Awards We believe that our products, our services and our innovative approach to investments are all extraordinary. But don't take our word for it. Ask around. You'll find that Russell's investment quality has been recognised and validated by the industry's top independent experts. Russell was named the fourth largest consultant based on worldwide assets under advisement (AUA) by the 2011 Pensions & Investments Consultant Directory. Russell Investments has been recognized as the "Multi-Manager of the Year" at the Professional Pensions 2010 UK Pensions Awards. This prestigious accolade recognises Russell's continuous development in the level of service to occupational pension schemes and their members. Russell Investments Canada is recognized by the Canadian Investment Awards™ - winning the Bronze Award for Best Use of Technology. Russell Investments Canada was named to Maclean's list of the top 100 employers for the fifth time in 2009. Cerulli™ Report affirms Russell's position as the world's largest multi-manager. Nelson's Pension Fund Consultants Survey names Russell as the largest global pension consultant, with more than $2.5 trillion in assets under advice. Global Pensions magazine again named Russell its Manager-of-Manager of the year.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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