MSCI Barra (NYSE: MXB), a leading provider of investment decision support tools worldwide, including indices and portfolio risk and performance analytics, announced today that it has launched the MSCI All Peru Index. This index is designed to reflect the investment opportunity set of the broad Peru equity universe. The new index may be licensed and used for portfolio management and benchmarking purposes, and as the basis of structured products and other index-linked investment vehicles such as exchange traded funds (ETFs).
The MSCI All Peru Index aims to represent the investment opportunity of listed companies in the broad Peru equity universe. MSCI Barra defines the “broad Peru equity universe” as those securities that are classified in Peru according to the MSCI Global Investable Market Index Methodology, plus additional securities belonging to companies that are headquartered in Peru and have the majority of their operations based in Peru.
In addition to the parent MSCI All Peru Index, two capped indices are also available. The MSCI All Peru 10/40 Index is designed to take into consideration the 10% and 40% concentration constraints on funds subject to the UCITS1 III Directive. The MSCI All Peru Capped Index aims to take into consideration the 25% and 50% concentration constraints on funds subject to the Regulated Investment Company (RIC) limitations.
The MSCI All Peru Indices are available on request to eligible clients directly from MSCI Barra. Five years of index level history will be available by end December 2008. The indices will be added to the MSCI Equity Index products at a later date.