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Russell Unveils New Index-Based ETF

Russell Investments has rolled out a new index-based exchange-traded fund .

    Russell Investmentshas rolled out a new index-based exchange-traded fund (ETF),ETF Daily Newsreports. TheRussell 2000 High Beta ETFwill track theRussell-Axioma U.S. Small Cap High Beta Index.

    The index is designed to deliver exposure to large cap U.S. stocks.Russell Investment Managementhas been appointed as the investment adviser for the vehicle.

    Click here for the story fromETF Daily News.

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