TOKYO -- Nikkei Inc. on Dec. 11 will begin publishing the Nikkei Asia300 Investable Index in an effort to make Asia's leading companies more accessible to investors.
Retail investors will be able to buy in via investment trusts and other instruments that are expected to track the index.
The index will draw from selected stocks listed on 10 non-Japan regional markets -- in China, Hong Kong, Taiwan, South Korea, Indonesia, Malaysia, the Philippines, Singapore, Thailand and India. Component shares are chosen based on metrics such as market capitalization, trading value, sales growth rate and ratio of floating shares.
About 90% of the market value tracked by the new investable index is shared by components of the existing Nikkei Asia300. Focusing on ease of investment, the new index may exclude well-known companies if, for instance, their trading volumes are low or they have few shares in circulation.
The index will be calculated by S&P Dow Jones Indices. The Nikkei Asian Review will publish daily index figures. The Nikkei will do likewise in Japanese, in its daily newspaper and on its website. A list of constituencies, an outline of how the index is calculated as well as past readouts and other details are available at the official Nikkei Indexes website (https://indexes.nikkei.co.jp/en/).