Russell Adds Focused Canadian Equity Pool


    Russell Investments Canada Limited has added a focused Canadian equity pool and class for Canadian investors who want to hold a core equity fund with a defensive and value tilt. Ongoing market turmoil has many investors searching for more stability, says David Feather, president and chief executive officer at Russell. “We believe this new pool will be attractive to conservative investors who want a defensively oriented equity fund that is expected to be less volatile than the market as a whole. The new equity pool also gives investors the ability to strategically diversify their portfolios by investing in companies that offer different risk-reward characteristics than traditional Canadian equity funds.” The pool will invest in a concentrated selection of between 50 to 70 high-quality Canadian companies with strong balance sheets, solid management, and consistent earnings that trade at reasonable valuations.