The S&P GSCITM provides investors with a reliable and publicly available benchmark for investment performance in the commodity markets. The S&P GSCITM is also designed to be a “tradable” index, readily accessible to market participants and cost efficient to implement. The index is calculated primarily on a world production-weighted basis and is comprised of the principal physical commodities that are the subject of active, liquid futures markets. As a result, the index is widely recognized as a leading measure of general price movements and inflation in the world economy.
Index exhibits the following characteristics:
- Weighting: On a world-production weighted basis
- Contracts:Non-financial commodities
- Currency: U.S. dollar denominated
- Domicile: Traded on or through a trading facility which has its principal place of business in an OECD member country
Source: Standard & Poor'sS&P GSCITM
