MSCI offers new index range in Australia

The MSCI Australia Select High Dividend Yield index comprises Australian securities with higher than average dividend yield and the potential for franked dividend income. The MSCI Australia 200 index tracks the performance of the largest 200 companies in the domestic Australia equity market, excluding foreign companies listed on the Australia Stock Exchange. The index uses minimum size, liquidity and float requirements to limit its stock components to the 200 largest and most tradable Australian companies. MSCI Australia executive director Michael Anderson says: "The two new indice...