New Addition to Dow Family
In a press release, President of Dow Jones Indexes Michael A. Petronella, noted that with the ongoing increase in the world’s population and the maturing of emerging markets, the consumption of commodities also increases, and many of these commodities are limited. The new Dow Jones Global Commodity Equity 100 Index series allows investors to follow companies and identify market opportunities in the categories of energy, agriculture and scarcity.
The Dow Jones Global Equity Agriculture Index will include businesses related to the production of commodities in sectors such as agriculture biotech; fertilizer; livestock; palm oil; timber; and agricultural equipment and services. Included in the Dow Jones Global Equity Energy Index are businesses related to the sectors of natural gas and coal; crude and unleaded gas; and oil equipment, services and distribution. The Dow Jones Global Equity Scarcity Index includes the sectors of water; natural gas; crude and unleaded gas; coal, iron and steel; rare earth metals and other base metals; and gold and other precious metals.
Companies appearing on the new Dow Jones Global Commodity Equity 100 Index are sourced from the Dow Jones Global Total Stock Market Index. This index covers more than 98% of the global capitalization and represents 65 countries. While the index most readily equated with stock markets, even by Main Street, is the Dow Jones Industrial Average, Dow Jones Indexes offer over 130,000 equity indexes.