The S&P Global Property 40 Index is designed to provide liquid exposure to 40 leading, publicly traded companies in the global property and real estate market. The index’s size, liquidity and stability requirements provide investors with investable, tradable and diversified exposure across the developed market exchanges in North America, Europe and Asia Pacific. The S&P Global Property 40 Index is derived from the S&P/Citigroup Global Property Index, which includes over 400 stocks from the S&P/Citigroup Global Broad Market Index in the Real Estate Industry Group of the Global Industry Classification Standard (GICS®).
Index constituents exhibit the following characteristics:
Underlying Indices – S&P/Citigroup Global Equity Indices
Weighting – Market capitalization
Public Float – Minimum of US$ 1 billion
Liquidity – At least US$3 million daily value traded
Reconstitution – Annual
Currency – Returns can be stated in U.S. dollars and Euros
Index Governance and Policy
This index is maintained by Index Committees, whose members include Standard & Poor's economists and index analysts. They follow a set of published rules that provide the transparent methodologies used to maintain the indices.
S&P/Citigroup Global Equity Indices are comprehensive, rules-based indicators of global stock market performance. These indices provide investors with broad benchmarks that can be used to manage and measure the risk/return characteristics of a portfolio to the equity investment opportunities available to portfolio managers.
