Russell Investments proposes changes to Russell Investments Smaller Companies Pool and Russell Investments Smaller Companies Class
TORONTO, Feb. 19, 2015
Russell Investments, a leading global provider of multi-asset solutions, is seeking to approve a change to allow each of the Funds to provide long-term capital appreciation principally through exposure to both global and Canadian equity securities of issuers with a smaller market capitalization. Russell Investments also proposed changing the names of the Funds to Russell Investments Global Smaller Companies Pool and Russell Investments Global Smaller Companies Class, which reflects the change in investment objectives.
If the change is approved by investors, the Funds will have the ability to invest primarily in shares of foreign companies, using the following styles: market-oriented, value, growth and small capitalization.
Full details about the proposed investment objective changes will be outlined in a Management Information Circular and Proxy to be mailed in May to investors of record. A special meeting of investors will be convened on or about June 23, 2015 to approve the changes. If the above changes are approved, they will take effect on or about June 30, 2015.
About Russell Investments
Russell Investments is a global asset manager and one of only a few firms that offers actively managed multi-asset portfolios and services that include advice, investments and implementation. Russell Investments stands with institutional investors, financial advisors and individuals working with their advisors—using the firm's core capabilities that extend across capital market insights, manager research, portfolio construction, portfolio implementation and indexes to help each achieve their desired investment outcomes.
Russell Investments has more than CAD$307.0 billion in assets under management (as of 9/30/2014) and works with over 2,500 institutional clients, independent distribution partners and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell Investments has US$2.4 trillion in assets under advisement (as of 6/30/2013). It has four decades of experience researching and selecting investment managers and meets annually with more than 2,200 managers around the world. Russell Investments traded more than US$1.6 trillion in 2013 through its implementation services business. Russell Investments also calculates approximately 700,000 benchmarks daily covering 98% of the investable market globally, including more than 80 countries and more than 10,000 securities. Approximately US$5.2 trillion in assets are benchmarked (as of 12/31/2013) to the Russell Indexes, which have provided investors with 30 years of smarter beta.
Headquartered in Seattle, Washington, Russell Investments operates globally, including through its offices in Seattle, New York, London, Paris, Amsterdam, Sydney, Melbourne, Auckland, Singapore, Seoul, Tokyo, Beijing, Toronto, Chicago, San Diego, Milwaukee and Edinburgh. For more information about how Russell Investments helps to improve financial security for people, visit russellinvestments.com or follow @Russell_Invest