S&P Latin America 40

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 major 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 USD$ 450.07 billion.

There is an ETF tracking this index (ILF).[1]

Constituent companies

As of June 30 2014, the constituent stocks of the S&P Latin America 40 are:

Company name Ticker symbol GICS Industry Country
ALFA BMV: ALFA A 20 Conglomerate Mexico Mexico
América Móvil BMV: AMX L 50 Telecommunications Mexico Mexico
Banco Bradesco NYSE: BBD 40 Banking Brazil Brazil
Banco Santander Chile NYSE: BSAC 40 Banking Chile Chile
Banco de Chile BCS: CHILE 40 Banking Chile Chile
Banco do Brasil BM&F Bovespa: BBAS3 40 Banking Brazil Brazil
Bancolombia NYSE: CIB 40 Banking Colombia Colombia
BM&F Bovespa BM&F Bovespa: BVMF3 40 Stock Exchange Brazil Brazil
BRF S.A. NYSE: BRFS 30 Food processing Brazil Brazil
CCR S.A. BM&F Bovespa: CCRO3 20 Transportation Brazil Brazil
Cemex BMV: CEMEX CPO 15 Cement Mexico Mexico
Cencosud BCS: CENCOSUD 30 Retail Chile Chile
Cielo S.A. BM&F Bovespa: CIEL3 45 Financial services Brazil Brazil
Compañía de Minas Buenaventura NYSE: BVN 15 Mining Peru Peru
Companhia Energetica de Minas Gerais (CEMIG) NYSE: CIG 55 Energy Brazil Brazil
Companhia Siderúrgica Nacional NYSE: SID 15 Steel Brazil Brazil
Companhia de Bebidas das Americas (AmBev) NYSE: ABEV 30 Beverages Brazil Brazil
CPFL Energia NYSE: CPL 55 Energy Brazil Brazil
Credicorp NYSE: BAP 40 Banking Peru Peru
Ecopetrol NYSE: EC 10 Oil Colombia Colombia
Grupo Elektra BMV: ELEKTRA * 25 Retail Mexico Mexico
Empresa Nacional de Electricidad (Endesa) NYSE: EOC 55 Energy Chile Chile
Empresa Brasileira de Aeronáutica (Embraer) NYSE: ERJ 20 Aerospace/Defense Brazil Brazil
Empresas CMPC BCS: CMPC 15 Paper/Pulp Chile Chile
Empresas Copec BCS: COPEC 10 Energy Chile Chile
Enersis NYSE: ENI 55 Energy Chile Chile
Fomento Económico Mexicano (FEMSA) BMV: FEMSA UBD 30 Beverages Mexico Mexico
Gerdau NYSE: GGB 15 Steel Brazil Brazil
Grupo Financiero Banorte BMV: GFNORTE O 40 Banking Mexico Mexico
Grupo Televisa BMV: TLEVISA CPO 25 Media Mexico Mexico
Itaú Unibanco NYSE: ITUB 40 Banking Brazil Brazil
Itaúsa Investimentos Itau BM&F Bovespa: ITSA4 40 Brazil Brazil
LATAM Airlines Group NYSE: LFL 20 Airline Chile Chile
Petrobras NYSE: PBR.A 10 Oil Brazil Brazil
S.A.C.I. Falabella BCS: FALABELLA 25 Retail Chile Chile
Sociedad Química y Minera de Chile NYSE: SQM 15 Agricultural Chemicals Chile Chile
Southern Copper Corp. NYSE: SCCO 15 Mining Peru Peru
Ultrapar Participacoes S.A. BM&F Bovespa: UGPA3 10 Energy Brazil Brazil
Vale NYSE: VALE.P 15 Mining Brazil Brazil
Wal-Mart de México BMV: WALMEX V 30 Retail Mexico Mexico

Country coverage

The country coverage is the following:

Country No. of issues Country weight
Brazil Brazil 17 52.9%
Chile Chile 10 9.8%
Mexico Mexico 8 30.7%
Peru Peru 3 4.1%
Colombia Colombia 2 2.4%
Total 40 100%

[2]

See also

References

External links

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