Russell launches Global Infrastructure and Global Credit Strategies funds

New funds offer advisors opportunity to increase global allocations to client portfolios

Tacoma, WA — Ocober 6, 2010 — Aiming to capture opportunities created by the global shift in financial markets, Russell Investments has launched the Russell Global Infrastructure Fund and the Russell Global Credit Strategies Fund, enabling advisors to expand their clients' access to global investments. The two funds also have been added to the Russell LifePoints® Funds Target Portfolio Series and Russell Core Model Strategies.

The Russell Global Infrastructure Fund is designed to offer investors access to "real assets," a category often used by investors looking for enhanced diversification and broader opportunities beyond traditional markets, as well as a potential hedge against inflation. Alternatively, the Russell Global Credit Strategies Fund will offer tactical global bond opportunities, focusing on high yield bonds and emerging market debt and will enable advisors to diversify a client's fixed income lineup.

"Russell endeavors to consistently provide advisors and their clients with thoughtful innovation in regards to building multi-strategy portfolios, which means offering new investing alternatives that are responsive to evolution and globalization in capital markets," said Phill Rogerson, managing director, consulting services for Russell's Private Client Services business. "These two new funds join recently unveiled offerings, particularly our Russell Commodity Strategies Fund, which provide investors with access to new sources of return, skilled managers as well as broader diversification."

Russell Global Infrastructure Fund — Overview

The Russell Global Infrastructure Fund will provide access to listed infrastructure investments not widely available in a U.S. mutual fund. With a historically low correlation to equities and fixed income markets, the addition of infrastructure to a portfolio can increase diversification and can be a potential hedge against inflation, as well as an investment opportunity in both developed countries and emerging markets. The Fund will concentrate its investments in equity securities, including common stocks and preferred stocks of listed infrastructure companies located in all major global regions (including the U.S. market). The concentration of the Global Infrastructure Fund will be in developed markets with a marginal allocation to emerging markets.

Akin to other Russell funds in the "real asset" space, such as the Russell Global Real Estate Securities Fund and the Russell Commodity Strategies Fund, the Global Infrastructure Fund will utilize three managers with a depth of understanding in the respective asset category (in this instance, infrastructure investment). The fund launches with three managers: Cohen & Steers Capital Management, Inc., FAF Advisors, Inc., and Macquarie Capital Investment Management LLC.

Russell Global Credit Strategies Fund — Overview

Through the Russell Global Credit Strategies Fund investors will gain access to various global credit strategies. As a comparatively more aggressive fixed income product, the fund enhances Russell's fixed income line up and provides advisors and their clients with access to global fixed income and currency.

The fund's investments will primarily be in high yield bonds and emerging market debt, but it also will consist of investment grade securities. Underlying managers include Stone Harbor Investment Partners LP and Oaktree Capital Management, LP.

Additional information about the Russell Global Credit Strategies Fund and Russell Global Infrastructure Fund is available at: www.russell.com/us/Investment_Products/Russell_Funds/global_credit_strategies_overview.asp and www.russell.com/us/Investment_Products/Russell_Funds/global_infrastructure_overview.asp.

About Russell Investments

Founded in 1936, Russell Investments is a global financial services firm that serves institutional investors, financial advisors and individuals in more than 40 countries. Over the course of its history, Russell's innovations have come to define many of the practices that are standard in the investment world today, and have earned the company a reputation for excellence and leadership. The firm has $140 billion in assets under management (as of 6/30/10). For more information about how Russell helps to improve financial security for people, visit us at www.russell.com.

Contacts:
Steve Claiborne, 206-505-1858
Kerstin �sterberg, 718-875-2121

Fund objectives, risks, charges and expenses should be carefully considered before investing. A prospectus containing this and other important information can be obtained by calling (800) 787-7354 or visiting www.russell.com. Please read the prospectus carefully before investing.

Diversification does not assure a profit and does not protect against loss in declining markets.

Commodity futures and forward contract prices are highly volatile. Trading is conducted with low margin deposits which creates the potential for high leverage. Commodity strategies contain certain risks that prospective investors should evaluate and understand prior to making a decision to invest. Investments in commodities may be affected by overall market movements, and other factors such as weather, exchange rates, and international economic and political developments. Other risks may include, but are not limited to; interest rate risk, counter party risk, liquidity risk and leverage risk. Potential investors should have a thorough understanding of these risks prior to making a decision to invest in these strategies.

Specific sector investing such as real estate can be subject to different and greater risks than more diversified investments. Declines in the value of real estate, economic conditions, property taxes, tax laws and interest rates all present potential risks to real estate investments. Fund investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.

Investments in infrastructure-related companies have greater exposure to the potential adverse economic, regulatory, political and other changes affecting such entities. Investment in infrastructure-related companies are subject to various risks including governmental regulations, high interest costs associated with capital construction programs, costs associated with compliance and changes in environmental regulation, economic slowdown and surplus capacity, competition from other providers of services and other factors. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.

The LifePoints® Funds are a series of fund of funds which expose an investor to the risks of the underlying funds proportionate to their allocation. Investment in LifePoints Funds involves direct expenses of each fund and indirect expenses of the underlying funds, which together can be higher than those incurred when investing directly in an underlying fund.

Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

This is not an offer, solicitation, or recommendation to purchase any security or the services of any organization.

Non-U.S. markets entail different risks than those typically associated with U.S. markets, including currency fluctuations, political and economic instability, accounting changes, and foreign taxation. Securities may be less liquid and more volatile.

Copyright © Russell Investments 2012. All rights reserved.

Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and to political systems which can be expected to have less stability than those of more developed countries. Securities may be less liquid and more volatile than U.S. and longer established non-U.S. markets.

Bond investors should carefully consider risks such as interest rate, credit, repurchase and reverse repurchase transaction risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield ("junk") bonds or mortgage backed securities, especially mortgage backed securities with exposure to sub-prime mortgages. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.

Stock/Equity investors should carefully consider risks such as market risk when investing. There are no guarantees when it comes to individual stocks. Any stock may go bankrupt, in which case your investment may be worth nothing.

Russell Investment Group, a Washington, USA corporation, operates through subsidiaries worldwide including Russell Investments. Russell Investment Group is a subsidiary of The Northwestern Mutual Life Insurance Company.

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On October 1, 2010, the Russell Real Estate Securities Fund was renamed the Russell Global Real Estate Securities Fund.

First Used: October 2010

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