Toronto-based Russell Investments Canada Ltd. is expanding its lineup of multi-asset products with the launch of Russell Multi-Asset Growth Strategy, which provides diversified exposure to both traditional and non-traditional asset classes.
The fund’s portfolio aims to achieve equities-like returns but with lower volatility. It targets a specific return objective above inflation using an outcome-oriented design and gives investors access to multiple asset classes, including equities, fixed-income, real assets and absolute return instruments, according to the firm’s announcement released Wednesday.
“Our multi-asset approach differs from that of typical balanced funds, as it also offers exposure to non-traditional asset classes like real assets, is outcome-oriented rather than benchmark-constrained, and can be tactically adjusted,” says David Feather, president and CEO of Russell Investments Canada, in a statement.