The S&P Latin America 40 is a stock market index from Standard & Poor's. It tracks Latin American stocks.
The S&P Latin America 40 is one of seven headline indices making up S&P Global 1200 and includes highly liquid securities from economic sectors of Mexican and South American equity markets. Companies from Brazil, Chile, Colombia, Mexico and Peru are represented in this index. Representing approximately 70% of each country's market capitalization, this index provides coverage of the large 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
This section needs to be updated.(October 2024) |
As of 20 January 2022[update], the constituent stocks of the S&P Latin America 40 are:[2]
Country coverage
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
- 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
- ^ 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. Retrieved 2024-10-15.