DENVER, Nov. 07, 2017 (GLOBE NEWSWIRE) -- INDEX FUNDS announces the availability of INDEX on Pershing’s FundVest®
INDEX seeks to track, before fees and expenses, the total return of the S&P 500® Equal Weight Index1 and goes by the name Index Funds S&P 500 Equal Weight No Load shares with an easy to remember ticker symbol: INDEX
“INDEX FUNDS’ participation on Pershing’s FundVest® NTF mutual fund platform demonstrates our commitment to provide investors and advisors 'transaction-free' access to one of the most recognizable indexes in the world!” said S. Todd Johnson, National Sales Director at INDEX FUNDS.
“According to Standard & Poor’s, the S&P 500® Equal Weight Index has outperformed 98% of all large-cap fund managers over the last 10 years with the traditional S&P 500® Index1 only outperforming 85% over the same time period. We built INDEX from the ground up to provide investors and advisors with what we believe is the Best Kept Secret on Wall Street.” Go to www.INDEX.fund/performance to see the chart.
The S&P 500® Equal Weight Index (EWI) is the equal-weight version of the S&P 500® Index. It contains the same constituents as the cap-weighted S&P 500®, but each company in the S&P 500® Equal Weight Index is allocated the same weight at each quarterly rebalance. The S&P 500® Equal Weight Index has outperformed the traditional cap-weighted S&P 500® Index 10 out of the last 14 years.
About INDEX FUNDS
Call 844.GO.INDEX (844.464.6339) or visit www.INDEX.fund
Distributor: ALPS Distributors, Inc.
S. Todd Johnson is a Registered Representative of ALPS Distributors, Inc.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. Click the link to obtain a Prospectus which contains this and other information, or call 1-844-GO-INDEX (1-844-464-6339). Read the Prospectus carefully before investing.
Past performance does not guarantee future results. The Funds are not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested. The Funds are subject to several risk factors.
You cannot invest directly in an index. Index performance does not represent actual Fund or portfolio performance. Index performance assumes reinvestment of dividends but does not reflect any management fees, transaction costs or other expenses that would be incurred by a fund or portfolio, or brokerage commissions on transactions in fund shares. Such fees, expenses, and commissions could reduce returns.
1The S&P 500® is widely regarded as the best single gauge of large cap U.S. equities. There is over USD 7.8 trillion benchmarked to the index, with index assets comprising approximately USD 2.2 trillion of this total. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. The S&P 500® Equal Weight Index (EWI) is the equal-weight version of the widely-used S&P 500. The index includes the same constituents as the capitalization weighted S&P 500, but each company in the S&P 500 EWI is allocated a fixed weight - or 0.2% of the index total at each quarterly rebalance.
The S&P 500® Equal Weight Index, (the “Index”) is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”) and has been licensed for use by The Index Group, Inc. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by The Index Group, Inc. The Index Funds S&P 500 Equal Weight is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Equal Weight Index.
To read the Principal Risks disclosures for INDEX FUNDS, click here.
Contact Information:
S. Todd Johnson
National Sales Director
The Index Group, Inc.
T: 719.884.7500
E: Todd.Johnson@INDEX.fund
Todd Johnson is a Registered Representative of ALPS Distributors, Inc.