InvestSMART

Russell Invmts Low Carbon Global Shares A - Managed Fund

Fund Objective
To provide a total return, before costs and tax, in line with the Fund's benchmark over rolling three year periods with a focus on reducing the Fund's exposure to carbon relative to benchmark.
Fund Strategy
The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. The Fund will maintain a reduced carbon exposure compared to the Benchmark, whilst also increasing exposure to renewable energy and taking into account other ESG considerations such as the exclusion of controversial weapons, uranium and tobacco companies. 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 4.38% 8.09% 12.86% 28.32% 20.43% 10.08% 11.96% -%
Growth return 4.38% 7.89% -13.68% -2.42% 3.92% -2.01% 3.6% -%
Income return 0% 0.2% 26.54% 30.74% 16.51% 12.09% 8.36% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 5.18% 8.79% 13.61% 30.23% 22.04% 11.92% 13.37% 13.17%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Invmts Low Carbon Global Shares A
International Equities
94.65%
Cash
3.75%
Property
1.59%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.25%
Cash
2.35%
Property
1.52%
Australian Equities
2.69%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
Russell Invmts Low Carbon Global Shares A
Russell Investment Management Limited
RIM8665AU
Equity World Large Blend
starstarstar (as at 30 Nov 2024)
Investment Fund
10 Oct 2017
$435.48 million (as at 31 Oct 2024)
$1.5634 (as at 20 Dec 2024)
$1.5599 (as at 20 Dec 2024)
Open
Offer information
Type Description
MER 0.34% (as at 25 Nov 2024)
Indirect Cost Ratio (ICR) 0.53% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Microsoft Corp Equity 4.05%
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FAQs about the Russell Invmts Low Carbon Global Shares A

The objective of the Russell Invmts Low Carbon Global Shares A managed fund is To provide a total return, before costs and tax, in line with the Fund's benchmark over rolling three year periods with a focus on reducing the Fund's exposure to carbon relative to benchmark.

The strategy of the Russell Invmts Low Carbon Global Shares A managed fund is The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. The Fund will maintain a reduced carbon exposure compared to the Benchmark, whilst also increasing exposure to renewable energy and taking into account other ESG considerations such as the exclusion of controversial weapons, uranium and tobacco companies. 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 Invmts Low Carbon Global Shares A managed fund is RIM8665AU.

Russell Invmts Low Carbon Global Shares A’s total return last month was 4.38%. This was made up of a growth return of 4.38% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

Russell Invmts Low Carbon Global Shares A’s total return for the last three months was 8.09%. This was made up of a growth return of 7.89% and an income return of 0.2%%. These returns were calculated as at 30 Nov 2024.

Russell Invmts Low Carbon Global Shares A’s one-year total return is 28.32%. This was made up of a growth return of -2.42% and an income return of 30.74%. These returns were calculated as at 30 Nov 2024.

Russell Invmts Low Carbon Global Shares A’s one-year total return is 10.08%. This was made up of a growth return of -2.01% and an income return of 12.09%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the Russell Invmts Low Carbon Global Shares A managed fund is :

International Equities
94.65%
Cash
3.75%
Property
1.59%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Russell Invmts Low Carbon Global Shares A managed fund is Russell Investment Management Limited.

The Russell Invmts Low Carbon Global Shares A managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Oct 2024, the size of the Russell Invmts Low Carbon Global Shares A managed fund was $435.48 million.

The Russell Invmts Low Carbon Global Shares A managed fund has an inception date of 10 Oct 2017.

The current entry price of the Russell Invmts Low Carbon Global Shares A managed fund is $1.5634 per unit and the current exit price is $1.5599 per unit (as at 20 Dec 2024).

The current exit price of the Russell Invmts Low Carbon Global Shares A managed fund is $1.5599 per unit and the current entry price is $1.5634 per unit (as at 20 Dec 2024).

The minimum initial investment amount for the Russell Invmts Low Carbon Global Shares A 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.