The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Russell Readies Retirement Income Funds Not Rated 3.5 Email Routing List Email & Route  Print Print
Monday, November 26, 2007

Russell Readies Retirement Income Funds

Reported by Erin Kello

Russell Investment Group has joined the retirement income mutual fund game, filing with the SEC to launch three funds.

In a filing dated November 21, Russell unveiled plans to roll out A shares for the Retirement Income Distribution Fund I; the Accelerated Distribution Funds I and the Extended Distribution Fund I.

Russell's funds are on the expensive end of the retirement income spectrum, with expense ratios of 133 basis points for the Retirement Income Distribution Fund, 124 bps for the Accelerated Distribution Fund, and 128 basis points for the Extended Distribution Fund.

By comparison, Vanguard's fund of funds carries an expense of 34 bps, Fidelity's funds carry expenses of 54 to 65 bps, and Schwab's funds carry an expense ratio of 63 to 87 bps. Hancock's funds most closely match Russell's expense ratios with fees of 135 to 205 bps.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use