TORONTO, Feb. 11 /CNW/ - Russell Investments Canada Limited is pleased to
announce that Class B, I-5, I-6 and I-7 units of the LifePoints Portfolios are
now available for purchase under a deferred sales charge purchase option, in
addition to the existing no load, low load and front load purchase options.
A 10% free yearly redemption entitlement is available for units purchased
under both the deferred sales charge and low load purchase options. The new
deferred sales charge options are offered in the LifePoints Target Allocation
"This initiative is designed to give advisors and investors more choice
and flexibility when choosing a purchase option. Advisors will have a full
range of LifePoints purchase options to choose from to best fit their business
strategy and client needs," said David Bullock, Managing Director of Russell
Investments' Distribution & Marketing.
The competitive redemption fee schedule should help advisors and their
businesses, since it encourages investors to concentrate on staying invested
long-term without punishing them for deciding to exit early if the situation
For full details on the LifePoints deferred sales charge option, please
contact us at 888-509-1792 or by email at email@example.com
Russell Investments (Russell) is a global leader in multi-manager
investing and one of the world leaders in investment consulting. Russell
advises institutional clients with total assets of over C$2.0 trillion and
manages approximately C$225 billion in its investment management business,
which employs Russell's MULTI-ASSET MULTI-STYLE MULTI-MANAGER(R) investment
Russell supports its global operations by monitoring more than
4,000 manager firms and their 8,600 products.
Russell Investments serves institutional and individual investors with a
full range of investment services, including investment consulting, investment
funds which include private equity and hedge funds, transition management,
commission recapture and stock indexes. Founded in 1936, Russell has its
headquarters in Tacoma, Washington, USA and has principal offices in Toronto,
New York, London, Paris, Sydney, Singapore, Auckland, and Tokyo. Russell
Investments Canada Limited is a wholly-owned subsidiary of Frank Russell
Company. For more information, please go to www.russell.com/ca.
Russell Investment Group is a registered trade name of Frank Russell
Company, a Washington, USA corporation. It operates in Canada through its
subsidiary Russell Investments Canada Limited. Frank Russell Company is a
subsidiary of The Northwestern Mutual Life Insurance Company.
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.
For further information:
For further information: Thien Huynh, (416) 640-2529