Terms and conditions

All content on russellinvestments.com is copyright Russell Investments Group, LLC. All rights reserved.

Important legal information

The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed. Russell Investments reserves the right at any time and without notice to change, amend, or cease publication of the information. It has been prepared solely for informative purposes. It is made available on an "as is" basis. Russell Investments does not make any warranty or representation regarding the information. This material is proprietary and without prior written permission from Russell Investments, it may not be reproduced, in whole or in part, in any form, other than for your own personal, noncommercial use.

This is a publication of Russell Investments. Nothing in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The contents in this publication are intended for general information purposes only and should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional concerning your own situation and any specific investment questions you may have.

For further information about these contents, please contact Russell Investments by calling 1-800-426-7969 or by sending an e-mail message to ris@russellinvestments.com.

Performance quoted represents past performance and should not be viewed as a guarantee of future results. The investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Please remember that all investments carry some level of risk including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.

Limited Linking License for other sites and other uses

Commercial and other web sites may include a link to Russell Investments' web site (russellinvestments.com) so long as any such link satisfies all five (5) of the following requirements:

  1. Resolves to the homepage of Russell Investments at russellinvestments.com.
  2. Indicates clearly that the link will lead to the web site of Russell Investments.
  3. Does not falsely represent or suggest any relationship between the linking site and Russell Investments (including suggestions of affiliation, endorsement, or sponsorship).
  4. Does not deliver Russell Investments' content inside a framed environment.
  5. Maintains the integrity of Russell Investments' layout, content, and look and feel.

This Limited License expressly prohibits the framing of Russell's content in any way or any other activity, specifically including but not limited to referencing "Russell Investments" or "Russell" as a metatag, that may create a misimpression or confusion among users with respect to sponsorship or affiliation.

Russell Investments logo

is a registered trademark of Russell Investments in the U.S. and/or other countries.

Transition Management Services offered by Russell Investments Implementation Services, LLC., member FINRA / SIPC.

The information, analyses and opinions set forth herein are intended to serve as general information only and should not be relied upon by any individual or entity as advice or recommendations specific to that individual entity. Anyone using this material should consult with their own attorney, accountant, financial or tax adviser or consultants on whom they rely for investment advice specific to their own circumstances.

Products and services described on this website are intended for United States residents only. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.

Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.

Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates Management, L.P., with a significant minority stake held by funds managed by Reverence Capital Partners, L.P. Certain of Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.

Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the "FTSE RUSSELL" brand.

© Russell Investments Group, LLC. 1995-2025. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.

Updated March 2025. CORP-10808