Russell Investments Announces Proposed Fund Mergers

Toronto, ON, 2025-05-22 – Russell Investments Canada Limited proposes to merge several corporate class funds into corresponding mutual funds.

Russell Investments Canada Limited (the “Manager”) announced today that it proposes to merge Russell Investments Canadian Dividend Class, Russell Investments Emerging Markets Equity Class, Russell Investments Fixed Income Plus Class and Russell Investments Global Smaller Companies Class (each a “Terminating Fund”) into corresponding mutual funds indicated in the following table (each a “Continuing Fund”).

Terminating Funds
Continuing Funds
Russell Investments Canadian Dividend Classto merge intoRussell Investments Canadian Dividend Pool
Russell Investments Emerging Markets Equity Classto merge intoRussell Investments Emerging Markets Equity Pool
Russell Investments Fixed Income Plus Classto merge intoRussell Investments Fixed Income Plus Pool
Russell Investments Global Smaller Companies Classto merge intoRussell Investments Global Smaller Companies Pool

Each merger will be implemented by redeeming the shares of the Terminating Fund in return for a proportionate number of units of an equivalent series of its Continuing Fund.

Each merger will result in a taxable disposition of all shares of the Terminating Fund held by its investors and all units of its Continuing Fund held by the Terminating Fund. The Manager expects that this will not result in a material tax liability for most investors.

The investors of each Terminating Fund will be asked to approve its merger at special meetings to be held on or about August 1, 2025. Each merger will proceed and take effect on or shortly after August 8, 2025, if approved by its shareholders, regardless of whether any other merger is approved. Following its merger, the Terminating Fund will be wound up as soon as reasonably possible. The Manager may, in its discretion, decide not to proceed with a Merger even if it is approved by shareholders.


About Russell Investments

Russell Investments Canada Limited is a wholly owned subsidiary of Russell Investments Group, Ltd. Established in 1985, Russell Investments Canada Limited has its head office in Toronto.

 

Russell Investments is a leading global investment solutions partner providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Since 1936, Russell Investments has been building a legacy of continuous innovation to deliver exceptional value to clients, working every day to improve people’s financial security. The firm has $476 billion in assets under management (as of 12/31/2024) for clients in 30 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 17 cities around the world.

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