AuthenTec Added to Russell 3000 and Global Indexes
MELBOURNE, Fla., Jun 25, 2012 (BUSINESS WIRE) -- AuthenTec (AUTH), a leading
provider of mobile and network security, has been added to the Russell 3000(R)
Index and Russell Global Index following publication by Russell Investments of
the final additions and deletions to the Russell Global, Russell 3000 and Russell
Microcap(R) Indexes on June 22.
Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S.
stocks as of the end of May, ranking them by total market capitalization.
Membership in the Russell 3000, which remains in place for one year, means
automatic inclusion in the large-cap Russell 1000(R) Index or small-cap Russell
2000(R) Index as well as the appropriate growth and value style indexes. The
Russell 3000 also serves as the U.S. component to the Russell Global Index, which
Russell launched in 2007. Russell determines membership for its equity indexes
primarily by objective, market-capitalization rankings and style attributes.
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. In the institutional marketplace, an industry-leading $3.9
trillion in assets currently are benchmarked to them. Russell calculates more
than 80,000 benchmarks daily covering approximately 98 percent of the investable
market globally, 83 countries and more than 10,000 securities. These investment
tools originated from Russell's multi-manager investment business in the early
1980s when the company saw the need for a more objective, market-driven set of
benchmarks in order to evaluate outside investment managers.
Total returns data for the Russell 3000 and other Russell Indexes is available at
russell.com |
