The Solactive GBS Developed Markets ex United States Large & Mid Cap NZD Index PR is part of the Solactive Global Benchmark Series which includes benchmark indices for developed and emerging market countries. The index intends to track the performance of the large and mid cap segment covering approximately the largest 85% of the free-float market capitalization in the Developed Markets ex United States. It is calculated as a price return index in NZD and weighted by free-float market capitalization.