Within the S&P ERFI U.S. Equity sector, the Merrill Lynch International Investment Funds U.S. Equity Fund will be closing. As a result, the S&P ERFI Index Committee will be replacing this fund with the Merrill Lynch International Investment Funds U.S. Flexible Equity Fund, effective November 1, 2004.
Standard & Poor’s does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of the S&P Europe-Registered Funds Index.
S&P ERFI
S&P ERFI was designed to represent actively managed mutual funds available to investors in France, Germany, Italy and Spain. A composite and three sub-indices, S&P ERFI currently includes 12 funds each from European Equity, U.S. Equity, and Global Fixed Income. European Equity includes funds with investment mandates across continental Europe and the United Kingdom; U.S. Equity includes funds focused across the mid- to large capitalization markets in the U.S.; Global Fixed Income includes fixed income funds with investment mandates across major world markets.
The S&P ERFI series daily index values with a one-day lag are available on the Standard & Poor's website, as well as via Bloomberg tickers SPERFIEE, SPERFIUS, and SPERFIFI. More information about the construction methodology, index history, and constituents is available on www.indices.standardandpoors.com.
Standard & Poor's
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