Russell Investments is hard at work building up a line of exchange traded funds (ETFs).

The company filed with the Securities and Exchange Commission (SEC) to launch three fund-of-fund ETFs. The move comes in the wake of its acquisition of U.S. One, the provider of U.S. One Fund (NYSEArca: ONEF).

These three funds are only the latest filings from Russell, which already has 30-plus ETFs in the pipeline.

The ETFs in the works, according to Index Universe, are:

  • Russell Global Opportunity (NYSEArca: ONEO): Will give exposure to a range of indexes, including equities, fixed-income and real estate.
  • Russell Bond (NYSEArca: ONEB): Will give exposure to both domestic and international debt from both developed and emerging markets.
  • Russell Inflation (NYSEArca: ONEI): This fund will aim to mitigate the effects of inflation by owning a range of securities, including Treasury Inflation-Protected Securities (TIPS).

No details on the expense ratio of the funds were given. Russell Investment Management Company will be the advisor for all three of the funds.

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