Primerica Joins the Russell 3000 and Russell 2000 Stock Indexes
Primerica, Inc. recently joined the broad-market Russell 3000 as well as the small capitalization Russell 2000 Index. This prestigious inclusion comes on the heels of Primerica’s Initial Public Offering and marks a significant milestone for the newly re-founded company.
“Primerica completed our Initial Public Offering on April 1, 2010 and today we are excited to be included in the prestigious Russell Indexes,” said John A. Addison, Jr., Co-CEO of Primerica.
D. Richard Williams, Chairman of the Board and Co-CEO of Primerica, said, “This is an important milestone for our company. Inclusion in the Russell Indexes provides outstanding exposure for our company.”
What is the Russell Index?
Russell U.S. Indexes allow investors to track current and historical market performance by specific market segment (large cap/small cap) or investment style (growth/value).
- The Russell 3000 Index measures the performance of the largest 3,000 companies in the United States, representing approximately 99% of the U.S. equity market.
- The Russell 2000 Index is a subset of the Russell 3000 Index and measures the performance of the small-cap segment of the market.
About Russell Investments
Russell Investments is a global investment company with $179 billion in assets under management as of March 31, 2010. Russell serves individual, institutional and advisor clients in more than 40 countries and provides investment solutions, including mutual funds, retirement investments, institutional asset management, implementation services and global stock market indexes.
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