LONDON, Feb. 14, 2012 (GLOBE NEWSWIRE) -- San Miguel Corp. of the Philippines will be added to the Dow Jones Emerging Markets Consumer Goods Titans 30 Index, Dow Jones Indexes announced today.
The addition of San Miguel follows the removal of China's Shanda Interactive Entertainment Ltd. ADS due to its acquisition by Premium Lead Co. Ltd. of the British Virgin Islands.
Established in 1890 as a single-product brewery, San Miguel is the Philippines' largest beverage, food and packaging company.
The changes in the Dow Jones Emerging Markets Consumer Goods 30 Index will be effective as of the opening of trade on Friday, February 17, 2012.
The Dow Jones Emerging Markets Consumer Goods Index measures the performance of 30 leading emerging-market companies in the Consumer Goods Industry as defined by the proprietary classification system used by Dow Jones Indexes. Stocks are selected to the index based on float-adjusted market capitalization, size, revenue and net profit.
As of 31 January 2012, the index's three top components -- as measured by their adjusted weight within the index -- are Companhia de Bebidas das Americas ADS (9.78%, Brazil), Astra International (7.53%, Indonesia) and ITC Ltd. (6.31%, India).
Company additions to, and deletions from, the Dow Jones Emerging Markets Consumer Goods Titans 30 Index do not in any way reflect an opinion on the investment merits of the company.
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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).
"Dow Jones®", "Dow Jones Indexes", "Dow Jones Emerging Markets Sector Titans Indexes" and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes"). Investment products based on the Dow Jones Emerging Markets Sector Titans Indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME Indexes or their respective affiliates and none of Dow Jones, CME Indexes and their respective affiliates make any representation regarding the advisability of investing in such products. Inclusion of a company in any of the Dow Jones Emerging Markets Sector Titans Indexes does not in any way reflect an opinion of Dow Jones, CME Indexes or any of their respective affiliates on the investment merits of such company. None of Dow Jones, CME Indexes or any of their respective affiliates is providing investment advice in connection with these indexes.
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