InvestSMART

Russell Invmts Low Carbon Global Shares AUDH - Managed Fund

Fund Objective
To provide a total return, before costs and tax, in line with the Class'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

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 -1.48% 2.03% 9.72% 30.71% 19.01% 4.71% 9.78% -%
Growth return -1.48% 2.03% -22.24% -% 0.19% -6.65% 1.43% -%
Income return 0% 0% 31.96% -% 18.82% 11.36% 8.35% -%
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 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Invmts Low Carbon Global Shares AUDH
International Equities
94.65%
Cash
3.75%
Property
1.59%
Australian Equities
0%
Alternatives
0%
Average Allocation of Peers
International Equities
97.66%
Cash
1.85%
Property
0.41%
Australian Equities
0.07%
Alternatives
0.01%

General Information

Fund Details
Type Description
Russell Invmts Low Carbon Global Shares AUDH
Russell Investment Management Limited
RIM8525AU
Equity World - Currency Hedged
starstarstar (as at 30 Sep 2024)
Investment Fund
10 Oct 2017
$462.17 million (as at 31 Oct 2024)
$1.2494 (as at 20 Nov 2024)
$1.2462 (as at 20 Nov 2024)
Open
Offer information
Type Description
MER 0.52% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 0.47% (as at 30 Jun 2023)
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%
Login now to view the complete list of holdings.

FAQs about the Russell Invmts Low Carbon Global Shares AUDH

The objective of the Russell Invmts Low Carbon Global Shares AUDH managed fund is To provide a total return, before costs and tax, in line with the Class'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 AUDH 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 AUDH managed fund is RIM8525AU.

Russell Invmts Low Carbon Global Shares AUDH’s total return last month was -1.48%. This was made up of a growth return of -1.48% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Russell Invmts Low Carbon Global Shares AUDH’s total return for the last three months was 2.03%. This was made up of a growth return of 2.03% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Russell Invmts Low Carbon Global Shares AUDH’s one-year total return is 30.71%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Russell Invmts Low Carbon Global Shares AUDH’s one-year total return is 4.71%. This was made up of a growth return of -6.65% and an income return of 11.36%. These returns were calculated as at 31 Oct 2024.

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

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

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

The Russell Invmts Low Carbon Global Shares AUDH managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 31 Oct 2024, the size of the Russell Invmts Low Carbon Global Shares AUDH managed fund was $462.17 million.

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

The current entry price of the Russell Invmts Low Carbon Global Shares AUDH managed fund is $1.2494 per unit and the current exit price is $1.2462 per unit (as at 20 Nov 2024).

The current exit price of the Russell Invmts Low Carbon Global Shares AUDH managed fund is $1.2462 per unit and the current entry price is $1.2494 per unit (as at 20 Nov 2024).

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