Russell Defensive P - Managed Fund

Fund Objective

The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.

Fund Strategy

Fund Performance Comparison

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Peers

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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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.54%	0.18%	2.8%	6.31%	7.67%	7.16%	5.01%	5.07%
Growth return	-0.02%	0.32%	3.26%	7.48%	7.67%	8.02%	4.86%	4.92%
Income return	0.56%	-0.14%	-0.46%	-1.17%	0%	-0.86%	0.15%	0.15%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return	0.3%	-0.32%	2.07%	5.53%	6.61%	6.23%	3.5%	4.55%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Defensive P

Australian Equities: 11.81%

International Equities: 15.62%

Cash: 6.68%

Property & Infrastructure: 4.13%

Fixed Interest: 61.71%

Alternatives: 0.05%

Average Allocation of Peers

Australian Equities: 11.34%

International Equities: 14.76%

Cash: 13.16%

Property & Infrastructure: 3.53%

Fixed Interest: 50.10%

Alternatives: 7.10%

General Information

Fund Details

Type	Description
Fund Name	Russell Defensive P
Responsible Entity	Russell Investment Management Limited
APIR Code	TRM0027AU
Sector/Asset Class	Multisector Moderate
Morningstar Rating	(as at 31 Jan 2026)
Legal Structure	Allocated Pension
Fund Inception	1 Jul 2007
Fund Size	n/a
Entry Price	$2.447 (as at 23 Feb 2026)
Exit Price	$2.447 (as at 23 Feb 2026)
Fund Status	Open

Offer information

Type	Description
MER	1.01% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR)	1.01% (as at 30 Apr 2014)
Minimum initial investment	$50,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025)	Type	% of Portfolio
Metrics Credit Partners Div Met Cr	Mutual Fund - Unspecified	7.57%
Login now to view the complete list of holdings.

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FAQs about the Russell Defensive P

What is the objective of the Russell Defensive P managed fund?

The objective of the Russell Defensive P managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.

What is the strategy for the Russell Defensive P managed fund?

The strategy of the Russell Defensive P managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.

What is the APIR code of the Russell Defensive P managed fund?

The APIR code of the Russell Defensive P managed fund is TRM0027AU.

What was Russell Defensive P’s total return last month?

Russell Defensive P’s total return last month was 0.54%. This was made up of a growth return of -0.02% and an income return of 0.56%. These returns were calculated as at 31 Jan 2026.

What was Russell Defensive P’s total return for the last three months?

Russell Defensive P’s total return for the last three months was 0.18%. This was made up of a growth return of 0.32% and an income return of -0.14%%. These returns were calculated as at 31 Jan 2026.

What is Russell Defensive P’s one-year total return?

Russell Defensive P’s one-year total return is 6.31%. This was made up of a growth return of 7.48% and an income return of -1.17%. These returns were calculated as at 31 Jan 2026.

What is Russell Defensive P’s three-year total return?

Russell Defensive P’s one-year total return is 7.16%. This was made up of a growth return of 8.02% and an income return of -0.86%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the Russell Defensive P managed fund?

The asset allocation of the Russell Defensive P managed fund is :

Australian Equities: 11.81%

International Equities: 15.62%

Cash: 6.68%

Property & Infrastructure: 4.13%

Fixed Interest: 61.71%

Alternatives: 0.05%

Who is the responsible Entity of the Russell Defensive P managed fund?

The Responsible Entity for the Russell Defensive P managed fund is Russell Investment Management Limited.

What sector/asset class does the Russell Defensive P managed fund belong to?

The Russell Defensive P managed fund belongs to the Multisector Moderate sector/asset class.

What is the size of the Russell Defensive P managed fund?

As at 30 Apr 2014, the size of the Russell Defensive P managed fund was $ million.

What is the inception date of the Russell Defensive P managed fund?

The Russell Defensive P managed fund has an inception date of 1 Jul 2007.

What is the current entry price of the Russell Defensive P managed fund?

The current entry price of the Russell Defensive P managed fund is $2.447 per unit and the current exit price is $2.447 per unit (as at 23 Feb 2026).

What is the current exit price of the Russell Defensive P managed fund?

The current exit price of the Russell Defensive P managed fund is $2.447 per unit and the current entry price is $2.447 per unit (as at 23 Feb 2026).

What is the minimum investment amount for the Russell Defensive P managed fund?

The minimum initial investment amount for the Russell Defensive P managed fund is $50,000. 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.

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