MSCI Pan-Euro and Euro Indices May 2004 Annual Index Review.Business Editors GENEVA--(BUSINESS WIRE)--May 11, 2004 MSCI announced today changes to the MSCI Pan-Euro and Euro Indices that will be effective as of the close of May 28, 2004. These changes result from the May 2004 Annual Index Review. The full list of pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma constituents of the MSCI Pan-Euro and Euro Indices has been posted on MSCI's web site at http://www.msci.com/euro. On a pro forma basis, the MSCI Pan-Euro Index will contain 268 securities with a free float-adjusted market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4,015 billion, selected from 16 developed market European countries. The MSCI Euro Index will contain 141 securities with a free float-adjusted market capitalization of EUR 1,911 billion on a pro forma basis, selected from the EMU zone. The results of the May 2004 Annual Index Review for the MSCI Standard Index Series as well as the Semi-Annual Index Review for the MSCI Small Cap Index Series, the MSCI Global Value and Growth Index Series and the MSCI US Equity Indices have also been posted on MSCI's web site at www.msci.com. As a reminder, MSCI will exceptionally implement the changes resulting from the May 2004 Index Reviews as of the close of May 28, 2004, instead of May 31, 2004, due to market holidays. The MSCI Pan-Euro and Euro Indices are subsets of the broader MSCI Europe and EMU Indices, respectively, and aim to capture 90% of the market capitalization of the broader benchmarks. They are specifically designed to include the largest and most liquid securities from the broader indices, as they aim to serve as the basis for derivative contracts, exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. and other index-based investment products. The MSCI Pan-Euro and Euro Indices have been licensed for futures and options contracts and various exchange traded funds (ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). ). Note: All pro forma information uses data as of April 21, 2004. For further information on MSCI indices or MSCI data, please visit our web site at www.msci.com. NOTICE AND DISCLAIMER This information is the property of Morgan Stanley Capital International Morgan Stanley Capital International (MSCI) This firm publishes a number of well known benchmarks, such as the MSCI World Index. Inc. (MSCI). The information may not be used to verify or correct data, or any compilation of data or index or in the creation of any indices. Nor may it be used in the creating, offering, trading or promotion of any financial instruments or products. This information is provided on an "as is" basis, and the user of this information assumes the entire risk of any use made of this information. It is not a recommendation to participate in any particular trading strategy In finance, a trading strategy (see also trading system) is a predefined set of rules to apply. Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same . Neither MSCI, its affiliates nor any other party involved in the making or compiling of the information (the "MSCI Parties") guarantees the accuracy and/or the completeness of any of this information. None of the MSCI Parties makes any express or implied representations or warranties, and each MSCI Party hereby expressly disclaims all warranties of merchantability mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer  chant·a·bil or fitness for a particular purpose with respect to any of this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any damages of any kind even if notified of the possibility of such damages. Morgan Stanley Capital International, MSCI and all other service marks referred to herein are the exclusive property of MSCI and its affiliates. All MSCI indices are the exclusive property of MSCI and may not be used in any way without the express written permission of MSCI. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. , a global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.Please [ improve this article] or discuss the issue on the talk page. firm and a market leader in securities, asset management, and credit services, is the majority shareholder of MSCI, and The Capital Group Companies, Inc., a global investment management group, is the minority shareholder. |
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