S&P ASX 300
Share Price & News
The S&P/ASX 300 (XKO) provides exposure to Australia’s large, mid and small-cap equities. It consists of all S&P/ASX 200 companies along with 100 smaller-cap companies that have market capitalisations’ above ~AU$100 million. The combined market capitalisation represents ~85% (March 2017) of Australia’s share market. S&P/ASX 200 offers optimum diversification. As of April 2021, stocks pertaining to all the 11 GICS (Global Industry Classification Standard) Sectors are available on the index. The financial and material sector own almost half of the index. The constituents of the index are subject to change, depending on the quarterly rebalancing by the index operator (S&P). Investors use the ASX 300 as a benchmark for superannuation portfolios and managed funds due to its exposure to smaller companies.
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