Products December 21, 2009

S&P Launches Metals, Capped Sector Indices

December 21, 2009 (PLANSPONSOR.com) – Index provider Standard & Poor's has launched three new indexes.

Reported by

According to the announcement, S&P 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, according to S&P, “provide greater diversification for investors and structured product providers seeking to comply with European Union UCITS III directives”.   

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Real-time Euro  

Standard & Poor’s also announced the launch of 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.  S&P noted that the 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 on a real-time basis.

More information on the S&P GSCI is available at http://www.spgsci.standardandpoors.com. 

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