Following the launch of the FTSE ST Catalist Index in June 2009, the FTSE ST Index Series has been further expanded to include FTSE ST Maritime Index, a new sector themed index that provides investors with transparent and cost-efficient way to access Singapore’s prosperous maritime industry.
With the adoption of FTSE’s market-leading international index methodology and the application of FTSE’s cutting edge free float weighting and liquidity screening, the existing market benchmark is now more transparent, investable and easy to trade.
The new family of indices can be used as the basis for trading and benchmarking of financial products, such as institutional and retail funds, exchange traded funds, derivatives contracts and other financial products.
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.
- 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 Sector Indices
13 Sector Indices based on the internationally recognised “Industry Classification Benchmark” (ICB) created by FTSE in partnership with Dow Jones Indexes.
- 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.
