SOURCE: Russell Investments

Russell Investments

November 18, 2011 04:30 ET

The Russell Netherlands Defensive Index Reflected a +2.1% Return YTD Through November 15, While the Russell Middle East North Africa Defensive Index Posted a (-15.0%) Return for the Same Time Period

SEATTLE, WA--(Marketwire - Nov 18, 2011) - The Russell Netherlands Defensive Index posted a positive return of +2.1% year-to-date, while the Russell Middle East North Africa Defensive Index reflected a loss of (-15.0%) year-to-date through November 15. Quarter-to-date, the Russell Netherlands Defensive Index (+9.1%) outperformed the Russell Netherlands Dynamic Index (+4.2%) by 4.9 percentage points, through November 15.

"The effects of the ongoing debt crisis and policy deficit in Europe is evidenced in part by the performance of Russell's Netherlands Indexes, as defensive stocks have outperformed dynamic stocks both quarter and year-to-date, as investors vacillate between risk-on and risk-off," said Stephen Wood, New York-based Chief Market Strategist for Russell Investments.

The Russell Middle East North Africa (MENA) Dynamic Index suffered a significant loss of (-25.0%) year-to-date through November 15, underperforming the Russell MENA Defensive Index which reflected a relatively smaller (-15.0%) loss for the same time period.

Quarter-to-date, the Russell MENA Dynamic Index reflected a 0.9% return, marginally outperforming the Russell MENA Defensive Index (-1.4%) through November 15, 2011.

The Russell Global Defensive and Dynamic Indexes split the broad equity market in half based on a combination of stability factors; the more stable half of the market is called "Defensive" and the less stable half is called "Dynamic."

Russell Index QTD Returns
(through
November 15, 2011)
YTD Returns
(through
November 15, 2011)
Russell Netherlands Defensive Index 9.1% 2.1%
Russell Netherlands Dynamic Index 4.2% -23.6%
Russell Netherlands Index 8.0% -4.8%
Russell Index QTD Returns
(through
November 15, 2011)
YTD Returns
(through
November 15, 2011)
Russell MENA Defensive Index -1.4% -15.0%
Russell MENA Dynamic Index 0.9% -25.0%
Russell MENA Index 1.9% -13.8%

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