NEW YORK, May 8, 2015 /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 15, 2015
|
Component
change:
|
Deletion and
Replacement
|
|
Index
Name:
|
Cohen & Steers
Global Realty Majors Portfolio Index
|
|
Index
Symbol:
|
GRM
|
|
Calculation
method:
|
Free-Float Adjusted
Modified Market Capitalization Weighted Index
|
|
|
|
Deleted component
symbol:
|
SKT.US
|
|
Deleted component
name:
|
Tanger Factory Outlet
Centers, Inc.
|
|
|
|
Replacement component
symbol:
|
EXR.US
|
|
Replacement component
name:
|
Extra Space Storage,
Inc.
|
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. Founded in 1986, Cohen
& Steers is a leading global investment manager with a long
history of innovation and a focus on real assets, including real
estate, infrastructure and commodities, along with preferred
securities and other income solutions. Headquartered in
New York City, with offices in
London, Hong Kong, Tokyo and Seattle, Cohen & Steers serves
institutional and individual investors around the world.
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SOURCE Cohen & Steers, Inc.