Quarterly Rebalance Notice For The BNC-BTSE Composite Index January 2020
Following approval from the BNC-BTSE index committee, Brave New Coin will perform a rebalancing of the BNC-BTSE Composite Index (BBCX) according to the updated constituent weights.
This will be implemented on Thursday, January 30, 2020 at 08:00 AM (UTC) with no anticipated disruption.
Constituent weights were calculated on January 15 using the closing market capitalization of the preceeding 5 days. Where needed constituent assets were capped based on the index cap of 60% and subject to a minimum turnover requirement of 10 basis points.
Please see the below public release for full details on this announcement.
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