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About Russell Investments Global Equity Pool ETF
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Inception date
Aug 9, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Russell Investments Canada Ltd.
ISIN
CA7829181063
The fund uses a multi-manager approach to invest broadly in equities from around the world, excluding Canada. The portfolio managers identify and select the strategies, sub-advisers, and weight assignments. They research, monitor, and manage sub-advisers from around the world while strategically allocating assets based on considerations that include manager and capital markets research. The pool of sub-advisers pursues various investment styles, such as value, growth or market-oriented investing. They may employ fundamental-driven, quantitative, or a combination of both approaches, to evaluate stocks that can use bottom-up, top-down, or macro-economic inputs to develop areas of focus. The portfolio managers manage the actively managed fund daily to constantly monitor risk and return expectations, making changes as appropriate. The adviser manages assets not allocated to any manager.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stocks92.17%
Finance19.37%
Electronic Technology15.62%
Technology Services12.84%
Health Technology7.28%
Consumer Non-Durables5.33%
Retail Trade5.20%
Producer Manufacturing4.32%
Commercial Services3.19%
Consumer Services2.88%
Consumer Durables2.60%
Transportation2.44%
Energy Minerals2.34%
Process Industries2.34%
Health Services1.94%
Communications1.82%
Non-Energy Minerals1.09%
Industrial Services0.98%
Utilities0.46%
Distribution Services0.14%
Miscellaneous0.01%
Bonds, Cash & Other7.83%
Mutual fund3.74%
Cash3.23%
Futures0.67%
Miscellaneous0.19%
Stock breakdown by region
North America50.46%
Europe31.15%
Asia16.62%
Latin America1.22%
Africa0.31%
Oceania0.17%
Middle East0.06%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RIGE invests in stocks. The fund's major sectors are Finance, with 19.37% stocks, and Electronic Technology, with 15.62% of the basket. The assets are mostly located in the North America region.
RIGE assets under management is 1.87 M CAD. It's risen 3.04% over the last month.
RIGE fund flows account for 654.40 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RIGE pays dividends to its holders with the dividend yield of 10.59%. The last dividend (Jan 6, 2025) amounted to 0.22 CAD. The dividends are paid monthly.
RIGE shares are issued by Russell Investments Group Ltd. under the brand Russell. The ETF was launched on Aug 9, 2024, and its management style is Active.
RIGE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RIGE invests in stocks.
RIGE price has risen by 7.13% over the last month, and its yearly performance shows a 17.92% increase. See more dynamics on RIGE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a 11.67% increase in three-month performance and has increased by 12.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a 11.67% increase in three-month performance and has increased by 12.15% in a year.
RIGE trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.