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Salomon Brothers World Equity Index - SBWEI
What does it mean?
An index that measures the performance of fixed-income and equity securities from domestic and international markets that consist of companies with a float of at least $100 million.
In Other Words...
The Salomon Brothers World Equity Index uses a top-down approach to evaluating companies. Each security within the SBWEI index is weighted according to its float. The SBWEI index includes securities from over 6000 companies located in 22 different countries.
Related Links
Index Investing Tutorial - Get to know the most important market indexes, and the advantages and disadvantages of investing in them.
Related Terms
Float | Index | Top-Down Investing
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