Three Additions/Two Deletions in S-Network Weak Dollar Equity Index Quarterly Rebalancing
New York, NY, September 7, 2016 – The S-Network Weak Dollar Equity Index (TICKER: SNWUSDX) will add three constituents in its quarterly rebalancing — effective 6:00 PM (EST) Sunday, September 18, 2016 — and remove two constituents, changing the number of index constituents to 100.
The additions to SNWUSDX are: Kimberly-Clark Corp (TICKER: KMB US), General Electric Co (TICKER: GE US), and Goodyear Tire & Rubber Co/The (TICKER: GT US).
The deletions from SNWUSDX areBroadcom Limited (TICKER: AVGO US) and Coca-Cola European Partners PL (TICKER: CCE US).
The S-Network Weak Dollar Equity Index (TICKER: SNWUSDX) is designed to include US-listed companies that draw revenues more from international than from domestic sources, in order to provide a portfolio specifically for investment during weak dollar trends.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...
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