The suite of 78 indices covers various sized companies, sectors and themes so investors can dissect the market for analysis or benchmarking purposes and gain access to the Singapore market through the creation of financial products such as institutional and retail funds, exchange traded funds (ETFs), derivatives contracts and other index-linked products.
Since the relaunch of the STI and creation of the FTSE ST Index Series in January 2008, the partnership has continually enhanced the series with new indices to capture investment opportunities reflective of Singapore’s unique market traits. These include the FTSE ST China Top tradable index, FTSE ST Catalist Index and FTSE ST Maritime Index as well as 19 Supersector and 39 Sector indices to provide investors with a set of tools for deeper analysis of the Singapore market.
The STI Dividend Index has also been added to the series as a tool to isolate dividends from cash returns of the STI and helps investors take a view on the expected dividends of its constituents.
STI values are now delivered on an intra-second streaming basis which gives investors a better reflection of market activity and increased transparency on trades against the index to respond immediately to market events.
The family includes:
- FTSE ST All Share Index
All companies within the top 98% by full market capitalisation of the SGX Mainboard that pass the relevant investability screens.
- Straits Times Index (STI)
The top 30 companies of the SGX Mainboard universe, ranked by full market capitalisation, that pass the relevant investability screens.
- STI Dividend Index
Captures the cumulative value of ordinary cash dividends paid by constituents of the underlying STI.
- FTSE ST Mid Cap Index
The next 50 companies by full market capitalisation of the SGX Mainboard universe, that are not large enough to be constituents of the STI, and that pass the relevant investability screens.
- FTSE ST Small Cap Index
Companies within the top 98% by full market capitalisation of the SGX Mainboard, that are not large enough to be constituents of the STI and FTSE ST Mid Cap Index, and that pass the relevant investability screens.
- FTSE ST Fledgling Index
The remaining 2% of the companies of the SGX Mainboard that are too small to be included in the FTSE ST All-Share Index. These companies will be free float adjusted but not screened for liquidity.
- FTSE ST China Top Index
A focused China-play index including the top 20 Chinese companies by market capitalisation that are members of the FTSE ST All-Share Index.
- FTSE ST China Index
A broad China-play index including Chinese companies that are members of the FTSE ST All-Share Index.
- FTSE ST All-Share Industry Indices
10 Industry, 19 Supersector and 39 Sector Indices based the internationally recognised Industry Classification Benchmark (ICB) and derived from constituents in the FTSE ST All-Share Index.
- FTSE ST Catalist Index
The FTSE ST Catalist Index aims to raise the profile of growth companies listed on Singapore's SGX Catalist market and offers investors a tracking tool for the performance of Catalist sponsored companies.
- FTSE ST Maritime Index
The FTSE ST Maritime Index aims to capture the performance of companies that have a substantial proportion of their revenue from maritime related activities. Stocks included in the index must have at least 55% of their revenue from the manufacturing, ownership, operation and repairing of commercial / cargo vessels.
