BBEU offers broad exposure to developed European countries. Holdings are weighted by their float-adjusted market cap. The index includes companies in the top 85% of cumulative market capitalization across multiple sectors, so small-cap stocks are excluded from coverage. The fund focuses on more liquid stocks, making it a good component of a broad European-based portfolio. Eligible securities are those in the top 75% of liquidity screen by trading volume and turnover. A security is removed if it experienced series of non-trading days in the months before the semi-annual reconstitution. The index is rebalanced quarterly.