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[EquisMetaStock Group] Re: GICS 60 & 65



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> Good data vendors out there will have level 2 indices available.

What Richard modestly failed to point out, is that PremiumData is probably 
the only quality ASX data supplier who provides level 2 indices.

http://www.premiumdata.net


jose '-)
http://www.metastocktools.com




--- In equismetastock@xxxxxxxxxxxxxxx, "Richard Dale" <richard@xxx> wrote:
>
> Hi John,
> 
> These are due to some historical reasons.
> 
> In Australia, the ASX has a LOT of property trusts listed.  They also
> have very big market caps.
> 
> At GICS level 1, there is no distinction between normal financial
> companies and property trusts.  Therefore, S&P came up with the bright
> idea to have one official "sector" containing everything (GICS "40" -
> Financial sector) and made up the other two as sectors.
> 
> So these two made up sectors are:
> 
> Property Trusts (level 1) "sector" aka GICS 60 is actually GICS Industry
> (Level 3) Real Estate Investment Trusts (GICS 404020).
> 
> Financials-x-Property Trusts aka GICS 65 is actually GICS Sector (Level
> 1) Financial (GICS 40) securities excluding those in the Level 3
> Industry Real Estate Investment Trusts (404020).
> 
> The reason they came up with this confusing reality is because they don't
> readily publish any sector indexes past level 1.  Good data vendors out
> there will have level 2 indices available.
>  
> 
> Best regards,
> Richard Dale.
> Norgate Investor Services
> - Premium quality Stock, Futures and Foreign Exchange Data for
>   markets in Australia, Asia, Canada, Europe, UK & USA -
> www.premiumdata.net 
> 
>
>
> From: John Nicholson [mailto:johnnic@...] 
> Sent: Thursday, 18 January 2007 12:49 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: RE: [EquisMetaStock Group] Re: GICS 60 & 65
> 
> 
> Jose
> 
> Thanks. At the moment, my whole life is one of confusion. :-) 
> 
> See the S&P site
> http://www2.standardandpoors.com/portal/site/sp/en/au/page.topic/
indices_asx300/2,3,2,8,0,0,0,0,0,0,3,1,6,0,7,0.html
> 
> They make constant references to GICS sectors 60 and 65, although I note
> that they don't include those separate sectors in other parts of their
> site.
> 
> John




 
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