The $500 million Merrill Lynch Russia Infrastructure Basket (MLEMRIB) comprises 18 stocks spanning the telecommunications, energy, steel, utilities and transport industries. Each component stock must have a minimum capitalization of $100 million and a daily trading turnover of $1 million, with the component stocks being reviewed every six months.
The launch of the index comes in the wake of the creation last May of the Merrill Lynch Emerging Market Infrastructure Index (MLEMII), which seeks to capture exposure to the...
