Appendix charts HSBC Countries A comparison of the total return of the HSBC Countries versus the Indexed total return of these countries. Definitions Market Capitalization weighting MSCI uses the Market Capitalization weighting. In Market Capitalization weighting or value weighting, the weight on each constituent security is determined by dividing its market capitalization by the total market capitalization (sum of the market capitalization) of all the securities in the index. Market capitalization or value is calculated by multiplying the number of shares outstanding by the market price per share.
Appendix charts HSBC Countries A comparison of the total return of the HSBC Countries versus the Indexed total return of these countries. Definitions Market Capitalization weighting MSCI uses the Market Capitalization weighting. In Market Capitalization weighting or value weighting, the weight on each constituent security is determined by dividing its market capitalization by the total market capitalization (sum of the market capitalization) of all the securities in the index. Market capitalization or value is calculated by multiplying the number of shares outstanding by the market price per share.
Simons%2C%20M.J.%20%28292791%29.docx