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 15.11 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 0.25%
Czechia28 1.35%
Hungary21 1.48%
Lithuania12 0.30%
Luxembourg2 0.04%
Netherlands2 0.07%
Poland25 3.26%
Serbia5 0.19%
Turkey115 3.95%
Bahrain21 0.58%
Hong Kong160 3.12%
Indonesia136 6.90%
Israel45 3.05%
Jordan3 0.08%
Malaysia118 4.73%
Pakistan5 0.13%
Philippines46 1.24%
Thailand55 4.26%
United Arab Emirates119 3.55%
Vietnam3 0.06%
Angola3 0.13%
Argentina45 0.62%
Belize1 0.01%
Bolivia3 0.05%
Brazil175 8.59%
Chile91 2.66%
China752 3.99%
Colombia57 3.31%
Costa Rica11 0.20%
Ivory Coast7 0.17%
Dominican Republic15 0.45%
Ecuador10 0.45%
Egypt22 0.73%
El Salvador10 0.19%
Gabon2 0.05%
India119 2.31%
Mexico217 9.25%
Morocco6 0.20%
Nigeria29 1.02%
Panama23 0.67%
Russia143 6.51%
South Africa77 4.54%
Azerbaijan6 0.23%
Barbados1 0.01%
Belarus5 0.08%
Croatia13 0.54%
Georgia5 0.06%
Ghana12 0.29%
Guatemala11 0.18%
Honduras3 0.05%
Iraq2 0.09%
Jamaica8 0.22%
Kazakhstan24 0.74%
Kenya5 0.16%
Kuwait16 0.49%
Latvia9 0.22%
Lebanon22 0.29%
Mongolia7 0.11%
Namibia2 0.03%
Oman21 0.72%
Paraguay7 0.12%
Peru65 2.57%
Qatar41 1.76%
Romania41 1.75%
Saudi Arabia35 2.57%
Senegal4 0.09%
Sri Lanka13 0.33%
Tunisia5 0.09%
Ukraine30 0.80%
Uruguay12 0.44%
Zambia9 0.23%
Total3,182 100.00%
SectorComponentsWeight
Energy299 8.07%
Utilities231 4.11%
Financial961 12.92%
Consumer - Cyclical81 0.98%
Basic Materials218 4.27%
Consumer - Non-cyclical126 2.48%
Communications124 2.25%
Diversified34 0.62%
Technology9 0.05%
Industrial168 1.96%
Government931 62.29%
Total3,182 100.00%
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