Salomon Brothers World Equity Index - SBWEI

DEFINITION of 'Salomon Brothers World Equity Index - SBWEI'

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.

BREAKING DOWN 'Salomon Brothers World Equity Index - SBWEI'

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 TERMS
  1. Salomon Brothers

    Salomon Brothers, founded in 1910, was once one of the largest ...
  2. Floating Stock

    The number of shares available for trading of a particular stock. ...
  3. Float

    Money in the banking system that is briefly counted twice due ...
  4. Floating Rate Fund

    A mutual fund that invests in financial instruments with a variable ...
  5. Index Investing

    A form of passive investing that aims to generate the same rate ...
  6. Dirty Float

    A system of floating exchange rates in which the government or ...
Related Articles
  1. Investing

    Calculating Floating Stock

    Floating stock is the number of shares a company has available for trade in the open market.
  2. Investing

    Floating Stock

    Floating stock is the number of a company’s shares that are available for the public to buy and sell.
  3. ETFs & Mutual Funds

    FLOT: iShares Floating Rate Bond ETF

    Explore detailed analysis and information of the iShares Floating Rate Bond ETF, and learn how to use this ETF as a defense against rising interest rates.
  4. Investing

    What's a Market Index?

    A market index combines several stocks to create one aggregate value that’s used to measure a market’s or sector’s performance.
  5. Trading

    Understanding the Floating Exchange Rate

    Floating exchange rate is the exchange rate between two currencies at any given time.
  6. ETFs & Mutual Funds

    The Pros and Cons of Indexes

    Learn about the advantages and disadvantages of stock indexes and passive index funds. Discover how there is an opportunity cost to using index funds.
  7. Markets

    Understanding Capitalization-Weighted Indexes

    A capitalization-weighted index is a market index whose individual components are weighted according to their market capitalization.
  8. ETFs & Mutual Funds

    What is an Index?

    An index is a statistical means of calculating a change in an economy or market.
  9. Investing

    The One ETF To Own The Top Internet Company Stocks

    Grab a pie of booming online businesses in one shot! Here is the one ETF that lets you own stock in the top Internet companies.
  10. Markets

    What are Fixed-Income Securities?

    For a fixed-income security, the periodic return on the investment is the same throughout the life of the security. Principal is returned at the time of maturity. The payment can be in the form ...
RELATED FAQS
  1. What does floating stock tell traders about a particular stock?

    Learn about what floating stock tells a trader about a particular stock. One commonality of the biggest winners in stock ... Read Answer >>
  2. Why does float usually increase at the beginning of the week?

    Find out more about float and how checking float is created in the American banking system. Learn more about why the Federal ... Read Answer >>
  3. How does float affect the nation's money supply?

    Learn how float affects the appearance of the nation's money supply, and receive a brief lesson on how the U.S. government ... Read Answer >>
  4. What is the difference between holdover float and transportation float?

    Find out about float, which may become a thing of the past due to the steady decline of check writing and new services in ... Read Answer >>
  5. What exactly is a company's float?

    The term "float" refers to the regular shares that a company has issued to the public that are available for investors to ... Read Answer >>
  6. What months of the year typically have the highest float?

    Learn more about how float occurs within the United States and how it is monitored. Find out why float frequently happens ... Read Answer >>
Hot Definitions
  1. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  2. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  3. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  4. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  5. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  6. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
Trading Center