Russell Investments Files Flexible Global Bond Fund With Broad Mandate

The Russell Investments Multisector Bond ETF (RINK) is a globally flexible bond fund that can invest across investment-grade debt, high yield bonds, emerging-market debt, bank loans, mortgages, asset-backed securities, and distressed debt. The strategy combines Russell’s asset-allocation oversight with external managers and may eventually use a multi-manager structure. The fund has wide latitude to employ derivatives, currency positions, leverage, and both long and short exposures, allowing tactical shifts across sectors, regions, interest rates, and currencies. The broad mandate positions the fund as an opportunistic fixed-income strategy rather than a traditional core bond offering.