Administration March 1, 2003
New S&P Index Tracks Small, Mid Markets
January 15, 2002 (PLANSPONSOR.com) - Investors
looking for a way to draw a line between large capitalization
stocks and the rest of the equity market may find help in a
newly-launched equity index.
Reported by Fred Schneyer
Standard & Poor’s unveiled the S&P 1000, a combination of the S&P MidCap 400 and S&P SmallCap 600 Indices, according to the index provider.
The S&P 1000 represents $1.2 trillion of investable and liquid mid-cap and small-cap companies and, which, together with the S&P 500, makes up the S&P SuperComposite 1500 Index.
The S&P 1000 represents 10.46% of the market capitalization of the S&P SuperComposite 1500.
Index candidates are selected according to the same criteria used for the S&P 500:
- trading analysis,
- liquidity,
- ownership,
- fundamental analysis,
- market capitalization, and
- sector representation
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