Russell Introduces Select Growth and Value Funds; ''Style Completion'' Funds to Employ Manager-of-Managers Approach.

Publication: Business Wire

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COPYRIGHT 2001 Business Wire

Business Editors

TACOMA, Wash.--(BUSINESS WIRE)--Jan. 31, 2001

Frank Russell Company is introducing two style-specific mutual funds -- Select Growth Fund and Select Value Fund -- which open for investment January 31.

The new funds, which feature Russell's multi-manager investment process, are designed for long-term individual investors who need to balance an existing style overweight within their current investment portfolio.

The style funds are considered "completion" tools to help investors and their financial advisors achieve an optimal mix of diversified investments tailored to individual goals.

"Our pioneering multi-manager approach sets these funds apart from many of our competitors who offer growth and value style-specific funds," said Len Brennan, managing director, Individual Investor Services. "For the investor, this means they can correct their portfolio with a style-specific play, but make the adjustment with a completely diversified and researched set of talented...

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