Russell Investments Launches Russell Focused US Equity Pool and Russell Focused US Equity Class

  • Fund provides more concentrated stock holdings and value tilt

TORONTO, Sept. 19, 2011 /CNW/ - Russell Investments Canada Limited (Russell) announced that it is launching the Russell Focused US Equity Pool, as well as a corporate class version, the Russell Focused US Equity Class. The fund, which emphasizes, value-oriented stocks, is a concentrated portfolio of approximately 50 to 70 of the most compelling companies in the U.S. market.

"We believe the U.S. equity market is currently trading at compelling relative valuation levels in comparison to other equity markets. U.S. companies are still the most competitive and profitable companies in the world, and their current prices may present an opportunity for investors. Russell Focused US Equity Pool and the corporate class version are attractive investment options for individuals looking to participate in the long-term growth potential of U.S. equities," said David Feather, President and Chief Executive Officer, Russell Investments Canada. "The fund also provides a solution for investors and advisors who want a concentrated portfolio and modest bias to value in their investment portfolios," said Feather.

Russell has selected Lazard Asset Management (Canada), Inc., Levin Capital Strategies, L.P. and Mar Vista Investment Partners, LLC as the sub-advisers for the Pool.

"We have selected these firms for their expertise in managing concentrated portfolios, and their proven approaches to strong stock selection, which is so important in this environment," said Greg Nott, Chief Investment Officer, Russell Investments. "With each sub-adviser holding only a limited number of stocks, you can be certain they will have strong conviction in these securities."  They are also able to hold a  cash position, in the event that market conditions reduce their ability to find attractively valued opportunities," said Nott.

Russell will maintain continuous oversight of the portfolio and the sub-advisers, and adjust portfolio weightings as needed.

About Russell Investments

Founded in 1936, Russell Investments is a global financial services firm that serves institutional investors, financial advisers and individuals in more than 40 countries. The firm has $158 billion in assets under management as at June 30, 2011 in its mutual funds, retirement products, and institutional funds.

Russell Canada was recently named the #1 fastest growing money manager in Benefits Canada's 2010 Top 40 Money Managers Report. For more information about how Russell helps to improve financial security for people, visit us at www.russell.com/ca.

Important Information

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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. This is a publication of Russell Investments Canada Limited and has been prepared solely for information purposes. It is made available on an "as is" basis. Russell Investments Canada Limited does not make any warranty or representation regarding the information.

Russell Investments and the Russell Investments logo are registered trademarks of Frank Russell Company, used under license by Russell Investments Canada Limited.

Copyright © Russell Investments 2011. 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.

 

SOURCE Russell Investments Canada Limited

For further information:

Media  
Contact: 416-825-2125
Russell  
Contact:  Catherine Winchell 416-640-6899
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