Press Release |
Dow Jones Indexes Announces 2009 Weights of Dow Jones-AIG Commodity Index
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NEW YORK, Aug. 13, 2008 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, announced the new target weightings for the Dow Jones-AIG Commodity Index(sm) that will become effective in early January 2009. The new target weights for the commodity components, which were determined and approved by the Dow Jones-AIG Commodity Index Supervisory Committee in August 2008 following consultation with the Dow Jones-AIG Commodity Index Advisory Committee, are listed below. Natural Gas 11.8900640% Crude Oil 13.7526330% Unleaded Gas 3.7091280% Heating Oil 3.6481740% Live Cattle 4.2853450% Lean Hogs 2.3988780% Wheat 4.7962120% Corn 5.7214090% Soybeans 7.5994330% Soybean Oil 2.8828690% Aluminum 6.9991660% Copper 7.3065410% Zinc 3.1424310% Nickel 2.8827230% Gold 7.8627470% Silver 2.8913020% Sugar 2.9931550% Cotton 2.2651500% Coffee 2.9726400% These weights will be used to determine the Dow Jones-AIG Commodity Index Multipliers for 2009 in January 2009. These multipliers, computed once a year, are factors used to express the percentage weights in U.S. dollar-denominated terms when calculating the Index. Launched in 1998, the Dow Jones-AIG Commodity index family includes nine sector sub-indexes, multiple forward month indexes, indexes for each individual commodity in the original DJ-AIGCI, Euro-, Yen-, Sterling-, and Swiss Franc-denominated versions of the Dow Jones-AIG Commodity Index, and the Dow Jones-AIG Commodity Spot Index. Also available are total return versions of each of the excess return indexes and sub-indexes. As of the end of the second quarter of 2008, an estimated $55 billion tracked the DJ-AIGCI group of indexes. Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or call one of the Dow Jones Indexes/STOXX press offices. Note to Editors: About Dow Jones Indexes A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 61 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com Dow Jones & Company (www.dowjones.com) is a News Corporation company (NYSE:NWS), (NYSE:NWS.A); (ASX:NWS), (ASX:NWSLV); (www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S. The Dow Jones & Company logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4578 -0- CONTACT: Dow Jones Indexes/STOXX press offices New York: +1-212-597-5720 Frankfurt: +49-69-29725-290 Hong Kong: +852-800-969-336 Singapore: +65-6-4154-299