S&P Dow Jones Indices Announces Update to U.S. Indices Methodology

S&P Dow Jones Indices Announces Update to U.S. Indices Methodology

 S&P Dow Jones Indices (SPDJI) announces that common equities listed on Bats BZX, Bats BYX, Bats EDGA, and Bats EDGX exchanges will be eligible for inclusion in S&P Total Market Index (S&P TMI), S&P Global Broad Market Index (S&P BMI), Dow Jones Global Index (DJGI) and Dow Jones Total Stock Market Index (DJTSM) effective after the close of trading on June 17, 2016.

Additionally, SPDJI announces that U.S. Indices contribution to sector balance maintenance will be measured by a comparison of each GICS sector’s weight in an index with its weight in the S&P Total Market Index, in the relevant market capitalization range. Previously, the U.S. Indices methodology did not specify S&P TMI as the comparison benchmark.

The following table details these changes:

Index

Effective Date
(after the close)

Change

S&P TMI, S&P BMI, DJTSM, DJGI

June 17, 2016

Securities listed on Bats BZX, Bats BYX, Bats EDGA, and Bats EDGX exchanges will be eligible for inclusion

S&P TMI

June 17, 2016

Contribution to sector balance maintenance will be measured by a comparison of each GICS sector’s weight in an index with its weight in the S&P Total Market Index, in the relevant market capitalization range

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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