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.