MVIS® Brazil Index
The MVIS Brazil Index (MVBRA) tracks the performance of the largest and most liquid companies in Brazil. This is a modified market cap-weighted index, and it also includes non-local companies incorporated outside Brazil that generate at least 50% of their revenue in Brazil. MVBRA covers at least 90% of the investable universe.
Key Features
| Size and Liquidity Requirements |
Full MCap of at least 150 mln USD.
Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews.
At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews. |
| Pure-Play |
Includes non-local companies with at least 50% revenues in Brazil. |
| Diversification |
Company weightings are capped at 8%. |
| Review |
Quarterly. |
Timescale Slider
| Symbol |
IndexName |
| MVBRA |
MVIS® Brazil Price Index |
| MVBRATR |
MVIS® Brazil Total Return Net Index |
