S&P launches commodity and natural resources indices

The S&P Global Natural Resources Index, designed primarily for structured product providers and ETFs, provides coverage of the 60 largest companies across the primary commodity sectors of energy, agribusiness and metals and mining. Each of the sectors has two clusters – energy (oil, coal and gas), agribusiness (agriculture & livestock) and metals and mining (precious and industrial). The index sits within S&P's family of Global Thematic Indices and uses a modified cap weighting at the constituent level subject to stock level constraints (10% cap per stock). To ensure investability, a min...