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Wednesday, April 12, 2000 New Indices Track US Market Outside S&P 500 Frank Russell Company introduced three new equity indices that are designed to measure US stock market performance outside of the S&P 500 Index.
The three new "completeness" indices measure the performance of companies in the Russell 3000 Index but exclude companies in the large-cap S&P 500 Index. "Russell originally created the small-cap completeness indices for clients who used the S&P 500 as a benchmark and wanted to obtain a more complete market exposure without overlapping their holdings," said Craig Ueland, chief operating officer. Printed from: MFWire.com/story.asp?s=25643 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |