Cohen & Steers Announces Change in Global Realty Majors Portfolio Index
March 13 2009 - 4:58PM
PR Newswire (US)
NEW YORK, March 13 /PRNewswire-FirstCall/ -- Cohen & Steers,
Inc. (NYSE: CNS) announced today a pending change to its Global
Realty Majors Portfolio Index (GRM) effective at the close of
business on March 20, 2009. Component change: Deletion and
Replacement Index Name: Cohen & Steers Global Realty Majors
Portfolio Index Index Symbol: GRM Calculation method: Modified
Capitalization Weighted Index Deleted component symbol: GMG AU
Deleted component name: Goodman Group Replacement component symbol:
688 HK Replacement component name: China Overseas Land &
Investment Ltd. The Global Realty Majors Portfolio Index is a
free-float, market-cap-weighted total return index of selected real
estate equity securities. It is quoted intraday on a real-time
basis by the Chicago Mercantile Exchange under the symbol GRM. The
index's free-float market capitalization approach and qualitative
screening process emphasize companies that the Cohen & Steers
Index Committee believes are leading the securitization of real
estate globally. GRM can be used as an indexing benchmark, stock
selection universe, underlying index for derivative instruments or
performance benchmark. All index weightings are independently
calculated by Standard & Poor's. DATASOURCE: Cohen &
Steers, Inc. CONTACT: Francis C. Poli, Executive Vice President and
General Counsel of Cohen & Steers, Inc., +1-212-832-3232 Web
Site: http://www.cohenandsteers.com/
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