Salomon Brothers World Equity Index - SBWEI

Dictionary Says

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.
Investopedia Says

Investopedia explains '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 Definitions

  • Float

    1. The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares. 2. A float can also refer to a ...
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  • Index

    A statistical measure of change in an economy or a securities market. In the case of financial markets, an index is an imaginary portfolio of securities representing a particular market ...
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  • Top-Down Investing

    An investment approach that involves looking at the "big picture" in the economy and financial world and then breaking those components down into finer details. After looking at the big ...
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