NEW YORK, March 29 /PRNewswire/ -- Standard & Poor's, the world's leading index provider, announced today that it has licensed the S&P SmallCap 600 Capped Sector Indices to Invesco PowerShares to serve as the underlying for a soon to be launched family of exchanged traded funds ("ETFs") based upon the Indices.
The S&P SmallCap 600 Capped Sector Indices impose capped weights on the index constituents of the S&P SmallCap 600 Sector Indices. All stocks included in the series are classified according to the Global Industry Classification Standard (GICS), and maintain the same classification as found in the parent S&P SmallCap 600 Index.
While GICS is divided into 10 sectors, the S&P SmallCap 600 Capped Sector Indices combine the Utilities and Telecommunication Services into one sector. Below is a list of the nine indices licensed to Invesco PowerShares:
-- S&P Small Cap Capped Consumer Discretionary Index -- S&P Small Cap Capped Consumer Staples Index -- S&P Small Cap Capped Energy Index -- S&P Small Cap Capped Financials Index -- S&P Small Cap Capped Health Care Index -- S&P Small Cap Capped Industrials Index -- S&P Small Cap Capped Materials Index -- S&P Small Cap Capped Information Technology Index -- S&P Small Cap Capped Utilities & Telecommunication Services Index
For more information on the S&P SmallCap 600 Capped Sector Indices, please visit: http://www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P Global 1200, a composite index comprised of seven regional and country headline indices, the S&P Global BMI, an index with approximately 11,000 constituents, and the S&P GSCI, the industry's most closely watched commodities index. For more information, please visit http://www.standardandpoors.com/indices.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies , is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/
Standard & Poor's does not sponsor, endorse, sell or promote any S&P index-based investment product.
Standard & Poor's
CONTACT: David R. Guarino, Communications, Standard & Poor's,
+1-212-438-1471, dave_guarino@standardandpoors.com
Web Site: http://www.standardandpoors.com/
