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CORRECTING And REPLACING SWM Index Rebalances Canadian Energy Indexes

Second graph, second sentence should read: The index has 13 constituents and a 1.76 percent forward dividend yield following its rebalance on September 30, 2012. (sted The index has 13 constituents and a 1.76 percent forward dividend yield following its rebalance on June 29, 2012.) Also, tickers were added for searching purposes.

The corrected release reads:


Oil Sands Investment Index Rotates into Bull Mode Allocation

SWM Index LLC, an independent provider of energy-focused investment indexes, today announced the rebalance of its three oil sands related indexes. The rebalanced indexes include the Sustainable Oil Sands Sector Index® (SOSSI), SWM Canadian Energy Income Index® (SWMEI) and Sustainable North American Oil Sands Index® (SNAOSI).

The Sustainable Oil Sands Sector Index (SOSSI) tracks the largest, most liquid Canadian based energy companies with production in Canada’s oil sands regions. The index has 13 constituents and a 1.76 percent forward dividend yield following its rebalance on September 30, 2012. The complete list of holdings can be viewed at

“The recent offer by China’s CNOOC to purchase Nexen, an index constituent, means that the sector is in play. I expect more constituents to become takeover targets if this deal is approved by regulators,” states index creator Derek Gates.

The SWM Canadian Energy Income Index (SWMEI) tracks both oil sands and high yield Canadian energy companies. The index oscillates between the two sectors based on WTI Crude oil spot price trends. The recent rise in crude oil prices resulted in a switch to the Bull Mode allocation for Q4, 2012, with a 70 percent weighting to Canadian oil sands companies and 30 percent to Canadian high yield energy companies. The forward yield is 2.88 percent and the number of constituents remains at 40. The list of holdings can be viewed at

“The switch to our Bull Mode Allocation is timely given the recently proposed Nexen buyout and US Federal Reserve’s recommitment to quantitative easing,” asserts Gates. “The combination of a strong Canadian dollar, M&A activity and rising energy production could result in a strong period of outperformance for Canadian energy stocks.”

The Sustainable North American Oil Sands Index (SNAOSI) tracks the widest range of companies involved in the Canadian oil sands sector. These index constituents cover all aspects of the sector including production, pipelines, energy services, engineering/construction and refinery/integrated oil. As of the current rebalance, there are 38 constituents and a forward yield of 3.00 percent. The list of holdings can be viewed at

“The goal of the SNAOSI index is to invest in the energy related businesses that will benefit the most from the growth in the Canadian oil sands sector,” says Gates. “The index provides investors with greater diversification, higher growth prospects, higher dividend income and lower concentration risk than traditional market cap based energy indexes.”

The following Exchange Traded Products are linked to SWM’s indexes:




Exchange Traded Concepts, LLC SNAOSI

ENY on NYSE Arca
Guggenheim Investments SWMEI

Blackrock/iShares Canada SOSSI


Royal Bank of Scotland SOSSI




21 Waterway Avenue, Suite 300


The Woodlands, TX 77380

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