By: ETFdb
Russell, RAFI Team Up On Fundamental Indexes
Russell Investments and Research Affiliates announced this week the creation of a new suite of indexes based on the Fundamental index methodology developed by Research Affiliates founder Rob Arnott. The two companies formed a partnership last year, and are now introducing 24 fundamental-weighted benchmarks measuring the performance of domestic and international equity markets. While many of the most widely-followed indexes are constructed based on market capitalization, Arnott’s research has focused around alternative index construction and maintenance methodologies that break the link between stock price and a security’s weighting within an index. The Russell Fundamental Index Series is created from the Russell 3000 and Russell Global ex-U.S. indexes, where constituents are scored and weighted based on three fundamental measures of company size: adjusted sales, operating cash flow, and dividends plus buybacks. The benchmarks are further divided into Large Company and Small Company Fundamental Indexes. The new fundamental benchmarks include: Global Russell [...] Click here to read the original article on Related Posts: U.S. One / Russell Planning More ETFs October ETF Roundup: Launches, Filings, and Closures Russell Planning Major ETF Push PHB: Different Kind Of Junk Bond ETF PIMCO Preps To Boost Bond ETF Lineup
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here