Dow jones global index (djgi), Financial Management

Assignment Help:

Dow Jones Global Index (DJGI)

The DJGI aims to cover 95% of market capitalisation at country level. As with FTSE and MSCI, there are the same 23 developed markets, but with greater coverage many more names are included. The DJGI universe is created by first aggregating all stocks traded on the local exchanges of eligible countries and assigning each company to the country of its primary market listing. After screening out non-common issues and illiquid stocks, each remaining company is assigned to an industry group according to its primary line of business. The selection process then proceeds at the country level (for developed markets excluding Europe) or at the aggregate level (for all Europe and all emerging markets).

These indices are designed to be investable by including only sufficiently liquid stocks. Issues under consideration for index inclusion are screened to ensure that they are actively traded and are readily accessible to investors. The indices are free float adjusted to exact percentages, with a minimum 5% free float requirement. At the end of May 2007, the DJGI was composed of 2500 largest capitalized companies stocks across 34 countries, with a total market capitalisation of over US$44 trillion after investability adjustment.


Related Discussions:- Dow jones global index (djgi)

Determine the value of the forward contract, Mr. Lam holds title to an asse...

Mr. Lam holds title to an asset worth €125.72. In order to raise money for an unrelated purpose, he plans to sell the asset in nine months. But Mr. Lam is concerned about the uncer

Domestic bonds, They are issued in the local market by a domestic bor...

They are issued in the local market by a domestic borrower and are usually denominated in the local currency. For example, US companies issuing bonds to US reside

What are the measures of growth, What are the Measures of growth Sa...

What are the Measures of growth Sales or market share Number of products or markets Employees Profit Number of retail stores

Explain significance of the additional funds needed (afn), Explain the sign...

Explain the significance of the term additional funds needed. While the pro forma balance sheet is completed, total assets and total liabilities and equity will hardly match.

What are the predator shareholders, What are the Predator shareholders ...

What are the Predator shareholders Predator company's shareholders mayn't approve the bid for various reasons. Reduction in EPS If consideration is

Alternative dividend policies, The managing directors of three profitable l...

The managing directors of three profitable listed companies discussed their companies'' dividend policies at a business lunch. Company A; has deliberately paid no dividends for th

What do you signify by risk analysis in capital budgeting, Q. What do you s...

Q. What do you signify by Risk Analysis in Capital Budgeting? Risk Analysis: - Risk in an investment demotes to the variability that is likely to observe between the estimated

What are the internal audits, What are the Internal audits Internal au...

What are the Internal audits Internal audit is seen as independent from management who are devising and implementing internal controls and must be able to provide advice on in

Unemployed loans, where can i found a loan if i am unemployed ?

where can i found a loan if i am unemployed ?

Implications of gordon’s fundamental valuation, Q. Implications of Gordons ...

Q. Implications of Gordons fundamental valuation? Explanation: - The implications of Gordon's fundamental valuation may be as below: (1) While the rate of return of the firm

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd