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 14.99 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 0.02%
Bulgaria8 0.26%
Czechia24 1.30%
Hungary22 1.58%
Lithuania12 0.33%
Luxembourg2 0.04%
Netherlands2 0.08%
Poland27 3.40%
Serbia5 0.17%
Turkey114 3.80%
Bahrain18 0.52%
Hong Kong147 3.08%
Indonesia125 6.77%
Israel43 2.96%
Jordan3 0.08%
Malaysia117 4.81%
Pakistan5 0.13%
Philippines42 1.27%
Thailand52 4.53%
United Arab Emirates109 3.33%
Vietnam2 0.04%
Angola3 0.14%
Argentina45 0.64%
Belize1 0.01%
Bolivia3 0.05%
Brazil167 8.24%
Chile88 2.87%
China684 4.00%
Colombia57 3.47%
Costa Rica10 0.17%
Ivory Coast7 0.18%
Dominican Republic14 0.43%
Ecuador9 0.44%
Egypt19 0.71%
El Salvador9 0.16%
Gabon2 0.05%
India110 2.33%
Mexico208 9.39%
Morocco7 0.24%
Nigeria26 0.89%
Panama23 0.68%
Russia137 6.25%
South Africa77 4.29%
Azerbaijan6 0.25%
Barbados1 0.01%
Belarus5 0.08%
Croatia12 0.52%
Georgia5 0.07%
Ghana12 0.32%
Guatemala11 0.19%
Honduras3 0.05%
Iraq2 0.09%
Jamaica9 0.23%
Kazakhstan22 0.74%
Kenya5 0.16%
Kuwait14 0.49%
Latvia9 0.24%
Lebanon22 0.49%
Mongolia7 0.12%
Namibia2 0.03%
Oman20 0.67%
Paraguay7 0.12%
Peru64 2.61%
Qatar40 1.88%
Romania39 1.80%
Saudi Arabia34 2.69%
Senegal4 0.09%
Sri Lanka14 0.38%
Tunisia5 0.10%
Ukraine26 0.76%
Uruguay12 0.46%
Zambia9 0.23%
Total3,007 100.00%
SectorComponentsWeight
Energy284 8.32%
Utilities218 4.17%
Financial901 12.95%
Consumer - Cyclical79 1.05%
Basic Materials204 4.32%
Consumer - Non-cyclical117 2.43%
Communications122 2.38%
Diversified32 0.62%
Technology9 0.06%
Industrial149 1.98%
Government892 61.72%
Total3,007 100.00%
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