The use of the committee system has served to minimize turnover in indices, include companies of integrity and ensure the liquidity of the index. Where possible, investors are given 5 days notice of additions and deletions. Please refer to the methodology sections for each index for detailed coverage of the index maintenance. Total returns are calculated daily by adding the dividend income on ex-date and price appreciation. It is used by institutions who prefer an index that is free-float adjusted, focused on liquidity and integrated with other indices around the world.
Many investors have very customized index needs.
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