Russell Short Term Income Class - US Dollar Hedged Series
A short term fixed income solution that offers the potential for lower volatility than longer duration fixed income funds. It also carries less interest rate risk.
The Russell US Dollar Hedged Series is suitable for investors who want U.S. dollar denominated exposure while maintaining key Canadian and international asset classes. The US Dollar Hedged Series offers protection from movements in the US/CAD dollar exchange rate.¹
The Russell Short Term Income Pool invests primarily in shorter maturity fixed income securities. The fund may invest in foreign fixed income securities and will typically hedge most of the foreign currency risk through forward contracts.
*Inception Date: August 21, 2012
¹ The series will minimize, not eliminate currency fluctuations. for more information see the current Simplified prospectus of each fund.