SEATTLE, WA -- (Marketwire) -- 11/29/12 -- The Russell Canada Index has significantly outperformed the Russell UK Index since Mark Carney was appointed governor of the Bank of Canada in 2007, suggesting superior governance for Carney in his role.

Carney has now been appointed as the next governor of the Bank of England, with a five-year term set to begin in July 2013. He will be the first foreign national to head the Bank in its 318 year history, signaling a departure from tradition in the UK. Carney was appointed as governor of the Bank of Canada on October 4th, 2007 and during his tenure has been credited with helping to shield Canada from the worst of the global financial crisis. Russell Global Index returns during this time period support this claim.

• The Russell Canada Index returned 9.3% from October 4th, 2007 through November 27th, 2012 relative to a (-6.0%) return for the Russell UK Index for this same time period.
• The Russell Canada Index also outperformed the Russell Global Index and the Russell Developed Index, which had returns of 0.9% and 1.0% for this same time period.

Russell Global Index Performance: October 4th, 2007 - November 27th, 2012

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Index / Index Constituent     Index Total Return: 4/10/07-27/11/12
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Russell Canada Index                               9.3%
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Russell UK Index                                   -6.0%
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Russell Global Index                               0.9%
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Russell Developed Index                            1.0%
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Source: Russell Investments

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