CareTrust REIT Set to Join S&P SmallCap 600

NEW YORK, May 27, 2014 /PRNewswire/ --CareTrust REIT Inc. (NASD: CTREV) will replace Tower Group International, Ltd (NASD: TWGP) in the S&P SmallCap 600 effective after the close of trading on Monday, June 2. S&P SmallCap 600 constituent The Ensign Group Inc. (NASD: ENSG) is spinning off CareTrust REIT to shareholders in a transaction expected to be completed after the close of trading on that date. Post spin, The Ensign Group will remain in the S&P SmallCap 600. Tower Group is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of that index.

CareTrust REIT, operating as a Real Estate Investment Trust (REIT), is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. Headquartered in Mission Viejo, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Health Care REITs Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX - June 2, 2014
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	CareTrust REIT	Financials	Health Care REITs
DELETED	Tower Group International	Financials	Property & Casualty Insurance

Additions to and deletions from S&PDow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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