- Services
- Solutions
- Cleantech Forum events
- About us
- Contact us
|
|||||||||
|
press releases |
|||||||||
Cleantech Index (CTIUS) adds ABB (ABB) and Ansys (ANSS)Maxwell Technologies (MXWL), Trex (TWP), and Verenium (VRNM) Leave Index NEW YORK, Jan. 2 /PRNewswire-FirstCall/ – -- Cleantech Indices, LLC, in conjunction with the American Stock Exchange (Amex), today announced the quarterly rebalancing of The Cleantech Index (Amex: CTIUS), effective December 29, 2007. The changes will also be reflected in the exchange-traded funds (ETF) based upon CTIUS: PowerShares Cleantech Portfolio ETF (Amex: PZD) and KSM Cleantech ETF (Bloomberg ticker: KSMCLNT) in Israel. As part of the rebalancing, ABB (NYSE: ABB), Ansys (Nasdaq: ANSS) will be added to the Index while Maxwell Technologies (Nasdaq: MXWL), Trex (NYSE: TWP) and Verenium (Nasdaq: VRNM) will be removed. Said Index Advisor, Rafael Coven of the Cleantech Indices, "Consistent with the CTIUS index strategy, we selected ABB and Ansys for their strong growth potential, technology, impact, sector representation, and leadership." ABB is a global leader in energy transmission, generation hardware, power controls, and process automation. It has the scale and scope to capitalize on soaring demand worldwide that few competitors can match. Ansys is a leader in advanced simulation software used by engineers and designers to test products designs for performance under a wide range of operating conditions. Its software is used in many industries and is critical to accelerating the development and optimizing the performance of new products from vehicles and motors, to fluid-handling systems.
By tracking the market performance of the premier cleantech companies, CTIUS is the industry standard index and used by a growing range of financial products. Investors now have an easy, cost-effective, and liquid means to invest in the broad cleantech investment category -- and do so with far less risk than previously possible. For 2007, CTIUS is up 46.93% as of December 26. For more information visit: http://www.cleantechindex.com.
|
|||||||||