Description

This index, named the MSCI Philippines Investable Market Total Return Net Index, is engineered to mirror the performance of the extensive Philippine equity market. It encompasses a wide array of companies, from large and mid-sized to small-cap firms, all publicly listed within the Philippines. The index captures a significant portion, roughly 99%, of the free-float market capitalization, thereby representing nearly the entire investable market. Individual company weightings within the index are determined by their free-float adjusted market capitalization. To ensure its accuracy and relevance, the index undergoes a comprehensive review every quarter. For an in-depth understanding of its construction, selection criteria, and weighting methodologies, further details are available on the official MSCI website at https://www.msci.com.