Cohen and Steers Global ... (AMEX:GRI)
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NEW YORK, Aug. 8 /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 August 15, 2008.
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: 8804.JP
Deleted component name: Tokyo Tatemono Co LTD
Deleted component symbol: GFJ.GR
Deleted component name: Gagfah SA
Deleted component symbol: IVG.GR
Deleted component name: IVG Immobilien AG
Deleted component symbol: GPT.AU
Deleted component name: GPT Group
Replacement component symbol: CPA.AU
Replacement component name: Commonwealth Property Office
Replacement component symbol: DEI
Replacement component name: Douglas Emmett Inc.
Replacement component symbol: WRI
Replacement component name: Weingarten Realty Investors
Replacement component symbol: BEI-U.CN
Replacement component name: Boardwalk Real Estate Invest
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,
Cohen & Steers Capital Management, Inc., +1-212-832-3232
Web site: http://www.cohenandsteers.com/