SOURCE: Russell Investments

Russell Investments

September 20, 2010 16:35 ET

Russell Global Indexes: Colombia, Chile Outperform in Latin America

TACOMA, WA--(Marketwire - September 20, 2010) -  Equity markets in Chile (31.3%) and Colombia (25.3%) have outperformed other markets in Latin America for the third quarter through September 17, 2010. Both countries also have outperformed year-to-date, reflecting gains of 38.5% for Chile and 45.1% for Colombia. These two markets pushed the Russell Latin America Index to a 16.1% gain for the third quarter through September 17, 2010 as well as a year-to-date increase of 6.4%.

The Russell Brazil Index has underperformed other countries in Latin America for the year-to-date period through September 17, 2010, posting a -0.1% loss. 

Market segment  Through September 17 Through September 17
Russell Latin America Index 16.1% 6.4%
Russell Chile Index 31.3% 38.5%
Russell Colombia Index 25.3% 45.1%
Russell Brazil Index 16.0% -0.1%
Russell Mexico Index 7.9% 6.9%

The Russell Global Index measures the performance of the global equity market based on all investable equity securities, and is constructed to provide a comprehensive and unbiased barometer for the global segment. The index includes more than 10,000 securities in 61 countries, and covers 98% of the investable global market. All securities in the Russell Global Index are classified according to size, region, country and sector; as a result the index can be segmented into more than 300 distinct benchmarks. Further information and Daily Returns for the main components of the Russell Global Index can be found here:

Indexes are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Russell's publication of the Indexes or Index constituents in no way suggests or implies a representation or opinion by Russell as to the attractiveness of investing in a particular security. Inclusion of a security in an Index is not a promotion, sponsorship or endorsement of a security by Russell and Russell makes no representation, warranty or guarantee with respect to the performance of any security included in a Russell Index.

Index returns in this piece are based on USD.

This is not an offer, solicitation, or recommendation to purchase any security or the services of any organization. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed. Russell Investments reserves the right at any time and without notice to change, amend, or cease publishing the information. It has been prepared solely for informative purposes. It is made available on an "as is" basis. Russell Investments does not make any warranty or representation regarding the information. Without prior written permission from Russell Investments, it may not be reproduced, in whole or in part, in any form, other than for your own personal, non-commercial use. 

Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.