SMI MID
 | |
| Foundation | 15 November 2004 (history from 3 January 1996) |
|---|---|
| Operator | SIX Swiss Exchange |
| Exchanges | SIX Swiss Exchange |
| Trading symbol | SMIM |
| Constituents | 30 |
| Type | Mid-cap, price index |
| Market cap | CHF 245 billion (full, end 2017)[1] |
| Weighting method | Market-value-weighted, free-float-adjusted |
| Related indices | SMI, SMI Expanded, SPI 20 |
| Website | www.six-group.com |
The SMI MID (SMIM) is a stock index which lists Switzerland's mid-cap companies. The index is calculated by SIX Swiss Exchange. [1]
It includes the 30 Prime Standard shares from sectors that rank immediately below the companies included in the Swiss Market Index. The company size is based on terms of order book volume and market capitalization. [1]
The SMI MID was introduced on 15 November 2004, computed back to 3 January 1996 with a baseline value of 1000 points as of 31 December 1999 [1]. Its composition is examined once a year. Calculation takes place in real-time: as soon as a new transaction occurs in a security contained in the SMI MID, an updated index level is calculated and displayed.
In 2020, the SMI MID, along with other SIX indices, was endorsed under the EU Benchmarks Regulation and is registered with the European Securities and Markets Authority, which means that it can be used as an underlying for financial products sold in the EU[2].
Constituents
The following 30 stocks make up the SMI MID index as of June 29, 2020.[3][4] All components are mid-caps, except Partners Group, which is a large cap.[4]
| Company | Sector | Canton | Ticker symbol |
|---|---|---|---|
| ams | semiconductors | (Austria) | AMS |
| Bâloise | Life insurance | Basel | BALN |
| Barry Callebaut | food product | Zurich | BARN |
| BB Biotech | biotechnology | Schaffhausen | BION |
| Bucher Industries | industrial goods and services | Zurich | BUCN |
| Clariant | specialty chemicals | Basel-Country | CLN |
| Dormakaba | security technology | Zurich | DOKA |
| Dufry | Duty-free shop | Basel | DUFN |
| Ems-Chemie | specialty chemicals | Graubünden | EMSN |
| Flughafen Zürich | airports | Zurich | FHZN |
| Georg Fischer | machine building | Schaffhausen | FI-N |
| Helvetia Insurance | full line insurance | St. Gallen | HELN |
| Julius Bär | banks | Zurich | BAER |
| Kuehne + Nagel | logistics | Schwyz | KNIN |
| Lindt & Sprüngli | food product | Zurich | LISN / LISP |
| Logitech | computer peripherals | Vaud | LOGN |
| OC Oerlikon | engineering | Schwyz | OERL |
| Partners Group | private equity | Zug | PGHN |
| PSP Swiss Property | real estate | Zug | PSPN |
| Schindler Group | machine building | Lucerne | SCHN / SCHP |
| Sonova | medical devices | Zurich | SOON |
| Straumann | pharmaceuticals | Basel | STMN |
| Sunrise | Telecommunications | Zurich | SRCG |
| Swatch Group | clothing and accessories | Bern | UHRN |
| Swiss Prime Site | real estate | Soloturn | SPSN |
| Temenos Group | software | Geneva | TEMN |
| VAT Group AG | vacuum engineering | St.Gallen | VACN |
| Vifor Pharma | pharmaceuticals | Zurich | VIFN |
See also
References
- ^ a b c d "SMI Family – Factsheet" (PDF). SIX Swiss Exchange. Retrieved 17 April 2019.
- ^ "Swiss Indices Endorsed Under the EU Benchmarks Regulation". SIX Swiss Exchange. Retrieved 12 April 2020.
- ^ "SMI MID (SMIM)". SIX Swiss Exchange. Retrieved 2020-06-29.
- ^ a b "Index adjustments on the occasion of the ordinary index review" (PDF). SIX Swiss Exchange. Retrieved 10 October 2019.
External links
 SMI MID (SMIM) companies of Switzerland | |
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