Not exact matches
J.P. Morgan makes no representation or warranty, express or implied,
to the owners of XEB or any member of the public
regarding the advisability of investing in securities generally or in XEB particularly or the ability of the J.P. Morgan
Indexes to track general stock
market performance.
Many investors believe that China is currently under - represented in global equity
indices relative
to its economic influence (for example, China represents roughly 17 % of global GDP, 11 % of global trade, and 9 % of global consumption but today comprises only a 3.5 % weight in the MSCI ACWI
Index).1, 2 Given the size of the China A-shares
market, inclusion in global
indices is
regarded as key
to bringing China's overall representation more closely in line.
With
regard to recent performance, which has been positive but modest since the
market peak last year, the main factor that has kept our returns relatively restrained despite the collapse of financials has been the simultaneous collapse of technology and consumer stocks, with cyclicals and commodities providing the greatest support
to the major
indices.
In my year - end letter I bemoaned the fact that volatility had all but disappeared from the
markets, and trillions had been invested in
index funds with little
regard to valuation.
The bull
market continues
to face some turbulence as a decline in oil prices and ongoing uncertainty
regarding tax reform conspired
to bring the large - cap
indexes lower during the session.
Rick Ferri wrote in his book «All About
Index Funds» that 25bp below the benchmark is
regarded as an ideal target.John Bogle also commented in his book «Common Sense on Mutual Funds» that the tracking error must be as close
to zero as possible for
market returns
to be as close
to 100 %.
The RAFI website states that «traditional bond
indices weight issuers solely by the
market value of each firm's outstanding debt with no
regard to underlying firm fundamentals.»
In
regards to your comment about
index funds, retail investors rarely beat the
market picking individual stocks and are better off putting their money into
index funds.
Thus, when
markets have gone up recently, they pile into
index funds, which then automatically buy stocks without
regard to price.
Note that the «Reference Capitalization
index» is a 1000 - stock capitalization - weighted equity
market index that bears close resemblance
to the highly
regarded Russell 1000, although it is not identical.
ProShares based on ICE
indexes are not sponsored, endorsed, sold or promoted by ICE or its affiliates, and they make no representation
regarding the advisability of investing in ProShares, or the ability of the
index to track general financial
market performance.
S&P Dow Jones
Indices does not make any representation or warranty, express or implied,
to the owners of the ETNs or any member of the public
regarding the advisability of investing in securities generally or in the ETNs particularly or the ability of the S&P GSCI
Indices to track general
market performance.
Morningstar makes no representation or warranty, express or implied,
to the owners of shares of the Fund or any member of the public
regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Morningstar Emerging
Markets Corporate Bond
Index (the «
Index»)
to track general stock
market performance.
Home builders» expectations
regarding present and expected single - family home sales in the 55 - plus
market both rose in the second quarter, up
to 70 and 80, in order, while expected homebuyer traffic rose 19 points
to 53 — an
Index high.