Russell Investments Canada ETF Series Declares Quarterly Distributions

12 Oct, 2023

Russell Investments Canada ETF Series Declares Quarterly Distributions

Russell Investments Canada Limited ("Russell Investments Canada") has unveiled its cash distributions schedule for the ETF Series of select mutual funds for the months of October and November. These distributions will be disbursed to unitholders of record on the Record Date, and they will receive per-unit cash payments on the Payment Date.

Russell Investments Canada Limited, established in 1985, operates as a wholly owned subsidiary of Russell Investments Group, Ltd., with its primary headquarters located in Toronto.

Russell Investments, a global investment solutions firm, offers a diverse range of investment capabilities catering to institutional investors, financial intermediaries, and individual investors. As of June 30, 2023, the firm manages a total of CA$394.2 billion in assets for clients across 30 countries. Russell Investments has its global headquarters in Seattle, Washington, and maintains a presence in 17 financial centers worldwide, including key locations such as London, New York, Sydney, Toronto, and Tokyo.

It's important to note that investments in the fund come with inherent risks, which are outlined in the prospectus. The ETF Series units are traded like stocks and may experience fluctuations in market value. These units may also trade at a discount to their net asset value, potentially increasing the risk of financial loss. Additionally, the distribution of income is not guaranteed and is subject to change or elimination. Investors are advised to carefully review the prospectus for income tax considerations and other relevant information before making investment decisions.

Russell Investments' ownership structure consists of a majority stake held by funds managed by TA Associates, complemented by a significant minority stake managed by funds overseen by Reverence Capital Partners. Furthermore, certain employees of Russell Investments and Hamilton Lane Advisors, LLC hold minority, non-controlling ownership interests in the company.

This article is based on information from Russell Investments Canada Limited and is provided as a summary of their recent announcements. Copyright © Russell Investments Canada Limited 2023. All rights are reserved.

Please note that Frank Russell Company retains ownership of the Russell trademarks mentioned in this material, along with all associated trademark rights. Members of the Russell Investments group of companies are authorized to use these trademarks under license from Frank Russell Company.