Dow Jones BRIC 50 Index

A market capitalization-weighted stock index containing 50 of the most liquid and largest companies operating in Brazil, Russia, India and China (BRIC nations). The index uses the Dow Jones Global Indexes as its stock universe for the four nations, which cover approximately 95% of the market capitalization on local exchanges. Fifteen positions are targeted for each Brazil, Russia and China, while Russia's representation is targeted for five positions.

Selection for the index is based on a ranking system that looks equally at free-float market capitalization and average daily volume. The top 10 ranked stocks in each sub-index are selected, along with a customized selection of five more between the rankings of 11 and 20 (these numbers are prorated for Russia).

The index is reconstituted annually and weightings are adjusted quarterly. No single stock can make up more than 10% of the BRIC 50 Index.

BRIC investing has become a trendy strategy, as these nations represent large, developing economies that are becoming more and more involved in the global economy. China representation is sought only in the offshore market, where H-shares and American Depositary receipts are available on different stock exchanges.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Dow Jones Indexes — CME Group Indexes, LLC dba/ Dow Jones Indexes A CME Group Company Type Joint venture of CME Group Inc. and Dow Jones Company, which is a subsidiary of News Corporation Founded 15 Wall Street, New York (1882) Founder(s) Charles Dow, Edward Jones,… …   Wikipedia

  • List of exchange-traded funds — This is a table of notable exchange traded funds, or ETFs. ETFs in various nations The ETFs available on exchanges vary from country to country. Many of the ETFs listed below are available exclusively on that nation s primary stock exchange and… …   Wikipedia

  • Emerging markets — are nations with social or business activity in the process of rapid growth and industrialization. Based on data from 2006, there are around 28 emerging markets in the world[citation needed] (data from 2010 says there are 40 emerging… …   Wikipedia

  • Next Eleven — N 11 nations in red. From left: Mexico, Nigeria, Egypt, Turkey, Iran, Pakistan, Bangladesh, Indonesia, Vietnam, South Korea, Philippines The Next Eleven (or N 11) are eleven countries Bangladesh …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.