The S&P/ASX 300 (XKO) provides broad exposure to the Australian share market and contains all ASX 200 companies and approximately 100 smaller-cap shares. Constituents must meet liquidity and float-adjusted market capitalisation criteria. As at April 2016, the index accounted for 73% of the Australian equity market.
• Diverse mix of large, mid and small-cap shares.
• Rebalances occur biannually in March and September
Investment in the index can be achieved indirectly via the ASX listed Vanguard Australian Shares Index ETF (code: VAS). The fund provides exposure to all companies in the index and performance returns closely track the ASX 300 benchmark.