Research and select an equity index based on the following category assignments: for last names that begin with M through P: U.S. style, any cap
In your initial post (minimum 300 words),
Identify the following facts for your selected index:
name
representation
number of securities
weighting method
rebalancing frequency
Identify any changes (“reconstitution”) of the index within the past 3 years.
Include APA Style reference(s) and links to the source(s) of this information.
Evaluate the return performance of this index over the most recent 1-, 3-, and 5-year time periods.
Discuss the pros and cons of investing directly in an index.