TORONTO, Jan. 2 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The unitholders of Newalta Income Fund (TSX:NAL.UN) have approved the conversion of the company to a corporate structure. The units will be exchanged on a 1-for-1 basis for Newalta Inc. (TSX:NAL). As a result of the conversion, Newalta Income Fund will be removed from the S&P/TSX Income Trust Index. Newalta Inc. will be added to the S&P/TSX Equity, Capped Equity, Equity SmallCap and Equity Completion Indices. The conversion is effective after the close of Tuesday, January 6, 2009. The name and ticker change, with no change in capitalization, will be effective in the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the S&P/TSX SmallCap and the S&P/TSX Capped Industrials indices. - The relative weight of CI Financial Corp. (TSX:CIX) will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion and the S&P/TSX Capped Financials indices after the close of trading on Friday, January 9, 2009, to reflect a revised number of common shares following conversion from an income trust to a corporate entity. - The unitholders of Superior Plus Income Fund (TSX:SPF.UN) have approved the conversion of the company to a corporate structure. The units will be exchanged on a 1-for-1 basis for Superior Plus Corp. (TSX:SPB). As a result of the conversion, Superior Plus Income Fund will be removed from the S&P/TSX Income Trust Index. Superior Plus Corp. will be added to the S&P/TSX Equity, Capped Equity, Equity Completion and Equity SmallCap Indices. The conversion is effective after the close of Tuesday, January 6, 2009. The name and ticker change, with no change in capitalization, will be effective in the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the S&P/TSX SmallCap and the S&P/TSX Capped Industrials indices.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
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