Index overview

MVLATM is a rules-based index intended to give investors a means of tracking the overall performance of companies that are domiciled and primarily listed in Latin America or offshore listings outside the continent that are expected to generate at least 50% of their revenues in Latin America.

MVLATM will include only common stocks and stocks with similar characteristics. Companies covering the top 90% of the full market capitalisation are excluded. Only companies ranking between 90% and 98% are considered small-caps and qualify for the selection. However existing Index companies ranking between 85% and 90% or 98% and 99% will also be considered small-caps and qualify for the selection.

Any stocks which have had 10 or more non-trading days in a three month period prior to a quarterly review are ineligible for inclusion in the index. The index is free-float adjusted – the number of shares outstanding is reduced to exclude closely held shares from the index calculation. In addition, stocks must meet strict size and liquidity requirements, e.g. a full market capitalisation larger than USD 150 million, a three months average-daily-trading volume of at least USD 1 million and a monthly trading volume of at least 250,000 shares over the last six months.

The Index is calculated with the stock prices converted to U.S. Dollars. The Market Vectors^TM Latin-America Small-Cap index is reviewed quarterly and changes are implemented on the third Friday of every quarter-end month (i.e. March, June, September and December). Changes become effective on the next trading day.

Index performance

-> Index history download (.CSV)

Downloads

The information on MVLATM on this website is updated monthly.


MVLATM Factsheet

MVLATM Monthly basket

MVLATMTR Monthly basket

Rulebook

To receive daily files please inquire via our contact form.