Following the September half yearly review, Standard & Poor’s will not make any changes to the S&P/MIB Index constituents effective after the close of trading of Friday, 19 September 2008.
The new adjusted IWFs and shares will be announced on Tuesday, 16 September 2008.
Note: the index adjustment will be made using closing prices following changes of the Index Methodology introduced as of June 2008.
Half Yearly Review: In March & September, Standard & Poor’s reviews the constituents of the S&P/MIB Index to determine if any changes need to be made to increase the sector representation of the index and/or remove any stocks that show insufficient free float market capitalization or trading levels to remain on the index.
Quarterly Rebalancing: In March, June, September and December, Standard & Poor’s updates the shares outstanding and IWFs (Investable Weight Factors) of the constituents of the index. The share information is primarily sourced from Borsa Italiana’s Official List and is made effective the Monday morning after the third Friday of each quarter. IWF’s (Investable Weight Factors) are also reviewed at this time using information primarily sourced from CONSOB.
