Dow Jones U.K. Smaller Companies Index

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Dow Jones Indexes launched the Dow Jones U.K. Smaller Companies Index on September 8, 2009. The index provides market participants with a comprehensive measure of the United Kingdom's small and micro cap segments.

The index currently includes 188 stocks from the London Stock Exchange, including those traded on the Alternative Investment Market (AIM). The Dow Jones U.K. Smaller Companies Index is designed to provide a complete view of the U.K. small and micro cap segment and will serve Dow Jones Newswires as a benchmark for its extended U.K. small cap coverage.

Dow Jones Newswires has been expanding its coverage of smaller U.K. companies and plans to use the new index as a reference.[1]

The index will contain all equity issue stocks, REITs or similar securities with readily available prices that trade in the U.K. To be included in the index, stocks must fall between the 97% and 99% of cumulated free-float market capitalization of the index universe.

The index is available in price and total return versions, and is reviewed quarterly in March, June, September and December. It is also examined on an ongoing basis to account for corporate actions such as mergers, de-listings or bankruptcies.

The Dow Jones U.K. Smaller Companies Index is calculated in pounds sterling and U.S. dollars, and is weighted by float-adjusted market capitalization.