Five Dow Jones Indexes licensed to BMO Financial Group in connection with Canadian ETFs

Dow Jones Indexes announced the launch of five new indexes: the Dow Jones North America Select Junior Oil, the Dow Jones North America Select Junior Gas, the Dow Jones Canada Select Equal Weight REIT, the Dow Jones U.S. Large-Cap Health Care Equal Weight Total Stock Market, and the…

Dow Jones U.S. Large-Cap Banks Equal Weight Total Stock Market indexes. These five new indexes have been licensed to BMO Financial Group, a Canadian financial services company, to underlie exchange-traded funds (ETFs). The BMO ETFs are available today on the Toronto Stock Exchange.

“This is the first time Canadian investors will be able to monitor certain highly sought-after sectors with indexes that are created in a way that is unique to the Canadian market place,” said Michael A. Petronella, president designate, Dow Jones Indexes. “By licensing the indexes, BMO expands on its existing range of small-cap products. The large-cap indexes will provide investors with windows on sectors in which each company contributes equally to the performance of the index.”

The Dow Jones North America Select Junior Oil and the Dow Jones North America Select Junior Gas indexes measure the performance of U.S. and Canadian companies in the oil and gas producers and the oil-equipment, services and distribution sectors. The Dow Jones Canada Select Equal Weight REIT Index provides an equal-weighted measure of Canadian companies in the real estate investment trusts sector. The Dow Jones U.S. Large-Cap Health Care Equal Weight Total Stock Market Index provides an equal weighted measure of U.S. large-cap stocks in the health care industry, while the Dow Jones U.S. Large-Cap Banks Equal Weight Total Stock Market Index provides an equal-weighted measure of U.S. large-cap banks.

As of May 21, 2010, annualized performance since December 31, 1998, for the Dow Jones North America Select Junior Oil Index is 12.44%; the Dow Jones North America Select Junior Gas Index is 19.60%; the Dow Jones U.S. Large-Cap Health Care Equal Weight Total Stock Market Index is 5.18%; and the Dow Jones U.S. Large-Cap Banks Equal Weight Total Stock Market Index is -3.37%. The Dow Jones Canada Select Equal Weight REIT Index is up 5.80% since its base date of June 30, 20051.

The Dow Jones North America Select Junior Gas Index as well as the Dow Jones North America Select Junior Oil Index are weighted by float-adjusted market capitalization and reviewed on an annual basis in December. The Dow Jones Canada Select Equal Weight REIT Index is equal-weighted and reviewed semi-annually in June and December. The Dow Jones U.S. Large-Cap Health Care Equal Weight Total Stock Market Index and the Dow Jones U.S. Large-Cap Banks Equal Weight Total Stock Market Index are both equal-weighted and reviewed semi-annually in March and September.

Source: ETFWorld – Dow Jones Indexes