Methodology Changes Announced for S&P Dow Jones Indices
NEW YORK, Feb. 27, 2013 /PRNewswire/ -- S&P Dow Jones Indices today announces revisions to S&P Global Indices, S&P U.S. Indices and Dow Jones Global Indices to be effective with the March quarterly review after the close of trading on Friday, March 15:
- All weekly share change announcements will be made on Fridays at 5:15 pm for implementation the following Friday night (Monday morning effective date). Previously, all weekly share changes were announced on Wednesday night for implementation the following Wednesday night.
- Mortgage REITs (GICS code 40402030) will now be eligible for inclusion in S&P Global Indices and S&P U.S. Indices provided they meet all other index inclusion criteria. Previously, mortgage REITs were not eligible for inclusion. The mortgage REITs sub industry group has grown substantially in market capitalization over the past decade and these companies provide institutional and individual investors with diversification and an opportunity to gain exposure to the real estate financing markets.
Methodology documents will be updated to reflect these changes.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial AverageSM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any S&P Dow Jones Indices index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
STANDARD & POOR'S and S&P are registered trademarks of Standard & Poor's Financial Services LLC. "Dow Jones" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones")
For more information:
S&P Dow Jones Indices
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
SOURCE S&P Dow Jones Indices