One Addition and One Deletion in VanEck Natural Resources Index Quarterly Reconstitution
New York, NY, Friday, June 08, 2018 — The VanEck Natural Resources IndexTM (TICKER: RVEI) will add one constituent and drop one constituent in its quarterly reconstitution, maintaining the number of index components at 295.
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 VanEck Natural Resources IndexTM (TICKER: RVEI) 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 addition to RVEI is Pabrik Kertas Tjiwi Kimia Pt (TICKER: TKIM IJ), effective Thursday, June 21, 2018.
The deletion from RVEI is Daido Steel Co Ltd (TICKER: 5471 JP), effective Monday, June 18, 2018.
The changes to RVEIaffect the following sub-indexes:
The S-Network Natural Resources Metals Index (RVEM) will drop Daido Steel Co Ltd (TICKER: 5471 JP).
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 VanEck Natural Resources Index 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. 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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