PR Newswire
NEW YORK, May 6, 2016
NEW YORK, May 6, 2016 /PRNewswire/ -- 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 May 20, 2016.
Component change:
|
Deletion and Replacement
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Index Name:
|
Cohen & Steers Global Realty Majors Portfolio Index
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Index Symbol:
|
GRM
|
Calculation method:
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Free-Float Adjusted Modified Market Capitalization Weighted
Index
|
|
|
Deleted component symbol:
|
WHA.NA
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Deleted component name:
|
Wereldhave NV
|
|
|
Deleted component symbol:
|
MGR.AU
|
Deleted component name:
|
Mirvac Group
|
|
|
Replacement component symbol:
|
LEG.GR
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Replacement component name:
|
LEG Immobilien AG
|
|
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Replacement component symbol:
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VCX.AU
|
Replacement component name:
|
Vicinity Centres
|
The Global Realty Majors Portfolio Index is a free-float adjusted, modified 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.
More information is available at cohenandsteers.com.
About Cohen & Steers. Cohen & Steers is a global investment manager specializing in liquid real assets,
including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred
securities and other income solutions. Founded in 1986, the firm is headquartered in New York
City, with offices in London, Hong Kong, Tokyo and Seattle.
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SOURCE Cohen & Steers, Inc.