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How is the S&P/ASX 20 index calculated?

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How is the S&P/ASX 20 index calculated?

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Standard & Poor’s is recognised internationally as Australia’s principal investable equity index. The S&P/ASX 20 index includes actively traded and highly liquid securities that are among the 20 largest securities listed on the ASX. It is the narrowest capitalisation-based index in the S&P/ASX index family, covering 46% of the Australian equity market capitalisation.

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