S&P Smit 40 Index tracks 'Next 11' emerging markets as investors look beyond Brics

Emerging markets
Exposure to South Korea, Mexico, Indonesia and Turkey

S&P Dow Jones Indices has launched a new index that tracks four of the so-called 'Next 11' economies as investor interest in emerging markets spreads beyond Brazil, Russia, India and China (Brics). The S&P Smit 40 Index, which was launched on October 22, measures the performance of 40 leading companies from South Korea, Mexico, Indonesia and Turkey (Smit).

"Equity market growth in the Bric countries has tapered off a little and the performance of smaller emerging markets has been better, especia

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