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[$$] Reinventing Telecom
S&P Dow Jones Indices is now contemplating changes in the components of the 11 industry sectors that make up the Standard & Poor’s 500 index, the most popular U.S. stock-market benchmark. “Telecom has totally changed, and the index has to change,” says Howard Silverblatt, S&P Dow Jones Indices’ senior index analyst. Reassigning companies to different sectors would affect the holdings of the sector-specific exchange-traded funds that track the index—and actively managed funds whose managers strive to hew closely to the S&P 500’s sector weightings.
http://finance.yahoo.com/r/460d3156...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
S&P Dow Jones Indices is now contemplating changes in the components of the 11 industry sectors that make up the Standard & Poor’s 500 index, the most popular U.S. stock-market benchmark. “Telecom has totally changed, and the index has to change,” says Howard Silverblatt, S&P Dow Jones Indices’ senior index analyst. Reassigning companies to different sectors would affect the holdings of the sector-specific exchange-traded funds that track the index—and actively managed funds whose managers strive to hew closely to the S&P 500’s sector weightings.
http://finance.yahoo.com/r/460d3156...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
