Nine Additions and Eight Deletions in S-Network Natural Resources Composite Index Quarterly Reconstitution
New York, NY, Friday, June 08, 2018 — The S-Network Natural Resources Composite IndexSM (TICKER: RVECP) will add nine constituents and drop eight constituents in its quarterly reconstitution, changing the number of index components to 628.
Due to the closure of the Indonesia Stock Exchange (IDX) from Monday, 11 June 2018 through Tuesday, 19 June 2018, the reconstitution schedule of the S-Network Natural Resources Composite IndexSM (TICKER: RVECP) will be modified with respect to Indonesian stocks. Any index additions, deletions and share changes affecting Indonesian stocks will be delayed until Thursday, 21 June 2018, while all other index additions, deletions and share changes will be reflected as normally scheduled (effective Monday, 18 June 2018).
The additions to RVECP are: Qingdao East Steel Tower-A (TICKER: 002545 CH), Henan Yinge Industrial Inv-A (TICKER: 600069 CH), Liuzhou Iron & Steel Co -A (TICKER: 601003 CH), Alexandria Mineral Oils Co (TICKER: AMOC EY), Enquest Plc (TICKER: ENQ LN), Gulf Keystone Petroleum Ltd (TICKER: GKP LN), Maurel Et Prom (TICKER: MAU FP), Matrix Service Co (TICKER: MTRX US), Tetra Technologies Inc (TICKER: TTI US).
The deletions from RVECP are: Samyang Corp (TICKER: 145990 KS), Feng Hsin Steel Co Ltd (TICKER: 2015 TT), Lontrue Co Ltd-A (TICKER: 300175 CH), Basic Energy Services Inc (TICKER: BAS US), Hengyuan Refining Co Bhd (TICKER: HYR MK), Katanga Mining Ltd (TICKER: KAT CN), Pxp Energy Corp (TICKER: PXP PM), Ultra Petroleum Corp (TICKER: UPL US).
The S-Network Natural Resources Composite Index (RVEC) serves as the universe for the VanEck Natural Resources Index (RVEI), which is a capitalization-weighted, float-adjusted index of the most prominent commodity stocks in the world. RVEI is divided into six sectors: a) Energy, b) Agriculture, c) Base and Industrial Metals, d) Forest products, e) Precious Metals and f) Alternatives.
Detailed information on the S-Network Natural Resources Index family is available at http://rve.snetglobalindexes.com/. Data is also available through most vendors of financial data.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 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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