Russell ETFs Debut
Russell, the firm behind many of the indexes underlying popular equity exchange-traded products, has made its long awaited entrance into the ETF industry as a product sponsor. Earlier this year, Russell acquired Reno-based U.S. One, and subsequently renamed the One Fund (ONEF) to the Russell Equity ETF. Now the firm is rolling out a suite of indexed products to complement the actively-managed ONEF. The six products debuting on Thursday are part of the Russell Investment Discipline ETFs suite, designed to offer exposure to various investment disciplines commonly used by professional investment managers within the exchange-traded structure: Growth At A Reasonable Price ETF (GRPC): Linked to the Russell U.S. Large Cap Growth at a Reasonable Price Index, this fund will seek to replicate the GARP strategy that has long been popular among many money managers and individual investors. The underlying strategy is relatively simple: identify stable companies that are moderately priced [...] Click here to read the original article on ETFdb.com. Related Posts: Russell, RAFI Team Up On Fundamental Indexes October ETF Roundup: Launches, Filings, and Closures Russell Planning Major ETF Push U.S. One / Russell Planning More ETFs ETF Filings: Real Return, Equal Weighting, Mortgage REIT Funds On Tap
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