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$446
billion
The market cap of the
BRIC-50 index stocks on the launch day of Jun 8, 2006.
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Dow Jones Indexes is launching Dow
Jones BRIC 50 Index, a blue-chip index measuring the performance
of the 50 largest and most liquid companies in Brazil, Russia, India
and China (aka BRIC countries).
The number of components in the Dow
Jones BRIC 50 Index is fixed at 15 each for Brazil, India and China
and five components for Russia to reflect the size of each market in
the index. Additionally, each component's weight is capped at 10% of
the index's total free-float market capitalization to prevent
overweighting of any one component stock. The Dow Jones BRIC 50
Index is weighted by free-float market capitalization and will be
reviewed annually in September. Historical index values are
available back to December 31, 2002. It is calculated in USD and
Euro.
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