CSD and CUT change names and indices

Effective today (05/20/2016), Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, will change the underlying indices for Guggenheim Spin-Off ETF (CSD) and Guggenheim Timber ETF (CUT). The name of each ETF also will be changed to reflect its new underlying index. The ticker symbol of each ETF will remain the same.


New ETF Name

Previous Name

New Index

Previous Index

Guggenheim S&P Spin-Off
Guggenheim Spin-Off ETF S&P U.S. Spin-Off Index Beacon Spin-Off Index
Guggenheim MSCI Global Timber ETF
Guggenheim Timber ETF
Select Capped Index
Beacon Global Timber


The S&P Index is a rule-based index comprised of, as of February 29, 2016, approximately 58 securities of U.S. companies that have recently been spun-off from larger corporations and meet market capitalization requirements. Any eligible spin-offs occurring at least seven business days prior to the rebalancing date are included in the index at the monthly rebalancing.
The MSCI Index is a rules-based index comprised of, as of February 29, 2016, approximately 90 securities of companies in developed and emerging markets that own and/or manage forests and timberlands and produce wood-based products.

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