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S&P/Citigroup Broad Market Index (Bmi) Global

SPCI Spirit Group Broad Market Index BMI Global

The SPCI Spirit Group Broad Market Index BMI Global is a free, market capitalization-weighted index that tracks the performance of large and medium-sized companies across the global economy. It includes companies from all sectors and countries, although the majority are headquartered in North America and Europe.

Key features:

  • Market capitalization-weighted: The index weights companies based on their market capitalization, ensuring that larger companies have a greater influence on the overall index performance.
  • Global coverage: Includes companies from all countries, although the majority are from North America and Europe.
  • Large and mid-cap companies: Tracks the performance of large and medium-sized companies, offering a broader view of the market than some more narrowly focused indices.
  • Broad market coverage: Tracks a wide range of industries, including technology, consumer staples, energy, and financials.
  • Free access: Available for free through various sources, including SPCI Indexes Limited and the London Stock Exchange.

Key differences:

  • Larger size: The BMI Global is larger than the S&P 500 Index, with over double the number of components.
  • Greater international exposure: Includes a wider range of countries than the S&P 500 Index.
  • Different sector weighting: Has a different sector weighting than the S&P 500 Index, reflecting the global market realities.
  • Lower liquidity: May have lower liquidity than the S&P 500 Index, as it includes a wider range of smaller companies.

Here are some additional resources:

  • SPCI Spirit Group Broad Market Index BMI Global: spci.com/bmi-global/
  • SPCI Indexes Limited: spciindexes.com/
  • London Stock Exchange: lseg.com/

Please note that this is just a brief overview of the SPCI Spirit Group Broad Market Index BMI Global. There is much more information available about the index, and you are encouraged to explore the resources above for more details and data.

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