SOURCE: Russell Investments

Russell Investments

December 29, 2010 03:00 ET

Russell Global Indexes: Financial Services Is Highest Weighted Sector in Asia and U.S.

SEATTLE, WA--(Marketwire - December 29, 2010) -  The financial services sector is currently the highest weighted sector in both the Russell Asia Pacific Index (25.9%) and the U.S. broad-market Russell 3000® Index (17.4%). At the start of the decade, the Russell Asia Pacific Index had almost equal weights in both consumer discretionary (17.6%) and financial services (17.4%) on December 29, 2000. Over the next 10 years, the financial services sector increased in weighting to 25.9%, as of December 29, 2010.

In addition, the energy sector reflects a notable shift in both regions. The lowest weighted sector (1%) in the Russell Asia Pacific Index at the end of 2000, Energy, increased to 5.6% as of December 28, 2010. In the U.S. market, the energy sector gained close to five percentage points in the Russell 3000 Index, reflecting a weighting of 11.1% as of December 28, 2010.

  Russell Asia Pacific Index   Russell 3000 Index
Russell Index Sectors Sector Weights   Sector Weights   Sector Weights   Sector Weights
 December 29, 2000  December 27, 2010  December 29, 2000  December 27, 2010
Financial Services 17.4%   25.9%   19.8%   17.4%
Technology 16.0%   13.1%   20.2%   16.7%
Health Care 5.1%   3.3%   14.8%   11.1%
Consumer Discretionary 17.6%   13.0%   12.0%   12.9%
Consumer Staples 3.1%   5.3%   6.3%   8.0%
Energy 1.0%   5.6%   6.3%   11.1%
Materials & Processing 13.6%   13.2%   2.9%   4.8%
Producer Durables 14.8%   13.5%   8.8%   12.0%
Utilities 11.6%   7.1%   8.8%   5.9%

The Russell Global Index includes more than 10,000 securities in 61 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: http://www.russell.com/indexes/data/daily_total_returns_global.asp

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

Notes:
Indexes are unmanaged and cannot by 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.

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.