Balanced Composite Benchmark
The Balanced Composite Benchmark is an internally constructed benchmark comprised of a blend of 60% Russell 1000 Index and 40% Barclays U.S. Credit Index: The Russell 1000 Index is a capitalization-weighted price-only index which is composed of 1000 of the largest cap U.S.-domiciled companies whose common stock trades in the U.S. on the New York Stock Exchange, American Stock Exchange and NASDAQ and which are included in the Russell 3000® Index. This large-cap market-oriented Index is highly correlated with the S&P 500 Index. The Barclays Capital U.S. Credit Index is a sub index of the Barclays Capital U.S. Government/Credit Index. The index includes corporate and non-corporate sectors. The corporate sectors are Industrial, Utility, and Finance, which include U.S. and non-U.S. corporations. The non-corporate sectors are Sovereign, Supranational, Foreign Agency, and Foreign Local Government.