Free Float
Free Float Adjusted
All FXI index constituents are fully free float adjusted in accordance with FTSE's free float rules, to reflect the actual availability of stock in the market for public investment.
All FXI indices are periodically reviewed for changes in constituent free float. FXI constituent weightings are adjusted to reflect strategic shareholdings, foreign ownership or corporate events, to ensure an accurate representation of investable market capitalisation.
FTSE Bandings
To provide accurate free float representation and minimise turnover costs FTSE bandings are applied to all FXI indices. Each constituent is assigned to a specific free float band, whilst still retaining the benefits of free float weighting. Bandings are displayed below:
| Precise free float | Free float band* |
| < 5% | Ineligible for inclusion in FTSE indices |
| > 5% to 15% | Actual** |
| > 15% to 20% | 20% |
| > 20% to 30% | 30% |
| > 30% to 40% | 40% |
| > 40% to 50% | 50% |
| > 50% to 75% | 75% |
| > 75% to 100% | 100% |
*% of shares in issue used in calculating constituent weighting
**Companies actual free float rounded up to the next whole number
Please view the index rules for each FXI index for detailed and index specific free float information.