S&P/ASX 50 represents the large cap universe for Australia, comprised of the 50 largest stocks by market capitalization in the Australian equities market. Index constituents are drawn from eligible companies listed on the Australian Stock Exchange. S&P/ASX 50 is a core component of the Australian indices that could be used as building blocks for portfolio construction.
Index constituents exhibit the following characteristics:
Weighting – Market capitalization
Public Float – Adjusted for available shares
Index Governance and Policy
This index is maintained by the S&P Australian Index Committee, comprised of five members representing both the Australian Stock Exchange and Standard & Poor's. They follow a set of published guidelines and policies that provide the transparent methodologies used to maintain the indices.
S&P Index Watch is designed for organisations seeking to obtain and/or redistribute official Standard & Poor's verfied S&P/ASX index values for the entire array of Australia's benchmark S&P/ASX indices.