Russell Investments Canada Ltd. has enhanced the Russell LifePoints Portfolios line-up, providing Canadian investors with a broader range of multi-asset solutions for their investment needs.
Russell has launched two new LifePoints Portfolios and has further diversified the fixed-income allocation in its existing LifePoints Portfolios through exposure to global high-yield bonds and emerging markets debt, the company said Monday.
Investors can now access a 100% fixed-income allocation through Russell LifePoints Fixed Income Portfolio, or an 80% fixed-income/ 20% equity allocation through Russell LifePoints Conservative Income Portfolio.
All LifePoints Portfolios are now available in a corporate class version which provides the opportunity to achieve more tax-efficient investment results. As well, investors who hold Russell LifePoints Conservative Income Portfolio or Class Portfolio can select a 5% income distribution option.
“Russell LifePoints Portfolios offer investors a convenient one-stop purchase option that provides access to skilled sub-advisers, new sources of return, and achieves further diversification to help manage their risk/return objectives,” says David Feather, president & CEO, Russell Investments Canada. “Their sophisticated construction gives investors access to a blend of assets designed to maximize return potential for their targeted level of risk objectives.”
Each of these new Russell LifePoints Portfolios and most of the existing LifePoints Portfolios gives investors access to the new Russell Global High Income Bond Pool, which provides exposure to high-yield bonds and emerging markets debt.
“As equity markets remain volatile and traditional government securities offer low yields, exposure to global high-yield bonds and emerging markets debt may increase return potential and lower risk through diversification,” explains Greg Nott, chief investment officer. “They also have historically had a low correlation to other fixed-income securities.”