Russell Investments GSS Active 70/30 - Managed Fund

Fund Objective

To generate a rate of return that exceeds the Consumer Price Index by at least 3.5% per annum over rolling 7-year periods.

Fund Strategy

To invest in a mix of assets across various traditional and alternative asset classes via investment in one or more Underlying Funds, with a neutral exposure of 70% to growth assets such as shares, property and alternative investments1 and 30% exposure to defensive assets such as cash and fixed interest. Asset class exposures are actively managed as the managers of the Underlying Funds seek to protect against risk or benefit from investment opportunities. The Fund seeks exposure to a range of investment managers through the Underlying Funds.

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.

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Fees Comparison

% p.a.

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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	-0.59%	1.34%	6.77%	19.36%	10.94%	4.35%	5.76%	6.58%
Growth return	-0.66%	1.26%	-1.95%	9.28%	4.59%	-2.61%	-1.73%	-0.47%
Income return	0.07%	0.08%	8.72%	10.08%	6.35%	6.96%	7.49%	7.05%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Investments GSS Active 70/30

Australian Equities: 25.18%

International Equities: 35.31%

Cash: 6.06%

Property: 9.82%

Fixed Interest: 23.64%

Alternatives: 0%

General Information

Fund Details

Type	Description
Fund Name	Russell Investments GSS Active 70/30
Responsible Entity	Netwealth Investments Limited
APIR Code	NET0013AU
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Unknown
Fund Inception	20 Oct 2011
Fund Size	$130.46 million (as at 31 Oct 2024)
Entry Price	$1.2676 (as at 19 Nov 2024)
Exit Price	$1.2645 (as at 19 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.77% (as at 22 Dec 2023)
Indirect Cost Ratio (ICR)	0.76% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0.01
Minimum initial investment

Top 10 holdings (as at 31 Mar 2023)

Holding (as at 31 Mar 2023)	Type	% of Portfolio
Riml Russell Investments Private Asset Fund	Mutual Fund - Unspecified	5.71%
Login now to view the complete list of holdings.

FAQs about the Russell Investments GSS Active 70/30

What is the objective of the Russell Investments GSS Active 70/30 managed fund?

The objective of the Russell Investments GSS Active 70/30 managed fund is To generate a rate of return that exceeds the Consumer Price Index by at least 3.5% per annum over rolling 7-year periods.

What is the strategy for the Russell Investments GSS Active 70/30 managed fund?

The strategy of the Russell Investments GSS Active 70/30 managed fund is To invest in a mix of assets across various traditional and alternative asset classes via investment in one or more Underlying Funds, with a neutral exposure of 70% to growth assets such as shares, property and alternative investments1 and 30% exposure to defensive assets such as cash and fixed interest. Asset class exposures are actively managed as the managers of the Underlying Funds seek to protect against risk or benefit from investment opportunities. The Fund seeks exposure to a range of investment managers through the Underlying Funds.

What is the APIR code of the Russell Investments GSS Active 70/30 managed fund?

The APIR code of the Russell Investments GSS Active 70/30 managed fund is NET0013AU.

What was Russell Investments GSS Active 70/30’s total return last month?

Russell Investments GSS Active 70/30’s total return last month was -0.59%. This was made up of a growth return of -0.66% and an income return of 0.07%. These returns were calculated as at 31 Oct 2024.

What was Russell Investments GSS Active 70/30’s total return for the last three months?

Russell Investments GSS Active 70/30’s total return for the last three months was 1.34%. This was made up of a growth return of 1.26% and an income return of 0.08%%. These returns were calculated as at 31 Oct 2024.

What is Russell Investments GSS Active 70/30’s one-year total return?

Russell Investments GSS Active 70/30’s one-year total return is 19.36%. This was made up of a growth return of 9.28% and an income return of 10.08%. These returns were calculated as at 31 Oct 2024.

What is Russell Investments GSS Active 70/30’s three-year total return?

Russell Investments GSS Active 70/30’s one-year total return is 4.35%. This was made up of a growth return of -2.61% and an income return of 6.96%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Russell Investments GSS Active 70/30 managed fund?

The asset allocation of the Russell Investments GSS Active 70/30 managed fund is :

Australian Equities: 25.18%

International Equities: 35.31%

Cash: 6.06%

Property: 9.82%

Fixed Interest: 23.64%

Alternatives: 0%

Who is the responsible Entity of the Russell Investments GSS Active 70/30 managed fund?

The Responsible Entity for the Russell Investments GSS Active 70/30 managed fund is Netwealth Investments Limited.

What is the size of the Russell Investments GSS Active 70/30 managed fund?

As at 31 Oct 2024, the size of the Russell Investments GSS Active 70/30 managed fund was $130.46 million.

What is the inception date of the Russell Investments GSS Active 70/30 managed fund?

The Russell Investments GSS Active 70/30 managed fund has an inception date of 20 Oct 2011.

What is the current entry price of the Russell Investments GSS Active 70/30 managed fund?

The current entry price of the Russell Investments GSS Active 70/30 managed fund is $1.2676 per unit and the current exit price is $1.2645 per unit (as at 19 Nov 2024).

What is the current exit price of the Russell Investments GSS Active 70/30 managed fund?

The current exit price of the Russell Investments GSS Active 70/30 managed fund is $1.2645 per unit and the current entry price is $1.2676 per unit (as at 19 Nov 2024).

What is the minimum investment amount for the Russell Investments GSS Active 70/30 managed fund?

The minimum initial investment amount for the Russell Investments GSS Active 70/30 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.

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