re: Ann: ZSP: S&P DJ Indices Announces June Q... Below is...

re: Ann: ZSP: S&P DJ Indices Announces June Q... Below is definition of the two indices: Basically All Australian excludes companies also listed on overseas exchanges and/or incorporated oversea.

I agree, All Australian 200 it is probably an index causing unnecessary confusion.

Ref: http://au.spindices.com/regional-exposure/asia-pacific/australia

S&P/ASX All Australian 200. Launched in June 2007, the S&P/ASX All Australian 200 is made up of ASX listed securities that have been defined as ‘domestic’ or ‘Australian’ for index purposes. The S&P/ASX All Australian 200 is comprised of highly liquid constituents that are considered to be 200 of the largest index-eligible Australian securities listed on the ASX by float-adjusted market capitalization. The S&P/ASX All Australian 200 follows the same index construction rules relating to market capitalization and liquidity that are applied to the S&P/ASX 200. The only exception relates to the index eligibility of securities, with eligibility extending to Australian securities only.
For a complete definition of “Domestic/Australian” securities, please refer to the section on Eligibility Criteria.

S&P/ASX 200. Upon its introduction in April 2000, the S&P/ASX 200 replaced the All Ordinaries index as the primary gauge for the Australian equity market. The S&P/ASX 200 measures the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalization. Representative, liquid and tradable, it is widely considered Australia’s preeminent benchmark index. The index is float-adjusted, covering approximately 80% of Australian equity market capitalization. Listed companies place immense significance on their membership in the S&P/ASX 200 index. Inclusion in the index generates significant institutional interest for constituents, and proliferates widespread media and buy/sell side analytical coverage.

Domestic. A company is considered to be domestic if:
• The company is incorporated in Australia and traded on the ASX; or
• The company is incorporated overseas but has an exclusive listing on the ASX; or
• The company is incorporated overseas and is traded on other overseas markets, but most of the trading activity occurs on the ASX.

Foreign-Domicile. Generally, a foreign-domicile company is a company that is:
• Incorporated overseas; and/or
• Listed on one or more overseas markets; and
• Has the majority of its trading activity occurring on an overseas exchange.