Wednesday, June 29, 2011

Dow Jones Indexes Launches Dow Jones Global Commodity Equity 100 ...

Dow Jones Indexes Launches Dow Jones Global Commodity Equity 100 Index

NEW YORK and LONDON, June 27, 2011 (Investrealbig.com) ? Dow Jones Indexes, a leading global index provider, today announced the launch of the Dow Jones Global Commodity Equity 100 Index, the flagship of a new index series that measures the stock performance of companies engaged in the exploration or production of both scarce and renewable commodities.

Commodity sectors represented in the Index include agriculture, energy, metals, precious metals and water.

In addition to The Dow Jones Global Commodity Equity 100 Index, the series includes four subindexes:

  • Dow Jones Global Equity Agriculture Index;
  • Dow Jones Global Equity Energy Index;
  • Dow Jones Global Equity Scarcity Index, which defines ?scarcity? as natural resources that can?t be replenished; and.
  • Dow Jones Islamic Market Global Equity Commodity Index, which measures all companies in the parent index that pass the Shari?ah screens.

?As the world?s population climbs and emerging markets mature, the consumption of commodities ? many of which have finite supplies ? continues to increase,? said Michael A. Petronella, President, Dow Jones Indexes. ?This development yields compelling market opportunities for investors looking to equities engaged in the business of commodities. With the Dow Jones Global Commodity Equity 100 Index series, investors can follow companies engaged in the business of commodities by utilizing a broad index or subsets focused on agriculture, energy or scarcity.?

Companies eligible for inclusion in the:

  • Dow Jones Global Equity Agriculture Index are those with businesses related to the production of agriculture commodities and can be classified into one of the following sectors: fertilizer, agriculture biotech, agriculture equipment and services, livestock, timber, palm oil and corn/wheat/soybeans.
  • Dow Jones Global Equity Energy Index are those with businesses related to the exploration and production of energy commodities and can be classified into one of the following sectors: crude and unleaded gas, oil equipment, services and distribution, natural gas and coal.
  • Dow Jones Global Equity Scarcity Index are those with business related to the exploration and production of scarce commodities and can be classified into one of the following sectors: crude and unleaded gas, natural gas, coal, iron and steel, aluminum, rare earth metals, other base metals, gold, other precious metals and water.

For the Dow Jones Islamic Market Global Equity Commodity Index, Shari?ah screens aim to remove companies in the following lines of business: alcohol, tobacco, pork-related products, conventional financial services, defense/weapons and entertainment. Also excluded are companies with financial ratios that are incompatible with Islamic investment principles.

The indexes are derived from the Dow Jones Global Total Stock Market Index, which represents 65 countries and covers more than 98% of the world?s market capitalization. Only companies whose business is related to the exploration and production of commodities are eligible. Within each of five commodity sectors, the largest stocks are selected for the index based on their rankings based on float-adjusted market capitalization.

The indexes are weighted by float-adjusted market capitalization. Weights of individual components are capped at 10% of the broad index; individual sectors are capped at 33.33% of the index. Changes to index composition are made on an annual basis in December.

Journalists may e-mail questions regarding this press release to media@djindexes.com

About Dow Jones Indexes

Dow Jones Indexes (www.djindexes.com) is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of a joint venture company owned 90 percent by CME Group Inc. (www.cmegroup.com) and 10 percent by Dow Jones & Company, Inc. (www.dowjones.com), a News Corporation company (Nasdaq:NWS) (Nasdaq:NWSA) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com).

The ?Dow Jones Global Commodity Equity IndexesSM? are a product of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC (?CME Indexes?). ?Dow Jones®?, ?Dow Jones Global Commodity Equity IndexesSM?, ?Dow Jones Indexes? and the names identifying the other indexes referenced above are service marks of Dow Jones Trademark Holdings, LLC (?Dow Jones?) and have been licensed to CME Indexes. ?CME? is a service mark of Chicago Mercantile Exchange, Inc.

The Dow Jones Indexes logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1289

 CONTACT: Dow Jones Indexes' press office:           New York          Rich Silverman          +1 212 299 2414          richard.silverman@djindexes.com           London          Barbara Mahe          +44 20 7796 7247          barbara.mahe@djindexes.com 

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Source: http://investrealbig.com/dow-jones-indexes-launches-dow-jones-global-commodity-equity-100-index

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