S&P Latin America 40
TheS&P Latin America 40is astock market indexfromStandard & Poor's.It tracksLatin Americanstocks.
The S&P Latin America 40 is one of seven headline indices making upS&P Global 1200and includes highlyliquid securitiesfrom economic sectors of Mexican and South American equity markets. Companies fromBrazil,Chile,Colombia,MexicoandPeruare represented in this index. Representing approximately 70% of each country'smarket capitalization,this index provides coverage of thelarge cap,liquid constituents of each key country in Latin America.
The S&P Latin America 40 is maintained by the S&P Index Committee, whose members include Standard and Poor's economists and index analysts. The goal of the Index Committee is to ensure that the S&P Latin America 40 remains an accurate measure of Latin American markets, reflecting the risk and return characteristics of the broader universe on an ongoing basis. As of 2010, S&P Latin America 40 consisted of forty companies with a market capitalization of US$450.07 billion.
There is an ETF tracking this index (NYSE Arca:ILF).[1]
Constituent companies
[edit] | This section needs to beupdated.(October 2024) |
As of 20 January 2022[update],the constituent stocks of the S&P Latin America 40 are:[2]
Country coverage
[edit]As of 15 October 2024[update],the country coverage is the following:[3]
| Country | No. of companies | Country weight |
|---|---|---|
| Brazil | 17 | 62.6% |
| Mexico | 10 | 24.2% |
| Chile | 9 | 6.5% |
| Peru | 2 | 5% |
| Colombia | 3 | 1.7% |
| Total | 41 | 100.0% |
See also
[edit]- Economy of Brazil-B3
- Economy of Chile-Santiago Stock Exchange
- Economy of Mexico-Mexican Stock Exchange
- Economy of Peru-Lima Stock Exchange
- Economy of Colombia-Colombia Stock Exchange
References
[edit]- ^Time to Buy These Top Ranked Latin America ETFs - May 28, 2013 - Zacks.com
- ^"S&P Latin America 40 Index (USD) Factsheet"(PDF).S&P Dow Jones Indices.2021-10-29.Retrieved2024-10-15.