The addition of Russell's range of multi-manager funds gave customers a broader choice of global strategies to diversify their portfolios, RaboPlus investments manager Tim Hewson said.
"Our customers want investment solutions, and Russell's diversified funds provide investors with exposure to a global, best-of-breed, multi-manager, multi-asset and multi-strategy investment portfolio in a single fund. For customers who have trouble selecting suitable funds managers, funds and the right mix, these funds offer an ideal option," Hewson said.
The eight funds that have been added to RaboPlus are the Russell Balanced Fund, Conservative Fund, Diversified 50 Fund, Growth Fund, High-Growth Fund, Australian Shares Fund, International Shares Fund and its hedged version.