Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
TORONTO, March 30 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The security holders of Innergex Power Income Fund (TSX:IEF.UN) and Innergex Renewable Energy Inc. (TSX: INE) voted in favour of the reverse take-over by Innergex Power Income Fund of Innergex Renewable Energy Inc. Innergex Power Income Fund will be removed from the S&P/TSX Clean Technology index. The relative weight of Innergex Renewable Energy Inc. will increase in the S&P/TSX Clean Technology index to reflect the issuance of shares as part of the transaction. The transaction will be effective after the close on Wednesday, March 31, 2010.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
About Standard & Poor's Index Services
Standard & Poor's Index Services, 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 www.standardandpoors.com/indices.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE: MHP), 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: www.standardandpoors.com.
For further information: Tony North, (416) 507-3204, [email protected]; Dave Guarino, (212) 438-1471, [email protected]
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