Global Balanced

Sophistication made simple

Russell Investments Global Balanced combines two time-tested, industry leading multi-manager investment pools to create a simple, yet sophisticated balanced portfolio. With a strategic asset allocation of 60% Russell Investments Global Equity Pool and 40% Russell Investments Fixed Income Pool, it utilizes eight institutional asset managers that specialize in different investment styles to bring a diversified solution.

Why Balanced?

Balanced portfolios provide investors with diversification. By blending equities and bonds, which have historically exhibited low correlations into a single solution, they help provide returns with less volatility. The allocation to fixed income provides investors with income and stability, while the allocation to equities provides growth potential.

Why Global?

Many investors have "home country bias," meaning the majority of their investments are in Canadian equity or Canadian fixed income. This makes sense as you are likely to be more comfortable investing in what you know. However, considering Canada only represents approximately 3% of world stocks, an investor that limits themselves to just Canada is missing out on 97% of investment opportunities.1.


Access to leading edge, specialist managers that actively invest in multiple fixed income sectors, and have complementary equity investing styles.

Sub-advisers are current as of April 2024. Russell Investments has the right to engage or terminate a sub-adviser at any time and without notice.

Russell Investments Canada Limited (Russell Investments) intends to manage the portfolio based upon the strategic allocations noted; however, the actual allocations may vary slightly due to shifts in the market. Russell Investments will rebalance when we believe that it is strategically appropriate to do so and we may change the weightings of the underlying funds.

Three reasons to invest

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The Russell Investments process

Our approach brings some of the world's leading managers and strategies together—in a diversified, adaptive and efficient portfolio—aimed at achieving investors' goals. Our proven manager research process, refined over almost five decades, is rigorous, ongoing and effective.

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A global balanced portfolio at a competitive cost

This 60/40 portfolio combines Russell Investments Global Equity Pool and Russell Investments Fixed Income Pool to create a multi-manager portfolio diversified not just by sub-adviser, but also by investment styles. Because of Russell Investments’ capabilities to deliver effective solutions, this simple, yet unique portfolio has a very competitive cost compared to other funds in the same category.2

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An impressive 20+ year track record for each underlying pool

Russell Investments Global Equity Pool and Russell Investments Fixed Income Pool are both actively managed, multi-manager Pools launched in 2001, delivering strong investment outcomes3.

Related materials

Global Balanced

Global Balanced PDF

Stick to the plan


What a difference a year makes
In this video we look at the historical data to evaluate whether or not a 60/40 portfolio is the right approach.

1 Source: World stocks represented by MSCI World Stocks Index (as of December 31, 2023)

2 Source: Morningstar Direct, Morningstar Canada category: Global Neutral Balanced. © 2024 Morningstar Research Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

3 The past performance of the underlying funds is included for informational purposes only. The future performance of Russell Investments Global Balanced may be different than the future performance of the underlying funds. Series F is a wrap or fee-for-service program and as such, the performance shown does not include the advisory fee paid by the investor to the dealer that would have reduced returns. Series F management fees are lower than Series B.