S&P Indices Launches S&P/MILA 40: Latin America’s Second-Largest Exchange
Posted by admin on September 3, 2011 · Leave a Comment
Santiago, Bogotá, Lima Aug. 29, 2011

New Index to Serve as the Primary Measure of Latin America Equity Market Performance
New York, August 29, 2011 – S&P Indices announced today the launch of the first in a series of indices designed to measure the performance of the MILA Integrated Market. The S&P MILA 40 gauges the returns of the largest and most liquid stocks trading on the Mercado Integrado Latino Americano (MILA) platform, an integrated trading venture formed by the Chile, Colombia and Perú stock exchanges.
The agreement between MILA and S&P Indices, formally announced today at a signing ceremony in Santiago, Chile, will result in the development of additional, broad-market and sector indices intended to capture the performance of stocks offered in the three MILA countries.
“Equities from the Andean nations have been among the best performing stocks in all emerging markets,” said Alka Banerjee, Vice President of Global Equity Indices at S&P Indices. “The S&P MILA 40 has been designed to provide local and international investors alike with a sound benchmark by which to judge and follow their investments in this important region of the world.”
S&P MILA 40 is a rules-based index that aims to provide investors with an easily replicable, yet representative benchmark of these three markets, which represent the region’s most liquid and investable markets. The initial selection universe for the Index includes all stocks that are domiciled in Chile, Colombia and Peru and trade on the MILA Stock Exchange as domestic stocks. To be eligible, stocks must have a float-adjusted market capitalization above US $100 million as of the rebalancing reference date.
For more information on the S&P/MILA 40, please visit: http://bit.ly/oec0C3
About S&P Indices
S&P Indices, a world leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor’s family of indices, which includes the S&P 500, the world’s most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry’s most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.
Standard & Poor’s does not sponsor, endorse, sell or promote any S&P index-based investment product. This document does not constitute an offer of services in jurisdictions where Standard & Poor’s or its affiliates do not have the necessary licenses. Standard & Poor’s receives compensation in connection with licensing its indices to third parties.
For more information contact:
David Guarino
Communications
Standard & Poor’s
(+1) 212 438 1471
dave_guarino@standardandpoors.com








