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Russell Investments Canada Limited Announces Upcoming Redemption of the Series ETF Units of Russell Investments Global Unconstrained Bond Pool

TORONTO -- Russell Investments Canada Limited (the “Manager”) announced today that all of the outstanding Series ETF units (the “Units”) of Russell Investments Global Unconstrained Bond Pool (the “Fund”) will be redeemed for cash at their net asset value per Unit on November 30, 2021 (the “Redemption Date”). The redemption amount will be paid on the December 2, 2021. The Manager has concluded that, due the relatively small number of Units outstanding, the ongoing expenses allocable to the Units is disproportionately large and it would be in the best interest of Unitholders to redeem the Units for cash. The last day on which the Units (TSX: RIGU) will trade on the Toronto Stock Exchange is November 30, 2021. Read More

from Financial Post https://ift.tt/3ntYiry
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