Russell Investments, which built a big money-management operation on the strength of its popular indexes, is bidding for a share of the $1 trillion-plus US exchange-traded fund business with three distinctive sets of ETFs.

Russell Investment Discipline ETFs are six recently launched, large-cap funds aimed at providing retail investors with shortcuts to some favourite strategies of professional money managers. The suite includes Russell Aggressive Growth, Russell Consistent Growth (CONG), Russell Growth at a Reasonable Price, Russell Equity Income, Russell Low P/E and Russell Contrarian.