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  5. Russell Australian Share A - Managed fund profile

Russell Australian Share A - Managed Fund

Fund Objective
To provide a total return, before costs and tax, 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 and markets, to implement investment strategies and to manage risk.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.21% 2.59% 8.12% 27.41% 13.6% 7.92% 8.28% 8.01%
Growth return -1.21% 2.35% 6.46% 23.84% 9.19% 3.71% 4.32% 4.01%
Income return 0% 0.24% 1.66% 3.57% 4.41% 4.21% 3.96% 4%
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 Australian Share A
Australian Equities
96.06%
Cash
3.94%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Russell Australian Share A
Russell Investment Management Limited
RIM0006AU
Equity Australia Large Blend
starstarstar (as at 31 Oct 2024)
Investment Fund
31 Dec 1997
$85.41 million (as at 31 Oct 2024)
$2.3152 (as at 21 Nov 2024)
$2.3096 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 0.89% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 0.93% (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%
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FAQs about the Russell Australian Share A

The objective of the Russell Australian Share A managed fund is To provide a total return, before costs and tax, 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 Australian Share 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 and markets, to implement investment strategies and to manage risk.

The APIR code of the Russell Australian Share A managed fund is RIM0006AU.

Russell Australian Share A’s total return last month was -1.21%. This was made up of a growth return of -1.21% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Russell Australian Share A’s total return for the last three months was 2.59%. This was made up of a growth return of 2.35% and an income return of 0.24%%. These returns were calculated as at 31 Oct 2024.

Russell Australian Share A’s one-year total return is 27.41%. This was made up of a growth return of 23.84% and an income return of 3.57%. These returns were calculated as at 31 Oct 2024.

Russell Australian Share A’s one-year total return is 7.92%. This was made up of a growth return of 3.71% and an income return of 4.21%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Russell Australian Share 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 Australian Share A managed fund is Russell Investment Management Limited.

The Russell Australian Share A managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2024, the size of the Russell Australian Share A managed fund was $85.41 million.

The Russell Australian Share A managed fund has an inception date of 31 Dec 1997.

The current entry price of the Russell Australian Share A managed fund is $2.3152 per unit and the current exit price is $2.3096 per unit (as at 21 Nov 2024).

The current exit price of the Russell Australian Share A managed fund is $2.3096 per unit and the current entry price is $2.3152 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the Russell Australian Share 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.