The S&P Latin America 40 is a stock market index from S&P Dow Jones Indices. 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 ().Time to Buy These Top Ranked Latin America ETFs - May 28, 2013 - Zacks.com
Constituent companies
, the constituent stocks of the S&P Latin America 40 are:
Company name Ticker symbol GICS Industry Country AmBev 30 Consumer Staples Brazil América Móvil 50 Communication Services Mexico B3 40 Financials Brazil Banco Bradesco 40 Financials Brazil Banco Santander Chile 40 Financials Chile Banco de Chile 40 Financials Chile Banco do Brasil 40 Financials Brazil Bancolombia 40 Financials Colombia BRF S.A. 30 Consumer Staples Brazil CCR S.A. 20 Industrials Brazil Cemex 15 Materials Mexico Cencosud 30 Consumer Staples Chile Credicorp 40 Financials Peru Ecopetrol 10 Energy Colombia Empresas CMPC 15 Materials Chile Empresas Copec 10 Energy Chile Enel Américas 55 Utilities Chile Fomento Económico Mexicano (FEMSA) 30 Consumer Staples Mexico Fibra Uno 60 Real Estate Mexico Gerdau 15 Materials Brazil Grupo Financiero Banorte 40 Financials Mexico Grupo México 15 Materials Mexico Grupo Televisa 25 Consumer Discretionary Mexico Interconexión Eléctrica 55 Utilities Colombia Itaú Unibanco 40 Financials Brazil Itaúsa Investimentos Itau 40 Financials Brazil Localiza Rent A Car 20 Industrials Brazil Lojas Renner 25 Consumer Discretionary Brazil Magazine Luiza 25 Consumer Discretionary Brazil Natura & Co 30 Consumer Staples Brazil PagSeguro 45 Information Technology Brazil Petrobras 10 Energy Brazil Rede D'Or São Luiz 35 Health Care Brazil S.A.C.I. Falabella 25 Consumer Discretionary Chile Sociedad Química y Minera de Chile 15 Materials Chile Southern Copper Corp. 15 Materials Peru 45 Information Technology Brazil Vale 15 Materials Brazil Wal-Mart de México 30 Consumer Staples Mexico WEG Industries 20 Industrials Brazil
Country coverage
, the country coverage is the following:
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
External links S&P DJI page