SOURCE: Russell Investments

Russell Investments

September 07, 2012 04:30 ET

Russell Europe SMID 300 Index: European SMID-Caps Outperform Russell Developed Europe Index YTD as of September 4th

SEATTLE, WA--(Marketwire - Sep 7, 2012) -  Since the beginning of 2012, the small- and mid-cap segment of the developed European equity market, as reflected by the Russell Europe SMID 300 Index, has outperformed the broader universe of all-cap European stocks as reflected by the Russell Developed Europe Index.

Longer term, relative performance for these two indices has been mixed:

  • Small- and mid-cap stocks of developed European equity markets underperformed the broader universe of all-cap European stocks for the one, three and five year time periods as of September 4th.

  • Small- and mid-cap stocks of developed European equity markets outperformed the broader universe of all-cap European stocks for the ten year time period as of September 4th.

Gareth Parker, senior director of Index Research at Russell Indexes, comments:

"These results are as expected for the Russell Europe SMID 300 Index: with its high beta relative to the broader Developed European market it has outperformed broader Developed European indices when markets have risen and underperformed when they have fallen. The index, first of its kind, contains the 300 most rapidly tradable and liquid constituents from the small- and mid-cap (SMID) developed European market."

Source: Russell Investments

Russell Indexes Performance




Index
2012 YTD return as of 9/4/12   1 year return as of 9/4/12   3 year annualized return as of 9/4/12  



5 year annualized return as of 9/4/12
 



10 year annualized return as of 9/4/12
Russell Europe
SMID 300 Index
15.4%   13.8%   7.4%  
-6.3%
 
5.9%
Russell Developed Europe Index 11.7%   17.1%   7.8%  
-3.9%
 
5.3%

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 index are classified according to size, region, country and sector. Daily Returns for the main components are available here: http://www.russell.com/indexes/data/daily_total_returns_global.asp

Disclaimer: http://www.russell.com/indexes/about/index_alerts.asp#disclaimer