Russell filed on July 29 a registration statement with the Securities and Exchange Commission (SEC) for Russell Core Fixed Income ETF. 

According to the SEC filing, the fund may invest in agency or privately issued MBS. It also lists ABS as possible investments under this ETF.

Other than these securities, the fund may also buy up to 5% of its net assets in defaulted corporate securities if the sub-adviser thinks that the restructured enterprise valuations or liquidation valuations may exceed current market values. 

The fund can also purchase, without limit, fixed income securities issued or guaranteed by companies, financial institutions and government entities in non-U.S. or emerging markets countries that may either be denominated in U.S. dollars or in foreign currencies.

Among the list of potential investments are U.S. and non-U.S. corporate debt securities, fixed income securities issued or guaranteed by the U.S. government and non-U.S. governments or by their respective agencies and instrumentalities.

It can also buy variable and floating rate securities, inverse floater securities and interest-only and principal-only securities, among other things.

For the full filing, please click on this link.


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