The funds struggled to compete with bigger firms' offerings, with just over $300 million in holdings. The closure will take place in late October.
By John Sullivan|August 21, 2012 at 01:39 PM
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Russell Investments said Friday that it will close all of its U.S. passively managed exchange-traded funds. The announcement came as the Seattle-based company reported just over $300 million in assets under management in the combined 25 funds.
The company said the action will occur on or before Oct. 24.
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