S & P IFC Emerging Markets Indexes

S & P IFC Emerging Markets Indexes | Index

Standard and Poor's, using data acquired from International Finance Corporation, produces a number of capitalization weighted indexes to measure the emerging securities market, including:

S&P/IFCG Indexes

The Global (G) Index series is intended to represent the performance of the most active stocks in their respective markets and to be the broadest possible indicator of market movements. The current aggregate market capitalization of S&P/IFCG index constituents exceeds 75% of the total capitalization of all domestic listed shares on the local stock exchange. Industry or regional representation is not considered as a basis for building the S&P/IFCG Index Series. For index calculation purposes, Standard & Poor's uses a holding coefficient designed to adjust market capitalization by removing all cross holdings between constituent companies, all government holdings and significant strategic holdings that exceed 20%. The S&P/IFCG Composite Index currently includes 33 markets.

S&P/IFCI Indexes

The Investable (I) Index series is designed to measure the type of returns foreign portfolio investors might receive from investing in emerging market stocks that are legally and practically available to them. Constituents for the S&P/IFCI series are drawn from the S&P/IFCG stock universe based on size, liquidity, and their legal and practical availability to foreign institutional investors. Some markets included in the S&P/IFCG Composite Index are not included in the S&P/IFCI Composite Index due to limits on foreign investment or a lack of stocks that meet the more stringent S&P/IFCI size and liquidity screens. The S&P/IFCI Composite Index currently includes 22 markets.

For over 1,000 additional terms and definitions please see our Investment Glossary Guide.

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Tags: S & P IFC Emerging Markets Indexes, IFC Emerging Markets, Emerging Markets Index, Emerging Markets Index Fund Charts, Emerging Index Performance, Holdings

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