The Russell 2000 index is an index measuring the performance of approximately 2,000 small cap companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 1000 index is an index of approximately 1,000 of the largest companies in the U.S. equity markets and is a subset of the Russell 3000 Index. Investors cannot invest directly in any index. Index performance does not reflect deductions for fees, expenses or taxes.
The views expressed are the views of Fred Alger Management, Inc. as of October 2017. These views are subject to change at any time and they do not guarantee the future performance of the markets, any security or any funds managed by Fred Alger Management, Inc. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. S&P 500 Index: An index of large company stocks considered representative of the U.S. stock market. Investors cannot invest directly in any index. Index performance does not reflect deduction for fees, expenses, or taxes. Investors cannot invest directly in any index.
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