The 11 new ETFs that Russell Investments has planned are passively managed, are global in focus and are based on a number of its indexes. [Read More About the ETF Industry’s Success.]
According to the Securities and Exchange Commission (SEC) filing, the featured funds will be based on the Russell Global 1000, 2000 and 3000.
Oliver Ludwig for Index Universe reports that the ETFs are:
- The Russell Global 1000 ETF
- Russell Global 1000 Growth ETF
- Russell Global 1000 Value ETF
- Russell Global 2000 ETF
- Russell Global 2000 Growth ETF
- Russell Global 2000 Value ETF
- Russell Global 3000 ETF
- Russell Global 3000 Growth ETF
- Russell Global 3000 Value
According to Russell, the proposed funds will all use representative sampling strategies, which means they may not own all the securities in the relevant underlying indexes. The ticker symbols and expense ratios for the funds are not yet known.
For more stories about new ETFs, visit our new ETFs category.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.