Market VectorsTM Vietnam Index (MVVNM)
MVVNM is a rules-based index intended to give investors a means of tracking the overall performance of companies that a) are domiciled and primarily listed in Vietnam or b) are expected to generate at least 50% of their revenues in Vietnam or c) demonstrate a significant and/or dominant position in the Vietnamese market and are expected to grow.
MVVNM targets a coverage of 90% of the free-float market capitalisation of the investable universe with at least 25 companies; however, MVVNM will not include more than 75 companies.
For the Vietnam Index a country base cap factor is applied to the segment of local listed stocks and offshore listed stocks. This country base cap factor is calculated to ensure that the aggregated weighting of all local listed stocks will be capped at 70% and the aggregated weighting of all offshore listed stocks will be capped at 30%. This country base factor will be constant until the next quarterly review.
The Market VectorsTM Vietnam 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.
Rulebook Download
MVVNM targets a coverage of 90% of the free-float market capitalisation of the investable universe with at least 25 companies; however, MVVNM will not include more than 75 companies.
For the Vietnam Index a country base cap factor is applied to the segment of local listed stocks and offshore listed stocks. This country base cap factor is calculated to ensure that the aggregated weighting of all local listed stocks will be capped at 70% and the aggregated weighting of all offshore listed stocks will be capped at 30%. This country base factor will be constant until the next quarterly review.
The Market VectorsTM Vietnam 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.
| Ticker symbols | MVVNM Price index ticker | MVVNM TRN index ticker |
| Reuters RIC | .MVVNM | .MVVNMTR |
| Bloomberg Ticker | MVVNM | MVVNMTR |
Rulebook DownloadTop 5 Holdings
MVVNM is a free-float market capitalisation weighted index. The weight of every individual company is limited to a maximum of 8 %.
Here you can find more information on rebalancing.
Daily constituents - PRICE Index
Corporate actions - PRICE Index
Daily constituents - TRN Index
Corporate actions - TRN IndexSector weightings
