S&P/IFCG GCC represents the countries in the Gulf Cooperation Council (GCC) which includes Saudi Arabia, Bahrain, Oman, Qatar, United Arab Emirate (UAE) and Kuwait. While this region’s total market capitalization measures over US$1 trillion, these six markets are not yet fully open for foreign investment. As a member of the S&P Emerging Market indices, it is constructed from equities included in the Emerging Markets Database (EMDB). S&P GCC Shariah index series is also available.
Index constituents exhibit the following characteristics:
Market Coverage – 6 markets
Weighting – Market capitalization
Public Float – Adjusted for available shares
Reconstitution – Annually in November
Index Governance and Policy
Standard & Poor's leads a Global Advisory Panel that meets at least once a year to consult on all major methodological issues impacting the S&P Global Indices, including the S&P Emerging Market Index series. The panel members are made up of a diverse group of users and interested parties, including highly acclaimed academics, plan sponsors, and consultants, as well as industry leading active and passive investment managers. This medium serves to provide feedback to Standard & Poor's from market participants in an unbiased, professional manner, allowing S&P to continuously evolve its index methodology as required.
With the longest history of all emerging market index series extending back to 1975, it is the source for the S&P Emerging Market Indices. New Product Packages Available November 1st.
