FundQuest Offers Two Russell Managed Accounts to RIAs

October 31, 2007 ( - FundQuest is offering two of Russell's managed account programs to independent registered investment advisers (RIAs).

Russell Mutual Fund Model Strategies includes five core models and five tax-managed models, according to a news release. This mutual fund wrap account is diversified across up to four asset classes, eight funds, nineteen styles, and up to forty-eight specialist money managers.

Russell LifePoints Funds – Target Portfolio Series is a fund-of-funds that offers five options from a mix of 20% stock funds / 80% bond funds to 100% stock funds. The funds are continuously monitored and automatically rebalanced.

“RIA firms want to have an array of quality investment choices and they have a high regard for Russell’s products. Now independent RIAs can get Russell’s offerings combined with FundQuest’s advanced technology and operational services,” said David Root, VP of Institutional Sales at FundQuest, in the release.

Russell funds are distributed through Russell Fund Distributors, Inc., member FINRA, and part of Russell Investment Group.

More about FundQuest is at .