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  5. Russell Global Opportunities B - Managed fund profile

Russell Global Opportunities 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 international shares.
Fund Strategy
The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. 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 2.33% 5.93% 13.96% 19.19% 4.34% 12.68% 9.21% 11.49%
Growth return 2.33% 5.93% 13.96% 19.11% -6.91% 0.03% -2.62% -0.62%
Income return 0% 0% 0% 0.08% 11.25% 12.65% 11.83% 12.11%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 30 Jun 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Global Opportunities B
International Equities
99.43%
Cash
0.18%
Property
0.51%
Alternatives
-0.12%
Australian Equities
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Property
1.50%
Alternatives
0.09%
Australian Equities
2.64%
Fixed Interest
0.11%

General Information

Fund Details
Type Description
Russell Global Opportunities B
Closed
Russell Investment Management Limited
RIM0074AU
Equity World Large Blend
starstarstar (as at 30 Jun 2023)
Investment Fund
13 May 2011
$0.02 million (as at 31 May 2023)
$1.1783 (as at 30 Jun 2023)
$1.1747 (as at 30 Jun 2023)
Finalised
Offer information
Type Description
MER 1.12% (as at 11 Oct 2022)
Indirect Cost Ratio (ICR) 1.19% (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 30 Nov 2023)

Holding (as at 30 Nov 2023) Type % of Portfolio
Microsoft Corp Equity 3.49%
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FAQs about the Russell Global Opportunities B

The objective of the Russell Global Opportunities 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 international shares.

The strategy of the Russell Global Opportunities B managed fund is The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. 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 Global Opportunities B managed fund is RIM0074AU.

Russell Global Opportunities B’s total return last month was 2.33%. This was made up of a growth return of 2.33% and an income return of 0%. These returns were calculated as at 30 Jun 2023.

Russell Global Opportunities B’s total return for the last three months was 5.93%. This was made up of a growth return of 5.93% and an income return of 0%%. These returns were calculated as at 30 Jun 2023.

Russell Global Opportunities B’s one-year total return is 19.19%. This was made up of a growth return of 19.11% and an income return of 0.08%. These returns were calculated as at 30 Jun 2023.

Russell Global Opportunities B’s one-year total return is 12.68%. This was made up of a growth return of 0.03% and an income return of 12.65%. These returns were calculated as at 30 Jun 2023.

The asset allocation of the Russell Global Opportunities B managed fund is :

International Equities
99.43%
Cash
0.18%
Property
0.51%
Alternatives
-0.12%
Australian Equities
0%
Fixed Interest
0%

The Responsible Entity for the Russell Global Opportunities B managed fund is Russell Investment Management Limited.

The Russell Global Opportunities B managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 May 2023, the size of the Russell Global Opportunities B managed fund was $0.02 million.

The Russell Global Opportunities B managed fund has an inception date of 13 May 2011.

The current entry price of the Russell Global Opportunities B managed fund is $1.1783 per unit and the current exit price is $1.1747 per unit (as at 30 Jun 2023).

The current exit price of the Russell Global Opportunities B managed fund is $1.1747 per unit and the current entry price is $1.1783 per unit (as at 30 Jun 2023).

The minimum initial investment amount for the Russell Global Opportunities 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.