Which of the following statements about the S&P/TSX 60 stock index is(are) true?
1) It is a market value weighted index.
2) It is designed to mimic the performance of the S&P/TSX Composite Index.
3) The base value of 100 was set in 1998, its inception date.
4) It is maintained by the Standard and Poor's Corporation.

Question

Quizplus · Accepted Answer

1) The S&P/TSX 60 is indeed a market value weighted index, meaning companies with higher market capitalizations have a greater impact on the index's performance. 2) It is not designed to mimic the S&P/TSX Composite Index but rather is a subset of it, representing the largest companies by market capitalization. 4) It is maintained by the Standard and Poor's Corporation, which is responsible for its calculation and publication.

Which of the Following Statements About the S&P/TSX 60 Stock