- Seeks to track the performance of the Russell 1000 Value Index.
- Large-cap value equity.
- Employs a passively managed, full-replication strategy.
- The fund remains fully invested.
- Low expenses minimize net tracking error.
About the benchmark
- The Russell 1000 Value Index measures the performance of the large-cap value segment of the U.S. equity universe.
- It includes those Russell 1000 companies with lower price-to-book ratios and lower expected and historical growth rates.