Security National Financial Corporation set to join Russell 3000® Index
27 Junho 2023 - 1:38PM
Security National Financial Corporation (SNFCA) joined the
broad-market Russell 3000® Index at the conclusion of the 2023
Russell indexes annual reconstitutions, effective after the US
market opened on June 26, 2023.
The annual Russell reconstitutions capture the 4,000 largest US
stocks as of April 28th, ranking them by total market
capitalization. Membership in the US all-cap Russell 3000® Index,
which remains in place for one year, means automatic inclusion in
either the large-cap Russell 1000® Index or the small-cap Russell
2000® Index, as well as the appropriate growth and value style
indexes. FTSE Russell determines membership for its Russell indexes
primarily by objective, market-capitalization rankings and style
attributes.
Scott Quist, President and Chairman of the Board for Security
National Financial Corporation stated: “Security National has
always strived to provide strong returns for our investors and
provide an investment vehicle that is stable. The inclusion of
Security National in the Russell 3000 this year is evidence of our
continued efforts.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12 trillion in assets
are benchmarked against Russell’s US indexes. Russell indexes are
part of FTSE Russell, a leading global index provider. This is the
second time that Security National has been added to the Russell
3000 index. Security National was also added to the Russell 3000
index in June 2020, until its reconstitution in June 2021.
For more information on the Russell 3000® Index and the Russell
indexes reconstitutions, go to the “Russell Reconstitution” section
on the FTSE Russell website.
About Security National Financial
Corporation:
Founded in 1965, Security National Financial Corporation
operates in three business segments. The Company sells and services
selected lines of life insurance, annuity products, and accident
and health insurance, operates cemeteries in Utah, New Mexico and
California and mortuaries in Utah and New Mexico, and originates
and underwrites residential and commercial loans for new
construction and existing homes.
About FTSE Russell:FTSE Russell is a global
index leader that provides innovative benchmarking, analytics and
data solutions for investors worldwide. FTSE Russell calculates
thousands of indexes that measure and benchmark markets and asset
classes in more than 70 countries, covering 98% of the investable
market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $20.1
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
Contact: Scott M. Quist or Garrett S. SillSecurity National
Financial CorporationP.O. Box 57250Salt Lake City, Utah
84157(Telephone) (801) 264-1060(Fax) (801) 265-9882Website:
www.securitynational.com
This press release contains statements that, if
not verifiable historical fact, may be viewed as forward-looking
statements that could predict future events or outcomes with
respect to the Company and its business. The predictions in these
statements will involve risk and uncertainties and, accordingly,
actual results may differ significantly from the results discussed
or implied in such forward-looking statements.
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