This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 0.00%
FB $118.06 0.00%
GOOG $695.70 0.00%
TSLA $222.56 0.00%
YHOO $36.00 0.00%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs