Russell Investments is launching three new exchange-traded funds (ETF), Index Universe reports. The Russell Global Opportunity ETF, the Russell Bond ETF, the Russell Inflation ETF are the funds that Russell is seeking to roll out.
All three ETFs are similar to U.S. One’s sole ETF, ONEF, which is also a fund-of-funds security that amounts to an actively managed strategy using passive index funds. Russell already has over 30 ETFs in registration at the Securities and Exchange Commission.