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Aramco Won't Have Much Impact on Major Indexes. Here's Why.

Most index-fund owners won't notice a difference.

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This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud.

The initial public offering for Saudi Aramco, Saudi Arabia’s state-owned oil company, will shatter the global record for an IPO, raising more than $25 billion and valuing the company at $1.7 trillion.

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Tom Lauricella does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.