This actively managed fund aims to provide both diversification and a steady flow of cash. It primarily invests in Canadian debt instruments, mainly those rated BBB or better. The fund's management strategy is comprehensive, considering interest rate movements, strategic sector and individual security choices, currency dynamics, and broader global market conditions. Although its focus is largely on investment-grade bonds, it retains the flexibility to invest in some lower-rated securities. To manage foreign exchange risk, the fund generally employs forward contracts for hedging, and may also use them to gain international currency exposure with its Canadian dollar holdings. RIFI also strives to boost returns through its currency management and can engage in securities lending for supplementary income. Foreign securities are capped at 30% of the fund's total net assets.

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Russell Investments Fixed Income Pool

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.

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