What is the ASX All Ordinaries Gold?

Submitted by Share Trading on 9 March, 2010 - 18:39

The S&P/ASX All Ordinaries Gold Index (XGD)

S&P/ASX All Ordinaries Gold Index includes companies in the Gold sub-industry of the All Ordinaries Index. This index has a stock code of XGD. This index is a component of the Metals and Mining Sector and includes companies engaged in the production of gold and gold-related products. The constituents are drawn from the All Ordinaries universe of companies and follow the All Ordinaries index methodology. The index includes a wide range of companies within the Gold sub-industry of the Global Industry Classification Standard (GICS), and therefore, serves as an ideal broad market indicator for the Gold industry. S&P/ASX All Ordinaries Gold Index includes companies in the Gold sub-industry of the All Ordinaries Index.

The S&P/ASX All Ordinaries Gold Index is of significant benefit to the gold industry, helping to raise the profile of this vital market sector. The constituents of the S&P/ASX All Ordinaries Gold Index are drawn from the All Ordinaries universe of companies and follows the All Ordinaries index methodology. Therefore, companies included in this index are not filtered for liquidity or adjusted for free-float. For this reason, the index includes a wide range of companies, and therefore serves as an ideal broad market indicator for the Gold industry. The index is rebalanced in line with the rebalancing of the broader S&P/ASX All Ordinaries Index.

Some companies which comprise the ASX All Ordinaries Gold index include: (as of 8 March 2010)

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