S&P Launches S&P GSCI All Metals Index, Capped Sector Indices
12/23/2009 - Standard & Poor's launches the S&P GSCI All Metals Index (which combines the S&P GSCI Precious and Industrial Metals indices for a broader measure of the metals market), the S&P GSCI All Metals Capped Commodity Index, and the S&P GSCI Agriculture Capped Component Index.
Standard & Poor's has launched the S&P GSCI All Metals Index, the S&P GSCI All Metals Capped Commodity Index, and the S&P GSCI Agriculture Capped Component Index.
The S&P GSCI All Metals Index combines the S&P GSCI Precious and Industrial Metals indices for a broader measure of the metals market.
The capped indices are part of the S&P GSCI Capped family of indices, which limit constituent weights and provide greater diversification for investors and structured product providers seeking to comply with European Union UCITS III directives.
Standard & Poor's has also launched the S&P GSCI All Metals Capped Commodity and S&P GSCI Agriculture Capped Component indices on a real-time currency basis in the Euro currency. The company notes that S&P GSCI Light Energy and S&P GSCI Non-Energy indices will also be added to the S&P family of currency indices calculated in the Euro in real time.
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet investor needs. Over $1 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index; the S&P Global 1200, a composite index comprised of seven regional and country headline indices; the S&P Global BMI, an index with approximately 11,000 constituents; and the S&P GSCI, the industry's most closely watched commodities index.