"The growth in size and number of income trusts listed on the TSX has been the focus of considerable attention in Canadian financial markets for the past year," said David Blitzer, Chairman of the Index Committee. "After conferring with the marketplace, Standard & Poor's has determined that income trusts will not be included at this time. We will, of course, continue to closely monitor the development of income trusts and will revisit the question of their eligibility if developments warrant."
Standard & Poor's currently offers three income trust indices: the S&P/TSX Canadian Income Trust Index and two sub-indices, the S&P/TSX Canadian Energy Trust Index and the S&P/TSX Canadian REIT Index. For more information about these indices and their constituents, see www.spglobal.com/indexmaincanada.html.
Standard & Poor's is a leader in providing highly valued financial data, analytical research and investment and credit opinions to the global capital markets. Among the company's many products are the S&P Global 1200, the first real-time, global equity index, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds With more than 5,000 employees located in 18 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.spglobal.com.
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