The Unsponsored BDR Index-GLOBAL (BDRX) is compiled as a weighted average of a theoretical portfolio of depositary receipts pursuant to criteria set forth in this methodology.
The indices compiled by BM&FBOVESPA adopt concepts and practices set forth in the Concepts and Practices Manual for BM&FBOVESPA Indices.
The BDRX is designed to measure average performance tracking changes in the prices of Unsponsored Brazilian Depositary Receipts authorized for trading on BM&FBOVESPA, which meet the membership requirements set forth herein.
The BDRX is a total return index (see the Concepts and Practices Manual for BM&FBOVESPA Indices).
The BDRX is composed of Unsponsored BDRs which trade on BM&FBOVESPA with market maker liquidity provision.