In today’s briefing:
- S&P/ASX All Technology Index: GICS Changes, Market Consultation & Potential Index Changes
S&P/ASX All Technology Index: GICS Changes, Market Consultation & Potential Index Changes
- Global Industry Classification Standard (GICS) structure updates will lead to changes to the S&P/ASX All Technology Index at the March rebalance.
- To better reflect the GICS changes and reduce constituent turnover, S&P DJI has proposed changes to the index universe for constituent selection.
- We expect there will be 4 deletions from the index in March, but that could increase to 10 if the changes are not adopted.
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