
Morocco5 0.29%
Nigeria6 0.27%
Panama15 0.77%
Russia83 5.21%
South Africa37 1.97%
Azerbaijan4 0.43%
Belarus1 0.03%
Croatia1 0.05%
Georgia4 0.13%
Ghana3 0.14%
Guatemala5 0.21%
Honduras1 0.03%
Jamaica6 0.32%
Kazakhstan13 1.10%
Kuwait17 0.77%
Mongolia1 0.03%
Oman9 0.47%
Paraguay3 0.10%
Peru46 2.43%
Qatar33 1.88%
Romania8 0.38%
Saudi Arabia37 3.95%
Tanzania1 0.06%
Ukraine13 0.54%
Uruguay1 0.04%
Zambia5 0.53%
Total2,390 100.00%
SectorComponentsWeight
Energy295 21.68%
Financial1,030 33.28%
Consumer - Cyclical90 2.77%
Basic Materials226 12.01%
Consumer - Non-cyclical140 6.98%
Communications156 6.30%
Diversified26 1.15%
Technology5 0.15%
Industrial178 5.20%
Government7 0.41%
Total2,153 89.94%
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