Russell Indexes is the third major index provider since September 2014 to demote Morocco to frontier status. In December, S&P Dow Jones Indices made the same move, which was proceeded by FTSE Group doing the same in September. [S&P Tags Morocco With Frontier Status]
Russell’s annual reconstitution will be finalized after the close of U.S. markets on June 26.
ETF Trends editorial team contributed to this post.