The FTSE CNBC Global 300 Index is calculated by FTSE Group and will be featured in various CNBC news programmes. It is designed to show broad market performance world-wide across all industries, developed and emerging markets.
The index will maintain a fixed number of constituents, which are derived from the FTSE Global Equity Index Series (incorporating developed and emerging markets).
The index comprises the largest 15 stocks by full market capitalisation from each of the 18 Industry Classification Benchmark Supersectors (using FTSE All Cap Developed Index), as well as the 30 largest stocks from the emerging markets (using FTSE Emerging All Cap Index). The index will act as a tool to give greater context to the global business stories of the day and provide CNBC viewers with one quantifiable measure.
The FTSE CNBC Global 300 Index Series is being enhanced by the addition of 18 sector indices based on the Industry Classification Benchmark (ICB) supersector classification. The FTSE CNBC Global 300 Supersector Indices comprise the largest 15 companies by full market capitalisation from each of the 18 ICB Supersectors, plus the 30 largest companies from emerging markets. Only constituents that are in the FTSE CNBC Global 300 Index can be eligible for the FTSE CNBC Global 300 Supersectors Indices.