May 3, 2016
There are 2,077 ASX-listed smaller companies stocks, known colloquially as small caps; that is, companies outside of the ASX-100 index. Of those, just 200 comprise the S&P/ASX Small Ordinaries Index, which represents the small cap members of the S&P/ASX 300 Index. The index covers approximately 7% of Australian equity market capitalisation.
To read this article and earn CPD points, click here.