New S&P Index Series Tracks Performance of the Largest, Publicly Traded Companies Engaged in Commodity Exploration and Production

NEW YORK, May 11, 2011 /PRNewswire/ -- S&P Indices announced today the launch of the S&P Commodity Producers Index Series, a new family of indices comprised of the world's largest, publicly traded companies engaged in the exploration and production of commodities. All of the constituents in the index series are drawn from the S&P Global BMI (Broad Market Index) universe.

The S&P Commodity Producers Index Series is comprised of three indices: the S&P Commodity Producers Agribusiness Index, the S&P Commodity Producers Gold Index and the S&P Commodity Producers Oil & Gas Exploration & Production Index.  

• The S&P Commodity Producers Agribusiness Index includes the largest publicly-traded companies involved in agriculture businesses around the world.
• The S&P Commodity Producers Gold Index includes the largest publicly-traded companies involved in the exploration and production of gold and related products around the world.
• The S&P Commodity Producers Oil & Gas Exploration & Production Index includes the largest publicly-traded companies involved in the exploration and production of oil and gas around the world.

"As investor appetite for commodities as a portfolio diversifier and inflationary hedge continues to grow, commodity producers -- those companies involved in the exploration and production of these raw materials -- has entered into the spotlight as an alternative means for investing in this traditional asset class," says Alka Banerjee, Vice President of Global & Strategy Indices at S&P Indices. "The S&P Commodity Producers Index Series is designed to provide investors with a benchmark for measuring the equity performance of some of the world's largest commodity producers, while also potentially serving as the underlying index for future exchange traded products."

To ensure tradability, constituents must have a developed market listing and meet minimum market capitalization and liquidity requirements. Constituent weights are driven by float-adjusted market capitalization to reflect available shares to investors.

For more information, please visit: www.standardandpoors.com/indices.

About S&P Indices

S&P Indices, a world leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

Standard & Poor's does not sponsor, endorse, sell or promote any S&P index-based investment product.  This document does not constitute an offer of services in jurisdictions where Standard & Poor's or its affiliates do not have the necessary licenses. Standard & Poor's receives compensation in connection with licensing its indices to third parties.

S&P, S&P Indices, S&P 500 and STANDARD & POOR'S are registered trademarks of Standard & Poor's Financial Services LLC.

SOURCE Standard & Poor's

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