Stealth Breadth
Chart of the Week for July 20-26, 2001
Market indexes can be useful indicators of performance. Many are calculated based on the market capitalization of their component companies; the largest companies dominate these cap-weighted indexes. Alternatively, indexes may be calculated on an equal-weighted basis. Under this method all companies, regardless of size, have an equal effect on performance. Results from these two methodologies will vary. For example, the Wilshire 5000 tracks stocks for all publicly traded companies headquartered in the U.S. Comparing the two alternatives, performance is lower under the cap-weighted method than under the equal-weighted method indicating smaller stocks are outperforming larger stocks.
* This information is being provided for educational purposes and is not intended to be construed as or relied upon as investment advice. ICMA-RC does not offer specific tax or legal advice. Individuals are advised to consider any new investment strategies carefully prior to implementing. Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data illustrated. For performance data current to the most recent month end, contact ICMA-RC Services, LLC by calling 1-800-669-7400 or by writing to 777 North Capitol Street, NE, Washington, DC 20002-4240, or by visiting www.icmarc.org. Please consult both the current Vantagepoint Funds prospectus and MAKING SOUND INVESTMENT DECISIONS: A Retirement Investment Guide carefully for a complete summary of all fees, expenses, charges, financial highlights and investment objectives, risks and performance information prior to investing any money. Vantagepoint securities are distributed by ICMA-RC Services LLC, a broker dealer affiliate of ICMA-RC, member NASD/SIPC. For a current prospectus, contact ICMA-RC Services LLC, 777 North Capitol Street NE, Washington, DC 20002-4240. 1-800-669-7400.