Russell Investments Canada has rolled out a new U.S. dollar series of its Russell 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 to Russell Canadian Fixed Income Fund is sub-advised by Canso Investment Counsel, PIMCO and Beutel Goodman & Company. Russell Managed Yield Class is also offered in Canadian dollar series.
Click here for the release from Canada Newswire.