InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Russell After - Tax Australian Shares (SuperInvs) A - Managed fund profile

Russell After - Tax Australian Shares (SuperInvs) A - Managed Fund

Fund Objective
To provide a total after-tax return (net of fees), higher than the Fund's benchmark over the long term by providing exposure to a diversified portfolio of predominantly Australian shares.
Fund Strategy
The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange. Derivatives may be used to obtain or reduce exposure to securities or markets, to implement investment strategies and to manage risk. Tax efficient strategies are implemented to enhance the after-tax return of the Fund.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.17% 2.53% 8.03% 27.23% 13.33% 7.69% 8.09% 7.66%
Growth return -1.17% 2.31% 1.63% 18.41% 5.13% -9.59% -4.08% -1.09%
Income return 0% 0.22% 6.4% 8.82% 8.2% 17.28% 12.17% 8.75%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell After - Tax Australian Shares (SuperInvs) A
Australian Equities
96.06%
Cash
3.94%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.29%
Cash
-0.11%
International Equities
4.30%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Russell After - Tax Australian Shares (SuperInvs) A
Russell Investment Management Limited
RIM0046AU
Equity Australia Large Blend
starstarstar (as at 31 Oct 2024)
Investment Fund
1 Feb 2011
$48.35 million (as at 31 Oct 2024)
$1.0897 (as at 20 Nov 2024)
$1.0871 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.89% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 0.96% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
BHP Group Ltd Equity 7.63%
Login now to view the complete list of holdings.

FAQs about the Russell After - Tax Australian Shares (SuperInvs) A

The objective of the Russell After - Tax Australian Shares (SuperInvs) A managed fund is To provide a total after-tax return (net of fees), higher than the Fund's benchmark over the long term by providing exposure to a diversified portfolio of predominantly Australian shares.

The strategy of the Russell After - Tax Australian Shares (SuperInvs) A managed fund is The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange. Derivatives may be used to obtain or reduce exposure to securities or markets, to implement investment strategies and to manage risk. Tax efficient strategies are implemented to enhance the after-tax return of the Fund.

The APIR code of the Russell After - Tax Australian Shares (SuperInvs) A managed fund is RIM0046AU.

Russell After - Tax Australian Shares (SuperInvs) A’s total return last month was -1.17%. This was made up of a growth return of -1.17% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Russell After - Tax Australian Shares (SuperInvs) A’s total return for the last three months was 2.53%. This was made up of a growth return of 2.31% and an income return of 0.22%%. These returns were calculated as at 31 Oct 2024.

Russell After - Tax Australian Shares (SuperInvs) A’s one-year total return is 27.23%. This was made up of a growth return of 18.41% and an income return of 8.82%. These returns were calculated as at 31 Oct 2024.

Russell After - Tax Australian Shares (SuperInvs) A’s one-year total return is 7.69%. This was made up of a growth return of -9.59% and an income return of 17.28%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Russell After - Tax Australian Shares (SuperInvs) A managed fund is :

Australian Equities
96.06%
Cash
3.94%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Russell After - Tax Australian Shares (SuperInvs) A managed fund is Russell Investment Management Limited.

The Russell After - Tax Australian Shares (SuperInvs) A managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2024, the size of the Russell After - Tax Australian Shares (SuperInvs) A managed fund was $48.35 million.

The Russell After - Tax Australian Shares (SuperInvs) A managed fund has an inception date of 1 Feb 2011.

The current entry price of the Russell After - Tax Australian Shares (SuperInvs) A managed fund is $1.0897 per unit and the current exit price is $1.0871 per unit (as at 20 Nov 2024).

The current exit price of the Russell After - Tax Australian Shares (SuperInvs) A managed fund is $1.0871 per unit and the current entry price is $1.0897 per unit (as at 20 Nov 2024).

The minimum initial investment amount for the Russell After - Tax Australian Shares (SuperInvs) A managed fund is $0. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.