Russell 2000 Index Fund

The Russell 2000 Index Fund is a passively managed equity fund designed to replicate the performance of the Russell 2000 Index, a widely recognized benchmark tracking approximately 2,000 of the smallest publicly traded companies in the United States. By mirroring the Russell 2000, the fund provides broad exposure to the small-cap segment of the U.S. equities market, capturing firms across diverse sectors such as industrials, healthcare, financials, technology, and consumer discretionary. These companies are selected from the larger Russell 3000 Index, representing the lower two-thirds by market capitalization and collectively reflecting roughly 7% of the total U.S. equity market value. The fund enables investors to efficiently access the growth potential and diversification advantages linked to small-cap stocks, often sought for their role in representing emerging trends and the overall health of the U.S. economy. By passively tracking the index, the fund maintains its holdings in close alignment with changes to the index’s composition, rebalance schedule, and sector weightings. This makes it a key tool for investors, institutions, and portfolio managers seeking small-cap exposure or an effective performance benchmark for actively managed funds within this market segment.