Key stats
About RUSSELL INVTS FIXED INCOME POOL SER ETF UNITS
Expense ratio
0.58%
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Inception date
Jan 22, 2020
The fund aims to provide diversification and stable cash flow through an actively-managed portfolio of primarily Canadian bonds that are BBB-rated or higher. The fund is managed with respect to interest rates, sector selection, security selection, currency, and global management. Although the fund focuses primarily on investment grade securities, it may also invest in some lower-rated securities. The fund is expected to use forward contracts to hedge most of its foreign currency exposure, or, in some cases, to gain exposure to foreign currency with respect to its Canadian cash. RIFI also seek to generate returns by its currency management and may enter into securities lending transactions for additional income. Foreign securities are limited to 30% of the funds net assets.
Classification
What's in the fund
Exposure type
Corporate
Government
Stocks0.33%
Finance0.21%
Industrial Services0.07%
Technology Services0.04%
Energy Minerals0.00%
Consumer Services0.00%
Bonds, Cash & Other99.67%
Corporate45.47%
Government44.96%
Securitized7.21%
Cash1.31%
Municipal0.49%
Miscellaneous0.24%