Launched in June 2007, the S&P/ASX All Australian 50 is made up of ASX listed securities that have been defined as “domestic” or “Australian” for index purposes. It is comprised of highly liquid constituents that are considered to be 50 of the largest index-eligible Australian securities listed on the ASX by float-adjusted market capitalization. It follows the same index construction rules relating to market capitalization and liquidity that are applied to the S&P/ASX 50. The only exception relates to the index eligibility of securities, with eligibility extending to Australian securities only. It is also the Australia component of S&P Global 1200.
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 Standard & Poor’s and the Australian Securities Exchange. They follow a set of published guidelines and policies that provide the transparent methodologies used to maintain the indices.
Standard & Poor's Australian Index Alert tracks the changes and adjustments that affect the composition and constituent weightings of the Standard & Poor's Australian Index Series.
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.