We tried to beat the S&P 500 for 20 years and we couldn’t, so we launched a Mutual Fund company solely dedicated to creating low cost index funds,” says Michael G. Willis, President
Colorado Springs, CO (PRWEB) September 14, 2015
Index Funds is pleased to announce its first index mutual fund: Index Funds S&P 500 Equal Weight (INDEX).
The launch of INDEX brings to market our belief that low-cost index investing is the future of investing.
“There’s a good reason why $7 trillion USD are benchmarked to the S&P 500 Index, most investors and managers can’t beat it. We tried to beat the S&P 500 for 20 years and we couldn’t, so we launched a Mutual Fund company solely dedicated to creating low cost index funds,” says Michael G. Willis, President.
The S&P 500 Index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. According to the most recent SPIVA report by Standard and Poor’s, 86.44% of large-cap fund managers underperformed the S&P 500 Index last year.
National Sales Director, S. Todd Johnson says, “The S&P 500 index is so difficult to beat, we had to find another S&P 500 Index in order to outperform it. After scouring the world of indexes, we found what we believe to be the best kept secret on Wall Street: The S&P 500 Equal Weight Index.”
The S&P 500 Equal Weight Index 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. Therefore, the holdings are balanced across all of the S&P 500 companies evenly over time. Whereas, the cap-weighted S&P 500 Index over-weights the 50 largest companies with more than 50% of the holdings.
During the past 10 years, Index equity mutual funds have nearly doubled their market share*. We believe this growth trend will continue. Why are investors choosing low-cost index mutual funds over traditional actively managed mutual funds? We believe the answer is simple. Index fund investing lowers costs and removes the noise, allowing investors to focus on what really matters… performance.
The Index Funds S&P 500 Equal Weight (INDEX) seeks to replicate, before fees and expenses, the total return of the S&P 500 Equal Weight Index (SPXEW).
About Index Funds
To learn more about INDEX, please visit http://www.Index.World or call 844.GO.INDEX (844.464.6339).
ALPS Fund Services, Inc. is the Fund Administrator for the Index Funds S&P 500 Equal Weight
ALPS Distributors, Inc. is the Fund Distributor for the Index Funds S&P 500 Equal Weight
- Source: 2015 INVESTMENT COMPANY FACTBOOK (Page 46)
There is no guarantee that the investment strategy will succeed, the strategy is not an indicator of future performance and investment results may vary.
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. 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 which are explained by visiting http://www.Index.World.
One may not invest directly in an index. Index Funds are new and have a limited operating history. Other fees and expenses apply.
S. Todd Johnson
National Sales Director
The Index Group, Inc.
Todd Johnson is a registered rep of ALPS Distributors, Inc.