Introduced in 2000, S&P/TSX Capped Composite includes all constituents of the S&P/TSX Composite index with relative weighting of each constituent capped at 10%.
Index constituents exhibit the following characteristics:
Underlying Indices - S&P/TSX Composite
Weighting - Market capitalization
Public Float - Adjusted for available shares
S&P/TSX Capped Composite is also the parent of a real-time index, the S&P/TSX Capped Equity index. This index mirrors its parent in terms of constituents but the relative weight of any single constituent is capped at 10%.
Index Governance and Policy
This index is maintained by the S&P Canadian Index Committee, whose members include representatives from both Standard & Poor’s and the Toronto Stock Exchange. Committee oversight gives investors the benefit of Standard & Poor’s depth of experience, research and analytic capabilities, combined with Toronto Stock Exchange’s intimate local industry knowledge. It follows a set of published guidelines and policies that provide the transparent methodologies used to maintain the index.
The S&P/TSX Completion Index has also been renamed the S&P/TSX Completion Index and is comprised of the constituents of the S&P/TSX Composite Index that are not in the S&P/TSX 60 Index