SOURCE: Russell Investments

Russell Investments

November 14, 2011 20:06 ET

The Russell Asia Pacific Index: Consumer Staples Sector and Food Sub-Sector Reflect Loss MTD Through November 11

SEATTLE, WA--(Marketwire - Nov 14, 2011) - The Russell Asia Pacific Index reflected a (-1.3%) return for the month-to-date through November 11. The Consumer Staples sector and the Food sub-sector of the Russell Asia Pacific Index reflected steady monthly losses from August to November 11, with the exception being the month of October.

"The Thai flood and its after effects may have affected Consumer Staples and Food stocks in Asia in the third quarter," said Stephen Wood, New York-based Chief Market Strategist for Russell Investments. Added Wood, "In addition, the non-discriminating 'risk-off' sentiment of global investors during the quarter clearly had an impact on performance in all global regions."

Looking closer, the Russell Asia Pacific Index Food sub-sector has matched or underperformed the Russell Asia Pacific Index Consumer Staples sector for September (-6.6%), October (3.4%) and for November (-1.2%), through November 11.

Sector Sub-sector
Monthly Returns - 2011 Russell Asia Pacific Index consumer staples food
Jan-11 -0.9% -3.6% -2.3%
Feb-11 0.5% 1.0% -1.8%
Mar-11 -0.2% 0.6% 0.9%
Apr-11 3.1% 4.5% 6.1%
May-11 -2.1% 0.6% 1.2%
Jun-11 -0.6% 1.9% 0.6%
Jul-11 +1.9% 5.0% 5.1%
Aug-11 -8.2% -4.6% -4.2%
Sep-11 -9.5% -4.1% -6.6%
Oct-11 +7.6% 3.4% 3.4%
Nov-11 (MTD) -1.9% -0.6% -1.2%

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here: