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  5. Russell Balanced Portfolio Super Suite - Managed fund profile

Russell Balanced Portfolio Super Suite - Managed Fund (Closed)

Fund Objective
The fund seeks to earn a return after expected costs and tax, exceeding CPI by 4% per annum, measured over rolling 5 year periods.
Fund Strategy
The portfolio is typically exposed to a diversified portfolio mix of growth investments around 70% and defensive investments around 30%. The portfolio may be exposed to derivatives.

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 -1.29% 1.5% 9.05% -2.58% 1.66% 4.07% 5.5% 6.51%
Growth return -1.29% 1.5% 9.05% -2.58% 1.66% 4.07% 5.5% 6.51%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 30 Sep 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Balanced Portfolio Super Suite
Australian Equities
25.18%
International Equities
35.31%
Cash
6.06%
Property
9.82%
Fixed Interest
23.64%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
Russell Balanced Portfolio Super Suite
Closed
TRM0007AU
Multisector Growth
starstarstar (as at 30 Sep 2020)
Superannuation Fund
1 Jul 2003
n/a
$2.9246 (as at 30 Sep 2020)
$2.9246 (as at 30 Sep 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.41% (as at 30 Apr 2014) (Estimated)
Minimum initial investment
Minimum additional investments
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023) Type % of Portfolio
Riml Russell Investments Private Asset Fund Mutual Fund - Unspecified 5.71%
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FAQs about the Russell Balanced Portfolio Super Suite

The objective of the Russell Balanced Portfolio Super Suite managed fund is The fund seeks to earn a return after expected costs and tax, exceeding CPI by 4% per annum, measured over rolling 5 year periods.

The strategy of the Russell Balanced Portfolio Super Suite managed fund is The portfolio is typically exposed to a diversified portfolio mix of growth investments around 70% and defensive investments around 30%. The portfolio may be exposed to derivatives.

The APIR code of the Russell Balanced Portfolio Super Suite managed fund is TRM0007AU.

Russell Balanced Portfolio Super Suite’s total return last month was -1.29%. This was made up of a growth return of -1.29% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

Russell Balanced Portfolio Super Suite’s total return for the last three months was 1.5%. This was made up of a growth return of 1.5% and an income return of 0%%. These returns were calculated as at 30 Sep 2020.

Russell Balanced Portfolio Super Suite’s one-year total return is -2.58%. This was made up of a growth return of -2.58% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

Russell Balanced Portfolio Super Suite’s one-year total return is 4.07%. This was made up of a growth return of 4.07% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

The asset allocation of the Russell Balanced Portfolio Super Suite managed fund is :

Australian Equities
25.18%
International Equities
35.31%
Cash
6.06%
Property
9.82%
Fixed Interest
23.64%
Alternatives
0%

The Russell Balanced Portfolio Super Suite managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Apr 2014, the size of the Russell Balanced Portfolio Super Suite managed fund was $ million.

The Russell Balanced Portfolio Super Suite managed fund has an inception date of 1 Jul 2003.

The current entry price of the Russell Balanced Portfolio Super Suite managed fund is $2.9246 per unit and the current exit price is $2.9246 per unit (as at 30 Sep 2020).

The current exit price of the Russell Balanced Portfolio Super Suite managed fund is $2.9246 per unit and the current entry price is $2.9246 per unit (as at 30 Sep 2020).

The minimum initial investment amount for the Russell Balanced Portfolio Super Suite 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.