Actively managed ETF series increase access to diversified fixed income and real assets solutions
Toronto, January 21, 2020 — Russell Investments Canada Limited (“Russell Investments Canada”) announced today the launch of its initial actively managed exchange-traded fund series (ETF series) based on key Russell Investments mutual funds. Effective January 22, the new ETF series will trade on the Toronto Stock Exchange (TSX) under the following ticker symbols:
- Russell Investments Fixed Income Pool – ETF Series (Ticker: RIFI): This fund aims to provide effective diversification against equities and a stable level of cash flow by investing principally in fixed income securities of Canadian issuers that are rated by Dominion Bond Rating Service as BBB or higher or that are, in the opinion of the money manager, equivalent to such a rating.
- Russell Investments Global Unconstrained Bond Pool – ETF Series (Ticker: RIGU): This fund aims to address the challenge of low but rising interest rates that has made it difficult to find reliable, income-generating investments. Accordingly, the Pool has the flexibility to invest in a broad range of fixed-income securities across sectors, around the world, and across credit quality and maturity spectrums.
- Russell Investments Global Infrastructure Pool – ETF Series (Ticker: RIIN): This fund is designed to provide investors with an opportunity to diversify their portfolios by investing primarily through exposure to equity and fixed-income securities by companies that are involved in, or indirectly benefit from, the development, maintenance, servicing or management of infrastructures.
- Russell Investments Real Assets – ETF Series (Ticker: RIRA): This fund is designed to provide global diversification beyond traditional asset classes through global real estate securities, global listed infrastructure, commodities and real return bonds.
Each of these four Russell Investments funds will continue to offer non-listed units that can be purchased and redeemed on a daily basis.
“I’m delighted to announce the launch of our four actively managed ETF series based on key diversified fixed income and real assets solutions,” said David Steele, President, Russell Investments Canada. “These new investment options provide Canadian advisors and investors with more flexibility and share classes to navigate today’s markets.”
About Russell Investments Canada Limited
Russell Investments Canada Limited is a wholly owned subsidiary of Russell Investments Group, Ltd. Established in 1985, Russell Investments Canada Limited has its head office in Toronto.
About Russell Investments
Russell Investments is a leading global investment firm providing tailored solutions and services to institutions and individuals through financial intermediaries. Russell Investments is dedicated to improving people’s financial security, leveraging an 83-year client-centric heritage rooted in investment innovation. The firm is the fourth largest adviser in the world with CAD$398.6 billion in assets under management (as of 12/31/2019) and US$2.4 trillion in assets under advisement (as of 6/30/2019) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments operates through 21 additional offices in major financial centers such as New York, London, Tokyo and Shanghai.
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