NEW YORK, Feb. 4, 2011 /PRNewswire/ -- Cohen & Steers, Inc. announced today a pending change to its Global Realty Majors Portfolio Index (GRM) effective at the close of business on February 18, 2011.
Component change: Deletion and Replacement Index Name: Cohen & Steers Global Realty Majors Portfolio Index Index Symbol: GRM Free-Float Adjusted Modified Capitalization Weighted Calculation method: Index Deleted component symbol: 8952 JP Deleted component Japan Real Estate name: Investment Corporation Deleted component symbol: 8953 JP Deleted component Japan Retail Fund name: Investment Corporation Deleted component symbol: WRT AU Deleted component name: Westfield Retail Trust Replacement component symbol: GGP US Replacement General Growth component name: Properties, Inc. Replacement component symbol: GFC FP Replacement component name: Gecina S.A.
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.
CONTACT: Francis C. Poli, Executive Vice President and General Counsel,
Cohen & Steers, Inc., +1-212-832-3232
