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KLD Indexes
Announces Changes to the
KLD Global Climate 100 Index
BOSTON,
MA - February 21, 2006 - KLD Indexes announced today changes to
the KLD Global Climate 100SM
Index (GC 100). KLD Indexes is a division of KLD Research & Analytics,
Inc., an independent investment research firm.
Toray
Industries, Inc. (Tokyo Stock Exchange: 3402) replaced Sanyo Electric
Co., Ltd. (Tokyo Stock Exchange: 6764) after the close of trading
on January 31, 2006.
Toray
Industries produces carbon fibers for use in wind turbine blades
and in lighter, more efficient vehicles. In addition, Toray Industries
manufactures composite flywheel rotors and components for Direct
Methanol Fuel Cells. KLD Indexes removed Sanyo Electric due to its
deteriorating financial condition.
Summary of changes
to the KLD Global Climate 100 Index - February 1, 2006
| |
Company |
Theme |
Sector |
Country |
| ADDITIONS |
Toray
Industries, Inc. |
Clean
Technology & Efficiency |
Consumer
Cyclical |
Japan |
| REMOVALS |
Sanyo
Electric Co., Ltd. |
Clean
Technology & Efficiency |
Industrial |
Japan |
|
For a complete list
of constituents as of February 1, 2006, please visit http://www.kld.com/indexes/gc100/index.html.
About
the KLD Global Climate 100 Index
Launched on July 1, 2005, the KLD Global Climate 100SM
Index is a global index designed to promote investment in public
companies whose activities demonstrate the greatest potential for
reducing the current and future environmental impact of climate
change.
The Index includes 100 global companies that
are leaders in providing solutions to climate change. The GC 100
constituents are allocated into three themes: Renewable Energy,
Clean Technology & Efficiency and Future Fuels.
The Index allocates 1% to each of the 100 securities
in the Index to assure that large-cap companies do not unduly influence
the performance. This provides higher exposure to small-cap companies
and lower exposure to large-cap companies than a cap-weighted index.
Each quarter, KLD rebalances the Index to bring each holding back
to 1%. Additions made to the Index between rebalances are given
the weight of the removed company at the time of the change.
About
the KLD Family of Indexes
KLD's family
of social, environmental and sustainability indexes includes: the
Domini 400 SocialSM
Index (DS 400 Index), launched in 1990, the
established benchmark for measuring the impact of social screening
on financial performance; the KLD Broad Market SocialSM
Index, launched in 2001, the screened subset
of the Russell 3000® Index;
the KLD Large Cap SocialSM
Index, launched in 2001, the screened subset
of the Russell 1000® Index;
the KLD Select SocialSM
Index, launched in 2004, the first US index
maximizing sustainability factors; and the KLD Global Climate 100SM
Index, launched in 2005, the first global
index focused on solutions to climate change.
About
KLD Indexes
KLD Indexes,
a division of KLD Research & Analytics, constructs indexes for investors
who integrate environmental, social and governance factors into
their investment decisions. Investors, trustees, and consultants
depend on the quality and integrity of KLD Indexes, which are designed
to be transparent, representative and investable. Today, more than
$10 billion is invested in funds based on KLD's family of indexes.
For more information about KLD Indexes, please see
our website (www.KLDIndexes.com)
or contact Chris McKnett by phone (617.426.5270 x218) or e-mail
(cmcknett@kld.com).
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