New York, NY, December 03, 2015 --(PR.com
)-- The following eight securities have been added to the Index: AT&T (NYSE: T); Exelon Corp. (NYSE: XYL); Flowserve Corp. (NYSE: FLS); Mettler-Toledo International (NYSE: MTD); St. Jude Medical, Inc. (NYSE: STJ); Thermo Fisher Scientific, Inc. (NYSE: TMO); Waters Corp. (NYSE: WAT) and Xylem, Inc. (NYSE: XYL).
The NASDAQ OMX CRD Global Sustainability Index (NASDAQ: QCRD) is an equally weighted equity index that serves as a benchmark for stocks of companies taking a leadership role in measuring, managing and communicating the impacts and ROI of their investments in sustainable development and shared value creation. The Index is made up of companies traded on a major US stock exchange who voluntarily disclose their current environmental, social and governance risks as well as their revenue opportunities and how it will affect future performance according to the Global Reporting Initiative G3.1/G4 Guidelines. The securities must also meet other eligibility criteria which include minimum requirements for market value, average daily share volume, and price. The Index is evaluated on a semiannual basis in May and November. Please contact Michael Muyot of CRD Analytics for more information about the NASDAQ OMX CRD Global Sustainability Index, including detailed eligibility criteria.
As a result of the Index reconstitution, the following eight securities will be removed from the Index: Barrick Gold Corp. (NYSE: ABX); Consolidated Edison Inc. (NYSE: ED); CVS Caremark Corp. (NYSE: CVS); General Mills, Inc. (NYSE: GIS); Newmont Mining Corp. (NYSE: NEM); Proctor & Gamble Company (NYSE: PG); Qualcomm, Inc. (NASDAQ: QCOM); and Total, SA (NYSE: TOT).
About Nasdaq Global Indexes
Nasdaq Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. Nasdaq Global Indexes also provides custom index services and design solutions to selected financial organizations.
Daily index values, weightings and historical data for Nasdaq indexes are available via Nasdaq Global Index Watch and Nasdaq Global Index Data Service.
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit the Nasdaq website.
About CRD Analytics
CRD Analytics is a leading provider of independent sustainability investment analytics. Using its proprietary SmartViewTM 360 Platform, CRD Analytics empowers its clients with actionable and performance-driven information distilled from large sets of complex data including financial, environmental, social, and governance information. CRD Analytics partners with its clients to construct proprietary index-based products – Exchange-Traded Funds (ETFs), separately-managed accounts, mutual funds and Unit Investment Trusts (UITs). For more information about CRD Analytics, please contact Michael Muyot.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding Nasdaq’s proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. Advice from a securities professional is strongly advised.