Russell expands multi-asset growth strategy

Russell Investments is expanding its suite of multi-asset offerings for Canadian investors with Russell Multi-Asset Growth Strategy MAGS.

The product is designed to help meet the growing demand for growth in investment portfolios amid volatile markets. MAGS is an outcome-oriented multi-asset solution that provides diversified exposure to both traditional and non-traditional asset classes, including equities, fixed income, real assets and absolute return portfolio segments.

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The investment portfolio’s asset allocation, strategies and exposures can also be tactically adapted in an effort to help manage risk and take advantage of market opportunities.

The MAGS portfolio objective is to target long-term capital appreciation with the aim of achieving equity-like returns, but with lower volatility. The fund targets a specific return objective above inflation using an outcome-oriented design, high-conviction investment strategies and tactical asset allocation. The fund provides exposure to specialist managers across a variety of different strategies, allowing investors to potentially benefit from multiple sources of return while seeking to manage risk.

MAGS was formerly known as Russell LifePoints All Equity Portfolio and Russell LifePoints All Equity Class Portfolio.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.