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The Markets March 17, 2011
Russell Launches Global 3000 Index Series
Russell Investments is launching the Russell Global
3000 Index series of 18 indexes — all sub-components of the Russell
Global Index.
Reported by Rebecca Moore
The series, which extends Russell’s trademark U.S. market index naming method for the first time globally, features the Russell Global 1000 Index and Russell Global 2000 Index, as well as the Russell Global ex-US variants and growth and value sub-component indexes.
According to the announcement, the new series uses the same global-relative methodology as the Russell Global Index. It also provides investors with exposure to the Russell Global investable universe through more liquid equity indexes with enhanced investability.
The Russell Global 3000 Index series is constructed with transparent rules and reconstituted annually to accurately reflect changes in global equity markets.
Daily returns for the Russell Global 1000, Russell Global 2000, and Russell Global 3000 Indexes are available here.