- The iEdge Singapore Next 50 Index tracks the next 50 largest companies listed on the SGX Mainboard that fall just outside the top 30 STI constituents. S-REITs account for 15 out of the 50 constituent stocks of the Next 50 Index and carry a total weightage of 42.6% in aggregate.
Next 50 Index spreads liquidity to a broader spectrum of companies.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Composition: The index includes companies ranked 31st to 80th by market capitalisation, providing a broader view of the market.
- Variants: There are two variants of the iEdge Next 50 Index:
- Market Capitalisation Weighted Index: This reflects the relative size of each constituent. Index constituents are weighted using a capped free float market capitalisation weighting scheme, with a maximum weight cap of 5% per individual stock.
- Liquidity Weighted Index: This weights constituents based on turnover. Index constituents are weighted using a capped liquidity weighting scheme, based on six-month median daily traded value, with a maximum weight cap of 5% per individual stock.
- Investor Insight: The index serves as a lens into emerging leaders in Singapore’s corporate landscape, capturing trends in business transformation, governance, and capital management.
S-REITs are biggest beneficiaries of Next 50 Index.
- Read more at SGinvestors.io.
