Overview
Description
The Russell 2000 Mutual Fund is an open-ended mutual fund designed to track the performance of the Russell 2000 Index, a widely recognized benchmark representing approximately the 2,000 smallest publicly traded companies within the U.S. equity market. The primary function of this fund is to provide investors with diversified exposure to the small-cap segment of the U.S. economy, making it an important instrument for those seeking to participate in the growth potential and unique risk-return characteristics of smaller American businesses. Notable features of the fund include its broad sector coverage, spanning industries like healthcare, technology, consumer goods, and industrials, offering a cross-section of emerging and dynamic firms that often serve as economic growth drivers. In the broader financial market, the Russell 2000 Mutual Fund serves as a key vehicle for investors and institutions looking to diversify their portfolios beyond large-cap stocks, utilize small-cap equities for portfolio allocation strategies, or use the benchmark's performance as a gauge for economic sentiment within the small-cap universe.
About
Address
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Phone
+352 42101-1
Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON