Indexes and Exchange-Traded Funds

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.