With developed and developing countries around the world in need of modernized and expanded infrastructure to support their growing economies and populations, upgrading the world's infrastructure will likely be a dominant global theme over the next few years.

Features:

• Diversification. Tangible, long-lived assets with the potential for steady cash flow streams, which could provide investors with an additional means to diversify their portfolios.
• Possible hedge against inflation. Infrastructure companies typically have pricing power - meaning they are able to pass on higher costs to consumers by raising fees on assets, such as toll roads or airport parking. As a result, regulators typically limit the revenue growth from these assets to the rate of inflation, providing a potential for inflation hedging.
• Income generation. Infrastructure investments typically feature steady cash flows derived from tangible, long-life assets with monopoly-like pricing power; many are regulated and may feature income linked directly to inflation.
• Global, multi-manager approach. Sub-advised by three experienced infrastructure sub-advisers in this asset category. Each sub-adviser takes an active management investment approach with a 'pure-play' bias - meaning they select companies with assets that tend to be monopolistic, highly regulated, long-lived, with steady cash flows. In addition, the sub-advisers in the Russell Investments Global Infrastructure Pool strive to invest in what they believe to be the best opportunities, no matter where in the world they are located.
• Long-term return potential. Infrastructure assets offer potential for attractive, stable, long-term returns given that their earnings are often regulated, predictable, and largely resistant to economic downturns.
• Potential risks: Infrastructure-related companies could be affected by rising costs associated with more onerous environmental and other regulations, difficulty in raising adequate capital, the effects of surplus capacity, potential competition from other providers, changes in fuel costs and supply, new energy conservation policies, government regulation of rates charged to customers, and the risks of an accident or terrorist act.

Inception Date: January 31, 2013

Series	Load	Fund Code	Currency
Series B	Low Load	FRC 068	CAD
Series B	Front Load	FRC 096	CAD
Series F	No Load	FRC 108	CAD
Series O	No Load	FRC 110	CAD