The S&P/IFCI, Standard & Poor’s leading emerging market index, is a liquid investable subset of the S&P Emerging Plus BMI Index. With a long and established history going back to 1988, the S&P/IFCI index is designed to be sufficiently investable to support index tracking portfolios.
The index includes all countries in the S&P Emerging BMI Plus Index, which includes South Korea. Each country represents at least 40 bps of the total market weight of the S&P/IFCI countries. A country that drops below 40 bps but remains above 30 bps will not be dropped.
The S&P/IFCI is part of the S&P Global Equity Index Series offering investors broad based measures of the global markets. Other members of this series include the S&P Global Broad Market Index (BMI) and the S&P Frontier BMI Index.
Index Governance and Policy
This index is maintained by the S&P Index Committee, whose members include Standard & Poor’s economists and index analysts. It follows a set of published rules and policies that provide the transparent methodology used to maintain the index.