Market maturity shows the percentage of a holding's common stocks that are domiciled in developed and emerging markets.
% Developed Markets
For purposes of this calculation, developed markets include Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, the United Kingdom, The United States, and a handful of smaller countries and territories (such as Gibraltar).
% Emerging Markets
All countries that are not developed markets are considered emerging markets. Emerging markets normally carry greater political and economic risk than developed countries, and stocks located in them are normally less liquid and more volatile.