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The Russell-Axioma Momentum Indexes


First in a new series of factor-based indexes.

The Russell-Axioma Momentum Indexes are designed to manage exposure to momentum, a widely researched risk factor that may explain and predict a significant portion of a securities' return.

A practical solution for managing exposure to risk

Russell Indexes, industry leader in objective, transparent index design, and
Axioma, Inc., innovator of advanced tools for portfolio optimization and risk analysis, have collaborated to create a new series of factor-based indexes to measure stock performance in various market segments.

The Russell-Axioma Momentum Indexes are the first of an innovative series of factor-based indexes.

These indexes are market-neutral optimized products designed to:

 
  • Isolate momentum exposure, by neutralizing exposure to non-momentum risk factors,

  • Closely track underlying momentum index returns and

  • Manage implementation and transaction costs for products created based on the indexes.

With a methodology designed to control key characteristics including Index tracking error, turnover, and neutrality to non-momentum factors, the Russell-Axioma Momentum Indexes offer investors a practical solution for managing exposure to momentum risk.

For more information:

Call Russell Indexes at 866-551-0617 or e-mail index@russell.com.






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.

Russell Investments is the owner of the trademarks, service marks and copyrights related to its respective indexes. Russell and Axioma are the source and joint owners of the trademarks, service marks and copyrights related to the Russell-Axioma Momentum Indexes.

Russell's publication of the Russell Indexes, including the Russell-Axioma Momentum Indexes, in no way suggests or implies an opinion by Russell as to the attractiveness or appropriateness of investments in any or all securities upon which the Russell Indexes are based.

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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.