SOURCE: Russell Investments

Russell Investments

March 30, 2011 22:29 ET

Russell India Index Reflects March Rally, Up 7% MTD Through March 28

SEATTLE, WA--(Marketwire - March 30, 2011) - Despite reflecting a loss of 8.7% year-to-date, the Russell India Index has rallied in March, posting a 7% gain for the month. The Russell India Index outperformed the Russell Emerging Markets Index (2.6%), Russell BRIC Index (2.5%) and Russell Asia Pacific Index (-2.3%) for the MTD period through March 28, 2011.

The negative year-to-date performance largely stems from January, when the Russell India Index reflected a loss of 12.8%. Though its performance has improved each month, the index has underperformed the Russell BRIC Index (-0.2%), Russell Emerging Markets Index (-1.3%) and Russell Asia Pacific Index (-2.7%) for the year through March 28, 2011.

Russell Indexes   January 2011 Returns   February 2011 Returns   MTD through March 28, 2011   YTD through March 28, 2011
Russell India Index   -12.8%   -2.1%   7.0%   -8.7%
Russell BRIC Index   -3.4%   0.9%   2.5%   -0.2%
Russell Emerging Markets Index   -2.8%   -1.1%   2.6%   -1.3%
Russell Asia Pacific Index   -0.9%   0.5%   -2.3%   -2.7%

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

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Notes:
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.

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.