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FTSE has extended its equity index suite to include Frontier markets.
The FTSE Frontier 50 Index is FTSE's first index to be created from an eligible universe of 26 new frontier markets, which has been screened using its established country classification methodology that assesses markets against the size requirements, basic governance and market infrastructure elements required by international institutional investors. The new index is calculated in real-time and is designed to be used as the basis of financial products such as ETFs, mutual funds, and derivative products.
The universe for this index covers 26 markets, which have been identified by applying five criteria from FTSE's renowned country classification criteria. These are:
Click here for more information about FTSE's Country Classification process.