In comparison, the old MSCI Ireland Investable Market 25/50 Index tracks equity securities listed on stock exchanges in Ireland.
The changes suggest that the new index will include holdings listed on non-Ireland based exchanges that are not eligible in the old MSCI index.
EIRL has been outperforming European and U.S. markets this year as the country recovers from the debt crisis and is on track to wean itself off the Eurozone and International Monetary Fund bailout program. The fund is up 40.9% year-to-date. [Ireland ETF Outperforms as Country Exits Bailout]
For more information on ETFs and indices, visit our indexing category.
Max Chen contributed to this article.