The Russell US Futures Index Series is designed to reflect the total return performance (including from interest) of the first nearby futures contracts. The series has a pre-determined methodology for the standard roll schedule for the future contracts.
The roll schedule is over three days, commencing five days before expiration of the futures contract. This index series will offer investors exposure to the Russell 2000 Index via the use of Futures and a pre-defined roll methodology, resulting in an alternative and potentially more cost-efficient approach compared with equities.
The underlying Russell 2000 Index is one of the flagship indices for small cap exposure in the US market and one of FTSE Russell's most widely used products. The index perfectly complements the Russell 1000 - with no gaps or overlaps - to give a complete view of the US equity market.
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