S&P Latin America 40
{{Short description|Stock market index from Standard & Poor's}}
The S&P Latin America 40 is a stock market index from Standard & Poor's. 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 ({{NYSE Arca|ILF}}).[http://www.zacks.com/stock/news/100239/time-to-buy-these-top-ranked-latin-america-etfs Time to Buy These Top Ranked Latin America ETFs - May 28, 2013 - Zacks.com]
Constituent companies
{{Update|section|date=October 2024}}
{{As of|2022|01|20}}, the constituent stocks of the S&P Latin America 40 are:{{Cite web|url=https://www.ishares.com/us/products/239761/ishares-latin-america-40-etf|title=iShares Latin America 40 ETF|date=2021-11-01|access-date=2021-11-03|website=iShares by BlackRock}}
| class="wikitable sortable" |
| Company name || Ticker symbol || GICS || Industry || Country |
|---|
| AmBev
| {{NYSE|ABEV}} |align="center" |30 | Brazil |
| América Móvil
| {{BMV|AMX L|6024}} |align="center" |50 | Mexico |
| B3
| {{B3 (stock exchange)|cvm=21610|B3SA3}} |align="center" |40 | Brazil |
| Banco Bradesco
| {{NYSE|BBD}} |align="center" |40 | Banking | Brazil |
| Banco Santander Chile
| {{NYSE|BSAC}} |align="center" |40 | Banking | Chile |
| Banco de Chile
| {{BCS|CHILE}} |align="center" |40 | Banking | Chile |
| Banco do Brasil
| {{B3 (stock exchange)|cvm=1023|BBAS3}} |align="center" |40 | Banking | Brazil |
| Bancolombia
| {{NYSE|CIB}} |align="center" |40 | Banking | Colombia |
| BRF S.A.
| {{NYSE|BRFS}} |align="center" |30 | Brazil |
| CCR S.A.
| {{B3 (stock exchange)|cvm=18821|CCRO3}} |align="center" |20 | Brazil |
| Cemex
| {{BMV|CEMEX CPO|5203}} |align="center" |15 | Cement | Mexico |
| Cencosud
| {{BCS|CENCOSUD}} |align="center" |30 | Retail | Chile |
| Credicorp
| {{NYSE|BAP}} |align="center" |40 | Banking | Peru |
| Ecopetrol
| {{NYSE|EC}} |align="center" |10 | Oil | Colombia |
| Empresas CMPC
| {{BCS|CMPC}} |align="center" |15 | Chile |
| Empresas Copec
| {{BCS|COPEC}} |align="center" |10 | Energy | Chile |
| Enel Américas
| {{NYSE|ENIA}} |align="center" |55 | Chile |
| Fomento Económico Mexicano (FEMSA)
| {{BMV|FEMSA UBD|5305}} |align="center" |30 | Mexico |
| Fibra Uno
| {{BMV|FUNO 11|7556}} |align="center" |60 | Real estate investment trust | Mexico |
| Gerdau
| {{NYSE|GGB}} |align="center" |15 | Steel | Brazil |
| Grupo Financiero Banorte
| {{BMV|GFNORTE O|5433}} |align="center" |40 | Banking | Mexico |
| Grupo México
| {{BMV|GMEXICO B|6008}} |align="center" |15 | Mining | Mexico |
| Grupo Televisa
| {{BMV|TLEVISA CPO|5720}} |align="center" |25 | Media | Mexico |
| Interconexión Eléctrica
| {{BVC|ISA}} |align="center" |55 | Colombia |
| Itaú Unibanco
| {{NYSE|ITUB}} |align="center" |40 | Banking | Brazil |
| Itaúsa Investimentos Itau
| {{B3 (stock exchange)|cvm=7617|ITSA4}} |align="center" |40 | Banking | Brazil |
| Localiza Rent A Car
| {{B3 (stock exchange)|cvm=19739|RENT3}} |align="center" |20 | Brazil |
| Lojas Renner
| {{B3 (stock exchange)|cvm=8133|LREN3}} |align="center" |25 | Retail | Brazil |
| Magazine Luiza
| {{B3 (stock exchange)|cvm=22470|MGLU3}} |align="center" |25 | Retail | Brazil |
| Natura & Co
| {{B3 (stock exchange)|cvm=24783|NTCO3}} |align="center" |30 | Brazil |
| PagSeguro
| {{NYSE|PAGS}} |align="center" |45 | Brazil |
| Petrobras
| {{NYSE|PBR}} |align="center" |10 | Oil | Brazil |
| Rede D'Or São Luiz
| {{B3 (stock exchange)|cvm=24821|RDOR3}} |align="center" |35 | Brazil |
| S.A.C.I. Falabella
| {{BCS|FALABELLA}} |align="center" |25 | Retail | Chile |
| Sociedad Química y Minera de Chile
| {{NYSE|SQM}} |align="center" |15 | Chile |
| Southern Copper Corp.
| {{NYSE|SCCO}} |align="center" |15 | Mining | Peru |
| {{ill|StoneCo|pt|Stone Pagamentos}}
| {{NYSE|STNE}} |align="center" |45 | Brazil |
| Vale
| {{NYSE|VALE.P}} |align="center" |15 | Mining | Brazil |
| Wal-Mart de México
| {{BMV|WALMEX*|5214}} |align="center" |30 | Retail | Mexico |
| WEG Industries
| {{B3 (stock exchange)|cvm=5410|WEGE3}} |align="center" |20 | Brazil |
Country coverage
{{As of|2024|10|15}}, the country coverage is the following:{{Cite web|url=https://www.spglobal.com/spdji/en/idsenhancedfactsheet/file.pdf?calcFrequency=M&hostIdentifier=48190c8c-42c4-46af-8d1a-0cd5db894797&indexId=5475904
|title=S&P Latin America 40 Index (USD) Factsheet|date=2021-10-29|access-date=2024-10-15|website=S&P Dow Jones Indices}}
| class="wikitable sortable" |
| Country || No. of companies || Country weight |
|---|
| Brazil
| align="right"| 17 | align="right"| 62.6% |
| Mexico
| align="right"| 10 | align="right"| 24.2% |
| Chile
| align="right"| 9 | align="right"| 6.5% |
| Peru
| align="right"| 2 | align="right"| 5% |
| Colombia
| align="right"| 3 | align="right"| 1.7% |
| align="center"| Total
| align="right"| 41 | align="right"| 100.0% |
See also
References
{{reflist}}
External links
- [https://www.spglobal.com/spdji/en/indices/equity/sp-latin-america-40 S&P page]
{{S&P Latin America 40}}
{{DEFAULTSORT:SandP Latin America 40}}