Key stats
About RUSSELL INVESTMENTS GLOBAL EQUITY P UNITS ETF SER
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Inception date
Aug 9, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Russell Investments Canada Ltd.
The fund uses a multi-manager approach to invest broadly in equities from around the world, excluding Canada. The portfolio managers identify and select the strategies, sub-advisers, and weight assignments. They research, monitor, and manage sub-advisers from around the world while strategically allocating assets based on considerations that include manager and capital markets research. The pool of sub-advisers pursues various investment styles, such as value, growth or market-oriented investing. They may employ fundamental-driven, quantitative, or a combination of both approaches, to evaluate stocks that can use bottom-up, top-down, or macro-economic inputs to develop areas of focus. The portfolio managers manage the actively managed fund daily to constantly monitor risk and return expectations, making changes as appropriate. The adviser manages assets not allocated to any manager.
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RIGE trades at 22.74 CAD today, its price has risen 0.57% in the past 24 hours. Track more dynamics on RIGE price chart.
RIGE net asset value is 22.37 today — it's risen 12.98% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RIGE assets under management is 562.16 K CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RIGE price has risen by 12.69% over the last month, and its yearly performance shows a 12.52% increase. See more dynamics on RIGE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.98% over the last month, showed a −1.62% decrease in three-month performance and has increased by 2.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.98% over the last month, showed a −1.62% decrease in three-month performance and has increased by 2.19% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, RIGE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RIGE pays dividends to its holders with the dividend yield of 11.77%.
RIGE trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RIGE shares are issued by Russell Investments Group Ltd.
RIGE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 9, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.