InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Russell International Shares Portfolio AUD Hedged TE - Managed fund profile

Russell International Shares Portfolio AUD Hedged TE - Managed Fund (Closed)

Fund Objective
To provide exposure to a diversified portfolio of international shares hedged into Australian dollars. To provide a total return, before costs and tax, higher than the benchmark over the long term.
Fund Strategy
This portfolio is predominantly exposed to a broad range of international shares listed on stock exchanges in developed international markets (such as countries included in the MSCI World Index). This portfolio may also be exposed to emerging market securities and short selling. Currency hedging is used to hedge currency exposures back to Australian dollars.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.47% 6.62% 10.21% 24.73% 11.51% 9.62% 14.23% 4.83%
Growth return 3.47% 6.62% 10.21% 24.73% 11.51% 9.62% 14.23% 4.83%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Oct 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell International Shares Portfolio AUD Hedged TE
Australian Equities
1.43%
International Equities
87.59%
Cash
10.46%
Property
0.52%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.07%
International Equities
97.66%
Cash
1.85%
Property
0.41%
Alternatives
0.01%

General Information

Fund Details
Type Description
Russell International Shares Portfolio AUD Hedged TE
Closed
Russell Investment Management Limited
TRM0042AU
Equity World - Currency Hedged
starstarstar (as at 31 Oct 2017)
Superannuation Fund
1 Jul 2007
n/a
$1.6068 (as at 24 Nov 2017)
$1.6024 (as at 24 Nov 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.25% (as at 30 Apr 2014) (Estimated)
Minimum initial investment

FAQs about the Russell International Shares Portfolio AUD Hedged TE

The objective of the Russell International Shares Portfolio AUD Hedged TE managed fund is To provide exposure to a diversified portfolio of international shares hedged into Australian dollars. To provide a total return, before costs and tax, higher than the benchmark over the long term.

The strategy of the Russell International Shares Portfolio AUD Hedged TE managed fund is This portfolio is predominantly exposed to a broad range of international shares listed on stock exchanges in developed international markets (such as countries included in the MSCI World Index). This portfolio may also be exposed to emerging market securities and short selling. Currency hedging is used to hedge currency exposures back to Australian dollars.

The APIR code of the Russell International Shares Portfolio AUD Hedged TE managed fund is TRM0042AU.

Russell International Shares Portfolio AUD Hedged TE’s total return last month was 3.47%. This was made up of a growth return of 3.47% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Russell International Shares Portfolio AUD Hedged TE’s total return for the last three months was 6.62%. This was made up of a growth return of 6.62% and an income return of 0%%. These returns were calculated as at 31 Oct 2017.

Russell International Shares Portfolio AUD Hedged TE’s one-year total return is 24.73%. This was made up of a growth return of 24.73% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Russell International Shares Portfolio AUD Hedged TE’s one-year total return is 9.62%. This was made up of a growth return of 9.62% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

The asset allocation of the Russell International Shares Portfolio AUD Hedged TE managed fund is :

Australian Equities
1.43%
International Equities
87.59%
Cash
10.46%
Property
0.52%
Alternatives
0%

The Responsible Entity for the Russell International Shares Portfolio AUD Hedged TE managed fund is Russell Investment Management Limited.

The Russell International Shares Portfolio AUD Hedged TE managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 30 Apr 2014, the size of the Russell International Shares Portfolio AUD Hedged TE managed fund was $ million.

The Russell International Shares Portfolio AUD Hedged TE managed fund has an inception date of 1 Jul 2007.

The current entry price of the Russell International Shares Portfolio AUD Hedged TE managed fund is $1.6068 per unit and the current exit price is $1.6024 per unit (as at 24 Nov 2017).

The current exit price of the Russell International Shares Portfolio AUD Hedged TE managed fund is $1.6024 per unit and the current entry price is $1.6068 per unit (as at 24 Nov 2017).

The minimum initial investment amount for the Russell International Shares Portfolio AUD Hedged TE managed fund 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.