Russell Unveils U.S. Dollar Yield Class

Russell Investments Canadahas rolled out a new U.S. dollar series of itsRussell Managed Yield Class. The new offering offers investors with access to a diversified, tax efficient fixed income portfolio with a built in currency hedging strategy, to protect them from the USD/CAD exchange rate movements.

The Russell Managed Yield underlying exposure toRussell Canadian Fixed Income Fundis sub-advised byCanso Investment Counsel,PIMCOandBeutel Goodman & Company. Russell Managed Yield Class is also offered in Canadian dollar series.

Click here for the release fromCanada Newswire.