NEW YORK, Feb. 8 /PRNewswire-FirstCall/ -- Cohen & Steers, Inc. announced a pending change to its Realty Majors Portfolio Index (RMP) today with an effective date of February 15, 2008.
Component change: Deletion and Replacement Index Name: Cohen & Steers Realty Majors Portfolio Index Index Symbol: RMP Calculation method: Modified Capitalization Weighted Index Deleted component symbol: CBL Deleted component name: CBL & Associates Properties Inc. Replacement component symbol: DEI Replacement component name: Douglas Emmett, Inc.
The Realty Majors Portfolio Index is a modified capitalization-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 RMP. The index's modified capitalization-weighted approach and qualitative screening process emphasize companies that the Cohen & Steers Index Committee believes are leading the securitization of real estate in the United States.
RMP 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.
