Presentation
The B3 Small Cap Smart Rebal Index is the result of a theoretical portfolio of assets, prepared in accordance with the criteria established in this methodology.
Objective
The objective of the B3 Small Cap Smart Rebal Index is to measure the average performance of the prices of lower-capitalization assets. The B3 Small Cap Smart Rebal Index adopts a gradual portfolio adjustment mechanism, with the aim of reducing turnover during rebalancing.
Index Type
The B3 Small Cap Smart Rebal Index is a Total Return index (see the B3 Index Definitions and Procedures Manual, item 1.2 Total Return Index).
Eligible Assets
The B3 Small Cap Smart Rebal Index is composed of shares and units exclusively from companies listed on B3 that meet the inclusion criteria described below.
BDRs and assets from companies under judicial or extrajudicial recovery, temporary special administration, intervention, or those traded under any other special listing situation are not included in this universe (see the B3 Index Definitions and Procedures Manual, item 3.2 Companies in Special Situation).