# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

S&P/IFCI Composite

Written By
Paul Tracy
Updated November 4, 2020

What is the S&P/IFCI Composite?

The S&P/IFCI Composite is a liquid and investable leading emerging market index. It is a subset of the S&P Emerging Plus Broad Market Index, with the addition of South Korea.

How Does the S&P/IFCI Composite Work?

The S&P/IFCI covers approximately 1889 companies from 20 leading emerging countries including China, Brazil, South Korea, Taiwan and India (which have the 5 highest weightings in the index).

The S&P/IFCI is also one of the three indices included in the S&P Global Equity Index series. The other two, S&P Frontier BMI and the S&P Global BMI, cover frontier markets and developed/emerging markets, respectively. 

To be considered for inclusion in the index, all listed companies within the constituent country must meet certain criteria, including a market capitalization of at least U.S. $200 million and an annual trading volume of U.S. $100 million. For a country to be admitted to the index, it must be politically stable and have legal property rights and procedures, among other criteria.

The top 10 company constituents of this index fund can be found on the S&P/IFCI page.

Why Does the S&P/IFCI Composite Matter?

The S&P/IFCI can be used as a benchmark for the leading emerging market equities portion of an investor's portfolio and to track the performance of a specific leading emerging market's stock, mutual fund, or ETF.

Though there is no ETF that directly tracks the S&P IFCI, an investor may consider simply investing in a leading emerging market ETF, such as the Vanguard Emerging Markets ETF (NYSE:VWO).

The Bloomberg symbol for this index is IDRICOPD.

Ask an Expert about S&P/IFCI Composite
At InvestingAnswers, all of our content is verified for accuracy by Paul Tracy and our team of certified financial experts. We pride ourselves on quality, research, and transparency, and we value your feedback. Below you'll find answers to some of the most common reader questions about S&P/IFCI Composite.
Be the first to ask a question

If you have a question about S&P/IFCI Composite, then please ask Paul.

Ask a question

Paul has been a respected figure in the financial markets for more than two decades. Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers.

If you have a question about S&P/IFCI Composite, then please ask Paul.

Ask a question Read more from Paul

Read this next

Paul Tracy - profile
Ask an Expert about S&P/IFCI Composite

By submitting this form you agree with our Privacy Policy

Share
close
Don't Know a Financial Term?
Search our library of 4,000+ terms