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FTSE has launched the FTSE Colombia 20 Index, a new index representing the performance of the 20 largest and most liquid companies in one of the world's high growth emerging markets.
The FTSE Colombia 20 Index is designed to reflect the performance of the most liquid Colombian securities and is ranked by 6 months’ daily average traded value. The index employs a unique capping methodology making it suitable for the use as the basis for investment products such as derivatives and Exchange Traded Funds (ETFs).
The index is heavily weighted in Oil & Gas, Banks, and Financial Services as classified by ICB supersector.