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)

Profitability ratios, A holder in debt obligation, though does not ha...

A holder in debt obligation, though does not have any opportunity to share in the economic growth of the firm, is interested in a firm's profitability because it

Define the pros and cons of commercial paper, What are the pros and cons of...

What are the pros and cons of commercial paper relative to bank loans for a company seeking short-term financing? Commercial paper is generally a cheaper source of short-term fin

Differentiate global and american depository receipts, What is Global Depos...

What is Global Depository Receipts American / Global Depository Receipts (ADRs/ GDRs) Equity shares which are offered in international markets to international investors a

Operating cycle, applicability of operating cycle in poultry

applicability of operating cycle in poultry

Discuss the scope and nature of financial management, Q. Describe Financial...

Q. Describe Financial Management. Discuss the scope and nature of financial management. What role could the financial manager play in a modern organization? Describe the scope o

Finance, a recent business school graduate, you work directly for the corpo...

a recent business school graduate, you work directly for the corporate treasurer. Your corporation is going to issue a new security plan and is concerned with the probable flotatio

Clearly explain speculation, QUESTION 1 Assuming perfect capital mobili...

QUESTION 1 Assuming perfect capital mobility under Mundell-Fleming Model, clearly explain the effectiveness of- i) an expansionary fiscal policy under a fixed exchange rate

Historical inflation and stock value experience, Historical Inflation and S...

Historical Inflation and Stock Value Experience The experimental evidence denies the status of stocks as a good hedge against inflation. A study conducted by Ibbotson and Brins

Determine the financial requirements of the business, Q. Determine the fina...

Q. Determine the financial requirements of the business ? Decisive the Financial Needs: - The initial task of the financial management is to estimate and determine the financia

Distinguish between lease and hire purchase, Distinguish between Lease and ...

Distinguish between Lease and Hire Purchase. What are the circumstances in which each of the system of financing is better than other?

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