Russell launches Canadian Equity Pool

Russell Investments Canada has launched the Russell Focused Canadian Equity Pool and class for Canadian investors.

It’s designed for those who want to hold a core equity fund with a defensive and value tilt.

“Ongoing market turmoil has many investors searching for more stability,” says David Feather, president and CEO of Russell Investments Canada. “This new pool will be attractive to conservative investors who want a defensively-oriented equity fund that’s less volatile than the market as a whole.”

Read: Positive but volatile investment climate: Russell

He adds, “The new pool gives investors the ability to strategically diversify their portfolios by investing in companies that offer different risk-reward characteristics than traditional Canadian equity funds.”

The new Pool will invest in a concentrated selection of 50-to-70 high-quality companies.

“The companies chosen for the Pool should have strong balance sheets, solid management and consistent earnings, and they should trade at reasonable valuations,” says Greg Nott, chief investment officer for Russell Investments Canada.

The class also offers investors tax efficiency in their non-registered investments, and the pool will be sub-advised by three Canadian equity managers.

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