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VCSC Daily - FTSE results: CSM, PET, PPC in; NTL, PGD out – VCSC: CSM HOLD, PET ADD

FTSE review results: CSM, PET, PPC in; NTL and PGD out. The results of the FTSE review were announced after-trading hours last Friday. The outcome was, as we expected, with CSM, PET and PPC added while NTL and PGD were removed. According to the proposed weighting announced by the FTSE, 2.8m shares of CSM, 3.2m shares of PET and 6m shares of PPC will be purchased while 2.2m shares of NTL and 2.6m shares of PGD will be sold by the ETF.