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Dow Jones BRIC 50 Index

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The Dow Jones BRIC 50 Index is an international free-float market capitalization weighted index. Dow Jones BRIC 50 Index companies are taken from the Dow Jones Wilshire Global Total Market Index. Dow Jones BRIC 50 Index represents four countries: Brazil, China, India, and Russia. Out of the 50 companies included in the Dow Jones BRIC 50 Index, Brazil, China, and India are represented by 15 companies each. Russia accounts for five companies in the Dow Jones BRIC 50 Index. The Dow Jones BRIC 50 Index represents the top 50 companies operating and trading in those markets. The Dow Jones BRIC 50 Index was introduced in June 2006. The base value of the Dow Jones BRIC 50 Index was set at 100. The base date for the Dow Jones BRIC 50 Index is retroactive to December 31, 2002. Each Dow Jones BRIC 50 Index company's weight is capped at 10%. The Dow Jones BRIC 50 Index weights are reviewed each quarter. The Dow Jones BRIC 50 Index is reconstituted on an annual basis in September in accordance with a set of transparent criteria. For each country, the top 30 companies (top 10 for Russia) included in the Dow Jones Wilshire Global Total Market Index are ranked first by float-adjusted market capitalization and second by average trading volume computed over the three months prior to reconstitution. The final country ranking of those Dow Jones BRIC 50 Index eligible companies is computed by assigning a 50-50% weight to each ranking. The top 10 companies of this final ranking (top three for Russia) will be included in the Dow Jones BRIC 50 Index. The last five companies (or last two for Russia) of the Dow Jones BRIC 50 Index are selected from the market capitalization ranking. Also, at the end of every month, a top 30 list (i.e. ranked by float-adjusted market cap.) of eligible companies to be included in the next Dow Jones BRIC 50 Index reconstitution is published. The Dow Jones BRIC 50 Index is computed using the Laspeyres's formula. Dow Jones BRIC 50 Index is published in real time in both euros and US dollars. A net return value for the Dow Jones BRIC 50 Index is also provided at the end of each day.



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