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Products May 12, 2011
Index Series Tracks Performance of Commodity Producers
S&P Indices has introduced the S&P Commodity Producers Index Series.
Reported by Rebecca Moore
The new family of indices is comprised of the world’s largest, publicly traded companies engaged in the exploration and production of commodities. All of the constituents in the index series are drawn from the S&P Global BMI (Broad Market Index) universe.
The S&P Commodity Producers Index Series is comprised of three indices:
- The S&P Commodity Producers Agribusiness Index includes the largest publicly-traded companies involved in agriculture businesses around the world;
- The S&P Commodity Producers Gold Index includes the largest publicly-traded companies involved in the exploration and production of gold and related products around the world; and
- The S&P Commodity Producers Oil & Gas Exploration & Production Index includes the largest publicly-traded companies involved in the exploration and production of oil and gas around the world.
According to the company, to ensure tradability, constituents must have a developed market listing and meet minimum market capitalization and liquidity requirements. Constituent weights are driven by float-adjusted market capitalization to reflect available shares to investors.
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