Cohen & Steers Announces Changes to Realty Indexes
If the new rule is breached, all constituents with weights greater than 4.5% are sorted in ascending order. The first constituent's weight that breaches this limit is reduced to 4.5%, and the excess weight is evenly redistributed to constituents with an unadjusted weight of less than 4.5%. This process is repeated until the sum of constituents with a weight greater than 4.5% is equal to or less than 45% of the total index.
Rebalancings occur quarterly, except in the event of certain corporate actions, such as stock splits, rights offerings, distributions, reorganizations, recapitalizations or similar events with respect to the component stocks.
Cohen & Steers Realty Majors Portfolio Index (RMP) |
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Cohen & Steers Global Realty Majors Portfolio Index (GRM) |
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Cohen & Steers International Realty Majors Portfolio Index (IRP) |
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These free-float adjusted, modified market capitalization-weighted total return indexes of selected real estate equity securities are quoted intraday on a real-time basis by the
The Indexes can be used as indexing benchmarks, stock selection universes, underlying indexes for derivative instruments or performance benchmarks. All index weightings are independently calculated by
Website: https://www.cohenandsteers.com/
Symbol: (NYSE: CNS)
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