Russell Debuts Slew Of Factor ETFs
Russell broadened its ETF footprint considerably on Friday, rolling out a suite of ten factor ETFs offering exposure to large cap and small cap domestic equities. The aggressive expansion comes just over a week after Russell made its long awaited debut in the ETF industry with the launch of six funds offering exposure to investment discipline sub-sets of the Russell 1000 Index (the company had previously acquired the One Fund through its purchase of U.S. One). Russell is one of the largest and best-known index providers, maintaining the benchmarks behind many of the most popular domestic equity ETFs; U.S.-listed exchange-traded products linked to the Russell 1000 have about $7 billion in AUM, while those linked to the Russell 2000 and Russell 3000 have about $15 billion and $3.4 billion, respectively (excluding value and growth spin-offs). The company is now establishing a bigger presence as a direct provider of ETFs, and [...] Click here to read the original article on ETFdb.com. Related Posts: Russell Planning Major ETF Push Russell ETFs Debut October ETF Roundup: Launches, Filings, and Closures Russell, RAFI Team Up On Fundamental Indexes
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