The 2 for 1 Index® (NYSE: SPLITS) is comprised of approximately 30 companies which trade on major US stock exchanges. Companies eligible for inclusion have all announced a stock split within the 6 months prior to selection for the Index. Each month, the 2 for 1 Index is updated on the Friday closest to the 15th of that month. The pool of eligible companies is evaluated and ranked according to a proprietary methodology, and the top ranked candidate is selected for the Index. Sector and market-cap diversification is considered in the selection algorithm. One new stock is added to the Index, and one of the oldest stocks is removed. All positions are rebalanced to equal weight.
Comcast Corp. (CMSCA) is the latest addition to the 2 for 1 Index. Apple Corp. (AAPL) has dropped off the list. Comcast is a big, stable, profitable company that will now be the heavyweight in the Index in place of Apple. Smaller, ‘under the radar’ stocks are preferred and make up the bulk of the 2 for 1 Index, but Comcast will be the exception to the rule.
The value of the 2 for 1 Index® (the “Index”) is calculated by NYSE Euronext or its affiliates (“NYSE Euronext”). The Stock Split Index Fund (NYSE: TOFR), which is based on the Index, is not issued, sponsored, endorsed, sold or promoted by Neil Macneale Inc or NYSE Euronext, and Neil Macneale Inc and NYSE Euronext make no representation regarding the advisability of investing in such product.
NEIL MACNEALE INC AND NYSE EURONEXT MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE 2 FOR 1 INDEX OR ANY DATA INCLUDED THEREIN. IN NO EVENT SHALL NEIL MACNEALE INC OR NYSE EURONEXT HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.