Russell Sets Index Reconstitution Schedule
The index provider says it will post lists of probable additions and deletions for the Russell Global Index, U.S. broad-market Russell 3000 Index and Russell Microcap Index on its website, www.russell.com/Indexes/, after the U.S. market closes on Friday, June 11.
Updated lists, if necessary, will be posted there on June 18 and June 25. Membership changes to Russell’s family of indexes will take effect as markets close that final Friday of June and remain in place for the ensuing 12-month period, according to the announcement.
On June 28, Russell will post official new membership lists for the Russell Global Index, Russell 3000 and Russell Microcap as well as these leading U.S. benchmarks: large-cap Russell 1000 Index, small-cap Russell 2000 Index and Russell Midcap Index.
“Our rules-based methodology ensures each stock is objectively represented in terms of index assignments and security weights,” said Rolf Agather, director of index research and innovation for Russell Investments. “Our annual reconstitution process captures the ever-changing market conditions systematically in order to provide investors with truly representative benchmarks.”
More information is available at http://www.russell.com/Indexes/about/russell_indexes_construction_methodology_overview.asp
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