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Russell products

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| Objective
The Russell process uses both qualitative and quantitative methods to pick some of the world's best investment managers. This combination of objective analysis and face-to-face interviews contributes to a better understanding of manager's prospects for success. From a global pool of 8,000 money-manager products that we scrutinize, only 200* are selected for specific assignments. All managers chosen are continually monitored for quality and performance, and are replaced or reassigned whenever necessary.
*As of 12/31/08
Independent
Our team of hundreds of full-time investment analysts is dedicated to researching money managers through objective measurements. The managers we select are independent, which gives us the freedom to structure portfolios that remain clear and uncompromised at all times.
Innovative
We use a proprietary investment process that goes beyond traditional methods that builds layer upon layer of diversification to better manage risk. We allocate not only among investment styles and asset classes, but among leading investment managers as well.

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Fund objectives, risks, charges and expenses should be carefully considered before investing. For a prospectus containing this and other important information call Russell at 1-866-676-7680 or go to the prospectus and reports page to download one. Please read the prospectus carefully before investing.
Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets.
The Russell logo is a registered trademark of Russell Investments.
Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.
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.
Russell Separate Accounts is a product of Russell Investment Management Company (RIMCo). RIMCo provides no investment management services. The implementation of Russell Separate Accounts in investors’ portfolios and related investment advice are provided through investment advisers and other financial intermediaries that are independent of RIMCo and its affiliates. Investment in one or more mixes is not a complete investment program.
An investment in any one or more of the Russell Separate Accounts does not comprise a complete investment program.
Copyright © Russell Investments 2011. All rights reserved.
Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company. The Russell logo is a registered trademark of Russell Investments.
Securities products and services offered through Russell Financial Services, Inc., member FINRA, part of Russell Investments.
For information on the Financial Industry Regulatory Authority, go to www.finra.org.
First used May 2009. RFS 09-2008

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