NEW YORK, Nov. 8, 2010 /PRNewswire/ -- Cohen & Steers, Inc. announced today a pending change to its Global Realty Majors Portfolio Index (GRM) effective at the close of business on November 19, 2010.
Component change: Deletion and Replacement Cohen & Steers Global Realty Majors Portfolio Index Name: Index Index Symbol: GRM Free-Float Adjusted Modified Capitalization Calculation method: Weighted Index Deleted component symbol: CPA AU Deleted component name: Commonwealth Property Office Fund Replacement component symbol: GPT AU Replacement component name: GPT Group
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.
Cohen & Steers, Inc.; Global Realty Majors Portfolio Index
CONTACT: Francis C. Poli, Executive Vice President and General Counsel
of Cohen & Steers, Inc., +1-212-832-3232