TORONTO, October 24, 2023 — Russell Investments Canada Limited announced today that effective November 1, 2023, the management fees charged to each of Russell Investments Money Market Pool, Russell Investments Real Assets, Russell Investments Global Infrastructure Pool and Russell Investment Global Infrastructure Class in respect of some or all of its series of units or shares will be reduced to the new rates described in the chart below:
|Fund||Series||New Management Fee|
|Russell Investments Money Market Pool||B
|Russell Investments Real Assets||B
|Russell Investments Global Infrastructure Pool||B
|Russell Investments Global Infrastructure Class||B
Similar reductions also will take effect for the Series O units or shares of the Funds.
“We continuously strive to provide Canadian investors with competitive solutions. These new fee reductions follow our recent change to lower purchase minimums to $500 for all retail funds,” said Brad Jung, president, Russell Investments Canada Limited and head of North America Advisor & Intermediary Solutions at Russell Investments. “As part of a well-diversified portfolio, we believe adding an allocation to alternatives, such as Real Assets and Global Infrastructure, can help to improve investment outcomes.”
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 solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 86-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has more than C$394.6 billion in assets under management (as of 9/30/2023) for clients in 30 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 17 cities around the world, including New York, London, Toronto, Tokyo, and Shanghai.
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