Sustainable Wealth Management, Ltd.

October 03, 2011 08:00 ET

SWM Canadian Energy Income Index® Rebalances to Bear Mode, Forward Yield Jumps to 5.49%

CALGARY, ALBERTA--(Marketwire - Oct. 3, 2011) - Sustainable Wealth Management, an independent provider of energy sector indexes, today announced the rebalancing of the SWM Canadian Energy Income Index® (SWMEIT – Bloomberg).

The index is rebalanced according to the swings in the quarterly price of WTI crude oil versus its 4 quarter moving average. The price trend in the crude market has shifted to bear mode according to the index methodology. Effective the start of trading, Monday, Oct 3, 2011 the new asset allocation for the quarter will be as follows:

New Asset Allocation (Q4, 2011): Bear Mode
Oil Sands Producers 30%
Canadian High Yield Energy Equities 70%

The new allocation will significantly increase the projected forward yield of the index to 5.49% as of September 30, 2011 closing prices. This makes the index one of the highest yielding energy sector indexes in the world at this time.

Performance statistics and index methodology and constituents are available at www.swmindex.com/canadianenergy. The index forms the basis of the popular Guggenheim Canadian Energy Income ETF (ENY – NYSE ARCA). For more information visit:

www.guggenheimfunds.com/etf/fund/eny
Sustainable Wealth Management Ltd.
888 3rd Street S.W., Suite 1000, Calgary, Alberta T2P 5C5
http://www.swmindex.com/

Contact Information

  • Derek Gates
    President
    1-403-444-5992