Index Licensed to Guggenheim Investments for ETF Development
TORONTO, July 25, 2013 /CNW/ - S&P Dow Jones Indices and TMX Group
announced today the launch of the S&P/TSX High Income Energy Index. The
new index has been licensed by S&P Dow Jones Indices to Guggenheim
Investments for an Exchange Traded Fund listed on the New York Stock
The S&P/TSX High Income Energy Index is designed to measure income
producing securities with specific exposure to the Energy sector. The
Index includes the constituent stocks of the S&P/TSX Composite Index
that are classified as Energy companies according to the Global
Industry Classification Standard (GICS®), that also meet specific yield requirements.
"We are excited to announce this new addition to the S&P/TSX family of
indices," says Abigail Etches, Director at S&P Dow Jones Indices.
"Investors are increasingly looking for unique indices that benchmark
specific market segments to serve as the basis for investment products.
The S&P/TSX High Income Energy Index offers market participants an
effective means of measuring high dividend yielding securities in the
Canadian Energy sector."
"We are pleased to have licensed the S&P/TSX High Income Energy Index
and look forward to continuing to work closely with S&P Dow Jones
Indices and TMX Group in the future," said William Belden, Managing
Director at Guggenheim Investments.
For more information about S&P Dow Jones Indices, please visit www.spdji.com.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the
world's largest, global resource for index-based concepts, data and
research. Home to iconic financial market indicators, such as the S&P
500® and the Dow Jones Industrial Average™, S&P Dow Jones Indices LLC
has over 115 years of experience constructing innovative and
transparent solutions that fulfill the needs of investors. More assets
are invested in products based upon our indices than any other provider
in the world. With over 830,000 indices covering a wide range of asset
classes across the globe, S&P Dow Jones Indices LLC defines the way
investors measure and trade the markets. To learn more about our
company, please visit www.spdji.com.
Standard & Poor's and S&P are registered trademarks of Standard & Poor's
Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones"). These trademarks have been licensed to S&P Dow Jones Indices
LLC. It is not possible to invest directly in an index. S&P Dow Jones
Indices LLC, Dow Jones, S&P and their respective affiliates
(collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell,
or promote any investment fund or other investment vehicle that is
offered by third parties and that seeks to provide an investment return
based on the performance of any index. This document does not
constitute an offer of services in jurisdictions where S&P Dow Jones
Indices does not have the necessary licenses. S&P Dow Jones Indices
receives compensation in connection with licensing its indices to third
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed
income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers,
Equicom and other TMX Group companies provide listing markets, trading
markets, clearing facilities, depository services, data products and
other services to the global financial community. TMX Group is
headquartered in Toronto and operates offices across Canada (Montreal,
Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston
and Chicago) as well as in London, Beijing and Sydney. For more
information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE: Standard & Poor's Canadian Index Operations
For further information:
David R. Guarino
S&P Dow Jones Indices
S&P Dow Jones Indices