Reflecting expanded investment opportunities beyond traditional developed and emerging markets

Covering 25 countries, the MSCI Frontier Markets Indices are designed to track the performance of a range of equity markets that are now more accessible to global investors. They aim to achieve a broad representation of the investment opportunity set while taking into consideration investability requirements within each market.
Standard Indices, that aim to exhaustively cover around 85% of the investable equity universe of each market, are calculated for all countries in the MSCI Frontier Markets Indices.
Sector Indices, classified according to the Global Industry Classification Standard (GICS®), are calculated for composite regional and global indices.
Easily combined with existing MSCI Indices
By combining the MSCI Frontier Markets Indices with the market-leading MSCI Emerging Markets and MSCI All Country Indices, MSCI Barra has created a new range of extended regional and global composite indices.
Investable and replicable
Liquidity screens, company free float-adjusted market capitalization and minimum size references are used to create indices that are both investable and replicable.
Transparent index construction
Indices are calculated and maintained according to a rules-based methodology based on the MSCI Global Investable Market Indices Methodology, modified to reflect the specific structure of countries within the Frontier Markets.
Country Coverage

1. The MSCI Saudi Arabia Index is currently not included in the MSCI Frontier Markets Index but is part of the MSCI Gulf Cooperation Council (GCC) Countries Index.
2. The MSCI Bangladesh Index, the MSCI Botswana Index, the MSCI Ghana Index, and the MSCI Jamaica Index are currently stand-alone country indices and are not included in the MSCI Frontier Markets Index. The addition of these country indices to the MSCI Frontier Markets Index is under consideration.
To find out more about the MSCI Frontier Markets Indices, please contact us.

