A Public GM Gets a Wilshire 5000 Slot

November 16, 2010 (PLANSPONSOR.com) – If General Motors completes its initial public offering on or before, November 19, 2010, it will be added to the Wilshire 5000 Total Market Index, effective after the United States markets close on that date.

A Wilshire Associates news release said the inclusion will be in conjunction with the regular monthly additions and deletions of the Wilshire 5000.

“Since its 1974 inception, the Wilshire 5000 Total Market Index has been designed to be a pure and complete representation of the total U.S. equity market,” noted David Hall, senior managing director, Wilshire Associates and head of Wilshire Equity Analytics, in the news release. “A rules-based index, the Wilshire 5000 does not need to make special accommodations for early entry of large IPOs. Stock additions have always been made monthly for U.S. companies with readily available price data.”