Russell Investments Australian Semi-Government Bond ETF

The Russell Investments Australian Semi-Government Bond ETF, with the ticker RSM, invests in bonds issued by Australian state and territory governments. These bonds are considered relatively safe as they are backed by government entities, making them a stable choice for investors seeking regular income with lower risk. The ETF aims to provide returns that reflect the performance of these semi-government bonds, while keeping costs low with a management fee of 0.26%. This approach allows investors to gain exposure to a diversified portfolio of government-backed bonds without needing to buy each bond individually.