RUSSELL INVTS FIXED INCOME POOL SER ETF UNITSRUSSELL INVTS FIXED INCOME POOL SER ETF UNITSRUSSELL INVTS FIXED INCOME POOL SER ETF UNITS

RUSSELL INVTS FIXED INCOME POOL SER ETF UNITS

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Key stats


Assets under management (AUM)
‪25.97 M‬CAD
Fund flows (1Y)
‪−11.88 M‬CAD
Dividend yield (indicated)
4.03%
Discount/Premium to NAV
−0.4%

About RUSSELL INVTS FIXED INCOME POOL SER ETF UNITS


Issuer
Russell Investment Management LLC
Brand
Russell
Expense ratio
0.58%
Inception date
Jan 22, 2020
Index tracked
No Underlying Index
Management style
Active
The fund aims to provide diversification and stable cash flow through an actively-managed portfolio of primarily Canadian bonds that are BBB-rated or higher. The fund is managed with respect to interest rates, sector selection, security selection, currency, and global management. Although the fund focuses primarily on investment grade securities, it may also invest in some lower-rated securities. The fund is expected to use forward contracts to hedge most of its foreign currency exposure, or, in some cases, to gain exposure to foreign currency with respect to its Canadian cash. RIFI also seek to generate returns by its currency management and may enter into securities lending transactions for additional income. Foreign securities are limited to 30% of the funds net assets.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Government
Corporate
Stocks0.36%
Industrial Services0.18%
Finance0.15%
Technology Services0.03%
Energy Minerals0.00%
Consumer Services0.00%
Miscellaneous0.00%
Bonds, Cash & Other99.64%
Government46.86%
Corporate43.13%
Securitized6.77%
Cash1.94%
Agency0.36%
Municipal0.34%
Miscellaneous0.24%
Summarizing what the indicators are suggesting.
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Neutral
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.