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CPMKTSsm The Capital Markets Index Nominated As "Most Innovative Benchmark Index"
Houston, Texas, December 6, 2006 - CPMKTSsm The Capital Markets Index was honored Monday as a finalist for the "Most Innovative Benchmark Index" William F. Sharpe Indexing Achievement Award.
CPMKTS was nominated by a panel of recognized industry experts, who rigorously reviewed all submissions to narrow the field to five finalists. The awards were held as part of the eleventh annual Super Bowl of Indexing®.
Created by Dorchester Capital Management Company, CPMKTS is the first and only measure of the total return of U.S. stocks, investment-grade bonds and fixed-income securities with maturities under one year (liquidity). Dorchester utilizes market data and government statistics to adjust weights used in calculating the index, thereby ensuring it accurately reflects the total return of the markets, based on actual asset allocation.
"We are honored to be nominated as the most innovative index of the year and believe this distinction validates CPMKTS’ unique market position as the only Super-Macro Index to measure the total returns of U.S. capital markets," said Warren Schmalenberger, Dorchester’s founder and chief executive officer. "We look forward to building on the success of the past year with additional innovative products based on our indexes."
About Dorchester Capital Management Co. Dorchester Capital Management Company is a Houston-based company focused on designing financial products for the professional investment community. The data used in the analysis is from Dorchester’s extensive data base of the American securities market. CPMKTSsm The Capital Markets Index, is carried on The American Stock Exchange under the symbol CPMKTS, with data updates every 15 seconds. The Amex also publishes sub-indexes CPMKTE, CPMKTB and CPMKTL, tracking equities, bonds and liquidity.
For additional information, please visit the company's Web site at www.cpmkts.com.
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