Standard & Poor’s Canadian Index Operations on Monday announced a minor change to two S&P/TSX income trust indices effective after the close of business on Tuesday, April 29.
The relative weight of H&R Real Estate Investment Trust (TSX: HR.UN) will increase by approximately 0.08% in the S&P/TSX Canadian Income Trust Index and by approximately 0.34% in the S&P/TSX Canadian REIT Index.
The relative weight change reflects an adjustment to the float trust units of the income trust due to the issuance of new units.