S&P/ASX All Ordinaries represents the 500 largest companies in the Australian equities market. Index constituents are drawn from eligible companies listed on the Australian Stock Exchange. Liquidity is not considered as a criteria for inclusion except for foreign domiciled companies.
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.
The Global Industry Classification Standard is an industry classification system developed and maintained jointly by Standard & Poor's and Morgan Stanley Capital International (MSCI).