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January 11, 2004
The DEM 100
How well is the black capitalism going? It's aggregated by at least one investment company as follows:
The DEM Index is composed of 100 companies from the DEM Universe of companies. The DEM Index was designed to reflect the market capitalization and industry classification characteristics of the DEM Universe. The DEM Index companies are weighted by market capitalization. The DEM Index is intended as a performance measure of the DEM Universe of companies.
This comes from the Chapman Company, folks who at one time bought up Netnoir. I don't know if Barry Cooper is or was hooked up with them but it's an interesting bit of knowledge. They stopped updating the index last June for reasons that are unclear. My guess is that they weren't selling many index funds, because the track record looked good.
More traditionally we have the BE 100, but I'll be looking for other DEM like indices.
Posted by mbowen at January 11, 2004 11:53 AM
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