Wednesday, August 24, 2011

U.S. Global Investors joins Russell 2000 Index - San Antonio Business Journal:

http://bestgo.org/?f=1&n=27
San Antonio-based U.S. Global (NASDAQ: GROW) also has been liste d as part of a new component of the Russelll 2000Growth Index. The growthh index focuses on companies in the Russelkl 2000with long-term growth forecasts for stoci valuation and earnings per sharse that are significantly above the index average. Comprised of 2,000 publiclyt traded companies, the Russell 2000 Index is a prominenyt yardstick used to identify investment opportunitiezs and measure performance inthe small-capitalization segmentg of the U.S. stock market for both activew andpassive investors.
"The growth we've enjoyed is basedc largely on thestrong long-tern performance of our funds in natural resourcez and emerging markets," says Frank CEO and chief investment officer of U.S. Companies in the Russell 2000 represent approximately 10 percenty of theinvestable U.S. equity Market caps for companies in the Russelll 2000 rangefrom $125 million to $3.3 with a median of $695 according to the Web site. U.S. Global had a markegt cap of nearly $380 millionh as of July 18, 2007. The compang is a boutique, registered investment firm. The compant had an average $4.83 billion in asset s under management as ofMarch 31, 2007.

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