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Investment Banking & Investment Services
Financials
ETF
Russell Australian Select Corporate Bond ETF is an exchange traded fund launched and managed by Russell Investment Management Ltd. The fund invests in the fixed income markets of Australia. It invests in the fixed-rate, Australian Dollar denominated corporate bonds with maturity ranging between 1 and 3 years. The fund invests in investment grade securities with a minimum rating of A by S&P and Fitch and a minimum of A2 by Moody's. It seeks to replicate the performance of the DBIQ 0-3 year Investment Grade Australian Corporate Bond Index. Russell Australian Select Corporate Bond ETF was formed on December 1, 2011 and is domiciled in Australia.
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