The Russell Asia Pacific Index Returned +6.0% YTD as of July 31st Including a +1.3% Return in July

News provided by
Russell Investments
Aug. 06, 2012 12:11
SEATTLE, WA--(Korea Newswire)--The Russell Asia Pacific Index returned +6.0% year-to-date as of July 31st, including a +1.3% return in July.

For the year-to-date, the Financial Services (+15.0%), Healthcare (+12.5%) and Consumer Staples (+11.5%) sectors have led within the Index, while Energy (-0.4%) and Materials & Processing (-5.4%) sectors have shown the weakest relative performance.

For July, the Financial Services (+3.8%), Healthcare (+4.0%) and Consumer Staples (+2.6%) sectors have also shown the strongest performance within the Index, while the Producer Durables (-0.7%) and Consumer Discretionary (-0.8%) sectors have shown the weakest performance.

“Given the current market environment of risk aversion globally, it is no surprise that defensive areas of the market like Healthcare and Consumer Staples have been among the best performing sectors within the Russell Asia Pacific Index,” said Sarah Lien, Senior Research Analyst for Russell Investments. “It is particularly interesting to see the Financial Services sector doing well, as it represents 30% of the index and, therefore, tends to drive returns. This is a departure from 2011, when Financial Services stocks in the APAC index performed quite poorly.”

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here: http://www.russell.com/indexes/data/daily_total_returns_global.asp

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