MVIS Indonesia Index

The MVIS Indonesia Index (MVIDX) tracks the performance of the largest and most liquid companies in Indonesia. The index is a modified market cap-weighted index, and it also includes non-local companies incorporated outside Indonesia that generate at least 50% of their revenue in Indonesia. MVIDX covers at least 90% of the investable universe.

Country Weightings

The white area of the table shows the number of companies incorporated in a certain country and the country's weight in the index.
Countries marked with (*) are the home of non-local companies. Non-local companies are companies, incorporated in these countries, that generate at least 50% of their revenues in the index target.

The number of non-local companies is declared in column «non-local». The count of components and weights in the grey area is achieved by reassigning the non-local companies to the country or region covered by the index.

CountryComponentsWeightNon-localComponentsWeight
Australia (*)1 1.41%---
Indonesia45 94.17%5 50 100.00%
Singapore (*)1 1.56%---
Thailand (*)1 1.55%---
Mauritius (*)1 0.61%---
Bermuda (*)1 0.70%---
Total50 100.00%5 50 100.00%

Sector Weightings

The weighting of a certain sector in an index is based on the weightings of the index components allocated to this sector. The table below displays the number of index components by sectors.
The columns coloured in grey represent hypothetical values assuming that the index would not include non-local companies.

SectorComponentsWeightComponentsWeightDifferenceDifference %
Energy4 6.82%3 5.59%1 1.23%
Materials10 15.20%9 14.65%1 0.55%
Industrials2 1.27%2 1.35%0 -0.08%
Consumer Discretionary 3 8.12%2 6.96%1 1.16%
Consumer Staples8 11.21%6 10.52%2 0.69%
Health Care2 3.24%2 3.44%0 -0.20%
Financials7 33.61%7 35.69%0 -2.08%
Communication Services8 16.62%8 17.64%0 -1.03%
Utilities1 1.11%1 1.18%0 -0.07%
Real Estate5 2.80%5 2.98%0 -0.17%
Total50 100.00%45 100.00%

Size Weightings

  • Large-Cap: companies with a market capitalisation above 6,000 mln USD
  • Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln USD
  • Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln USD
  • Micro-Cap: companies with a market capitalisation up to 200 mln USD
SizeMarket CapComponentsWeight
Large-Cap246,573,520,000 USD13 57.75%
Mid-Cap99,095,580,000 USD31 38.97%
Small-Cap6,874,898,660 USD6 3.28%
Micro-Cap---
Total352,543,998,660 USD50 100.00%
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