S&P/ASX 50 represents the mid-cap universe for Australia, comprises all members of the S&P/ASX 100 excluding those in the S&P/ASX 50. Index constituents are drawn from eligible companies listed on the Australian Stock Exchange. S&P/ASX MidCap 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:
Underlying Indices - S&P/ASX 100 and S&P/ASX 50
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.