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  5. Russell Emerging Markets Fund Class B - Managed fund profile

Russell Emerging Markets Fund Class B - Managed Fund (Closed)

Fund Objective
To significantly outperform the Fund's benchmark, before costs and tax, over the long term by providing exposure to a diversified portfolio of predominantly emerging market shares.
Fund Strategy
The Fund is predominantly exposed to shares listed on stock exchanges in emerging markets. The Fund may also have exposure to shares listed on stock exchanges in countries which are considered frontier or pre-emerging and to shares listed on developed markets' stock exchanges where the issuer derives a material proportion of its revenue from the emerging markets.

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 2.31% 1.36% 5.86% 24.59% 12.07% 8.58% 9.58% 6.08%
Growth return 2.31% 0.48% 4.94% 23.5% -0.27% 0.31% 2.28% 2.38%
Income return 0% 0.88% 0.92% 1.09% 12.34% 8.27% 7.3% 3.7%
Market index (MSCI EM NR AUD)
Total return -3.07% 2.35% 6.28% 13.85% 9.47% 1.56% 3.98% 5.99%
As at 31 Aug 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Emerging Markets Fund Class B
International Equities
100.11%
Cash
-0.11%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.14%
Cash
3.53%
Australian Equities
0.01%
Property
0.16%
Fixed Interest
0.04%
Alternatives
1.12%

General Information

Fund Details
Type Description
Russell Emerging Markets Fund Class B
Closed
Russell Investment Management Limited
RIM0076AU
Equity Emerging Markets
starstarstar (as at 31 Aug 2021)
Investment Fund
13 May 2011
$0 million (as at 31 Aug 2021)
$1.1542 (as at 15 Sep 2021)
$1.1478 (as at 15 Sep 2021)
Finalised
Offer information
Type Description
MER 1.63% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 1.64% (as at 30 Jun 2022)
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
RUSSELL EMERGING MARKETS Mutual Fund - CIT 99.90%
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FAQs about the Russell Emerging Markets Fund Class B

The objective of the Russell Emerging Markets Fund Class B managed fund is To significantly outperform the Fund's benchmark, before costs and tax, over the long term by providing exposure to a diversified portfolio of predominantly emerging market shares.

The strategy of the Russell Emerging Markets Fund Class B managed fund is The Fund is predominantly exposed to shares listed on stock exchanges in emerging markets. The Fund may also have exposure to shares listed on stock exchanges in countries which are considered frontier or pre-emerging and to shares listed on developed markets' stock exchanges where the issuer derives a material proportion of its revenue from the emerging markets.

The APIR code of the Russell Emerging Markets Fund Class B managed fund is RIM0076AU.

Russell Emerging Markets Fund Class B’s total return last month was 2.31%. This was made up of a growth return of 2.31% and an income return of 0%. These returns were calculated as at 31 Aug 2021.

Russell Emerging Markets Fund Class B’s total return for the last three months was 1.36%. This was made up of a growth return of 0.48% and an income return of 0.88%%. These returns were calculated as at 31 Aug 2021.

Russell Emerging Markets Fund Class B’s one-year total return is 24.59%. This was made up of a growth return of 23.5% and an income return of 1.09%. These returns were calculated as at 31 Aug 2021.

Russell Emerging Markets Fund Class B’s one-year total return is 8.58%. This was made up of a growth return of 0.31% and an income return of 8.27%. These returns were calculated as at 31 Aug 2021.

The asset allocation of the Russell Emerging Markets Fund Class B managed fund is :

International Equities
100.11%
Cash
-0.11%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Russell Emerging Markets Fund Class B managed fund is Russell Investment Management Limited.

The Russell Emerging Markets Fund Class B managed fund belongs to the Equity Emerging Markets sector/asset class.

As at 31 Aug 2021, the size of the Russell Emerging Markets Fund Class B managed fund was $0 million.

The Russell Emerging Markets Fund Class B managed fund has an inception date of 13 May 2011.

The current entry price of the Russell Emerging Markets Fund Class B managed fund is $1.1542 per unit and the current exit price is $1.1478 per unit (as at 15 Sep 2021).

The current exit price of the Russell Emerging Markets Fund Class B managed fund is $1.1478 per unit and the current entry price is $1.1542 per unit (as at 15 Sep 2021).

The minimum initial investment amount for the Russell Emerging Markets Fund Class B 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.