Russell 1000

Enhanced U.S. Equity Market

The overall objective of the Enhanced U.S. Equity Market ("EUEM") strategy is to employ an actively managed, risk controlled, enhanced indexing process to build a diversified portfolio of companies with characteristics similar to the Russell 1000 Index and a superior valuation and earnings profile. Our performance objective is to consistently outperform the Russell 1000 Index in up and down markets while minimizing the risk of underperformance.

Click for more information about the enhanced index investment approach.

Lead Portfolio Manager

Amit Chandra, Ph.D., CFA

Inception Date:

May 31, 2003

Primary Benchmark:

Russell 1000 Index

Target Portfolio:

300– 400 Holdings
Relative Sector Weights: +/- 0.75%
Tracking Error: 0.8 – 1.2%
Expected Turnover: 40 – 60%