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  5. Russell Investment Multi-asset Growth Strategy A - Managed fund profile

Russell Investment Multi-asset Growth Strategy A - Managed Fund

Fund Objective
To provide a return (after fees and costs) of 4.0% pa above inflation over the medium to long term, with a focus on risk management.
Fund Strategy
The Fund is diversified across a range of asset classes, including equities, fixed income and alternatives, with a dynamic approach to asset allocation. Derivatives may be used to implement investment strategies.

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 -0.54% 1.36% 5.63% 14.21% 8.23% 3.28% 4.19% 4.48%
Growth return -0.6% 1.3% 5.38% -% 7.54% -0.05% 0.63% 0.32%
Income return 0.06% 0.06% 0.25% -% 0.69% 3.33% 3.56% 4.16%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Investment Multi-asset Growth Strategy A
Australian Equities
20.72%
International Equities
21.18%
Cash
7.58%
Property
6.07%
Fixed Interest
41.30%
Alternatives
3.15%
Average Allocation of Peers
Australian Equities
15.86%
International Equities
27.73%
Cash
10.19%
Property
3.97%
Fixed Interest
35.38%
Alternatives
6.87%

General Information

Fund Details
Type Description
Russell Investment Multi-asset Growth Strategy A
Russell Investment Management Limited
RIM0098AU
Multisector Flexible
starstarstar (as at 31 Oct 2024)
Investment Fund
8 Oct 2014
$501.92 million (as at 31 Oct 2024)
$1.07 (as at 19 Nov 2024)
$1.0669 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 0.94% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.04
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Metrics Credit Partners Div Met Cr Mutual Fund - Unspecified 6.90%
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FAQs about the Russell Investment Multi-asset Growth Strategy A

The objective of the Russell Investment Multi-asset Growth Strategy A managed fund is To provide a return (after fees and costs) of 4.0% pa above inflation over the medium to long term, with a focus on risk management.

The strategy of the Russell Investment Multi-asset Growth Strategy A managed fund is The Fund is diversified across a range of asset classes, including equities, fixed income and alternatives, with a dynamic approach to asset allocation. Derivatives may be used to implement investment strategies.

The APIR code of the Russell Investment Multi-asset Growth Strategy A managed fund is RIM0098AU.

Russell Investment Multi-asset Growth Strategy A’s total return last month was -0.54%. This was made up of a growth return of -0.6% and an income return of 0.06%. These returns were calculated as at 31 Oct 2024.

Russell Investment Multi-asset Growth Strategy A’s total return for the last three months was 1.36%. This was made up of a growth return of 1.3% and an income return of 0.06%%. These returns were calculated as at 31 Oct 2024.

Russell Investment Multi-asset Growth Strategy A’s one-year total return is 14.21%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Russell Investment Multi-asset Growth Strategy A’s one-year total return is 3.28%. This was made up of a growth return of -0.05% and an income return of 3.33%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Russell Investment Multi-asset Growth Strategy A managed fund is :

Australian Equities
20.72%
International Equities
21.18%
Cash
7.58%
Property
6.07%
Fixed Interest
41.30%
Alternatives
3.15%

The Responsible Entity for the Russell Investment Multi-asset Growth Strategy A managed fund is Russell Investment Management Limited.

The Russell Investment Multi-asset Growth Strategy A managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 Oct 2024, the size of the Russell Investment Multi-asset Growth Strategy A managed fund was $501.92 million.

The Russell Investment Multi-asset Growth Strategy A managed fund has an inception date of 8 Oct 2014.

The current entry price of the Russell Investment Multi-asset Growth Strategy A managed fund is $1.07 per unit and the current exit price is $1.0669 per unit (as at 19 Nov 2024).

The current exit price of the Russell Investment Multi-asset Growth Strategy A managed fund is $1.0669 per unit and the current entry price is $1.07 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the Russell Investment Multi-asset Growth Strategy A 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.