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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: 16yearcycle who wrote (24631)12/3/1999 3:27:00 PM
From: Randy Ellingson  Read Replies (1) of 27307
 
Gene-

This info seems to be all that is available via their web site (and even this is behind the SSN# login). I recall a more detailed explanation (that they don't own all of the stocks in the index) in print, probably in their annual report (or whatever that annual mutual fund report is called).

The CREF Equity Index Account is a highly diversified portfolio designed to track the overall U.S. stock market as represented by the Russell 3000.* Because of the account's comprehensive holdings, with individual issues purchased in proportion to their overall market value, it should generally parallel overall market performance. Even though the account is designed to follow the Russell 3000, it may not always do so. The Equity Index Account is a variable annuity and it's past performance doesn't guarantee comparable returns in the future. Both your returns and the value of your invested principal will vary throughout your participation.

*The Russell 3000, compiled by the Frank Russell Company, is an unmanaged index of the stocks of 3,00 of the largest US companies traded on the New York Stock Exchange, other US exchanges, and over the counter (i.e., such as stocks listed on the NASDAQ system). Each stock is weighted in the index by its relative market value. The account isn't promoted or sponsored by or affiliated with the Frank Russell Company, which isn't responsible for representations about it. You can't purchase shares in the index. The Russell 3000 is a registered trademark of the Frank Russell Company.


Randy
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