Lynnfield, Mass. (December 9, 2011) — Investors Capital Holdings,
Ltd. (NYSE Amex: ICH), a financial services holding company, was added to the Russell
Microcap® Index after Russell Investments reconstituted its family of U.S. indexes.
New membership lists for Russell Indexes are available at http://www.russell.com/indexes/tools-resources/reconstitution.asp.
Membership in the Russell Microcap Index, which remains in place for one year, means
automatic inclusion in the appropriate growth and value style indexes. Russell determines
membership for its equity indexes primarily by objective, market-capitalization
rankings, and style attributes.
Russell indexes are widely used by investment managers and institutional investors
for index funds and as benchmarks for both passive and active investment strategies.
An industry-leading $3.9 trillion in institutional assets currently are benchmarked
to them.
Annual reconstitution of Russell Indexes captures the 4,000 largest U.S. stocks
as of the end of May, ranking them by total market capitalization to create the
Russell 3000 Index and Russell Microcap. These investment tools originated from
Russell’s multi-manager investment business in the early 1980s when the company
saw the need for a more objective, market-driven set of benchmarks in order to evaluate
outside investment managers.
Russell reconstituted its family of U.S. indexes on June 24, 2011. More information
on the Russell Microcap and other Russell Indexes, including daily returns, is available
at http://www.russell.com/indexes/data/default.asp.
About Russell:
Russell Investments provides strategic advice, world-class implementation, state-of-the-art
performance benchmarks and a range of institutional-quality investment products.
Russell has more than $161 billion in assets under management as of March 31 2011,
and serves individual, institutional and advisor clients in more than 35 countries.
Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance
Company.
Certain statements contained in this press release that are not historical fact may
be deemed to be forward-looking statements under federal securities laws. There
are many factors that could cause our future actual results to differ materially
from those suggested by or forecast in the forward-looking statements. Such factors
include, but are not limited to, general economic conditions, interest rate fluctuations,
regulatory changes affecting the financial services industry, competitive factors
effecting demand for our services, availability of funding, and other risks including
those identified in the Company’s Securities and Exchange Commission filings.
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