InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Russell Portfolio Series Balanced A - Managed fund profile

Russell Portfolio Series Balanced A - Managed Fund

Fund Objective
To provide returns over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth oriented assets and some defensive assets.
Fund Strategy
The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 70% and defensive investments of around 30%^. Derivatives may be used to implement investment strategies.

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 -0.61% 1.27% 6.6% 18.98% 10.6% 4.36% 5.67% 6.17%
Growth return -0.63% 1.26% 4.64% -% 8.36% -1.04% -1.81% 0.42%
Income return 0.02% 0.01% 1.96% -% 2.24% 5.4% 7.48% 5.75%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Portfolio Series Balanced A
Australian Equities
25.18%
International Equities
35.31%
Cash
6.06%
Property
9.82%
Fixed Interest
23.64%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.52%
International Equities
34.02%
Cash
5.63%
Property
6.78%
Fixed Interest
21.64%
Alternatives
4.40%

General Information

Fund Details
Type Description
Russell Portfolio Series Balanced A
Russell Investment Management Limited
RIM0024AU
Multisector Growth
starstarstar (as at 31 Oct 2024)
Investment Fund
17 Apr 2002
$21.07 million (as at 31 Oct 2024)
$1.0537 (as at 19 Nov 2024)
$1.0511 (as at 19 Nov 2024)
Open
Offer information
Type Description
MER 0.99% (as at 25 Oct 2023)
Indirect Cost Ratio (ICR) 1.07% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.03
Minimum initial investment
Minimum additional investments
Minimum redemption amount

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 Portfolio Series Balanced A

The objective of the Russell Portfolio Series Balanced A managed fund is To provide returns over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth oriented assets and some defensive assets.

The strategy of the Russell Portfolio Series Balanced A managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 70% and defensive investments of around 30%^. Derivatives may be used to implement investment strategies.

The APIR code of the Russell Portfolio Series Balanced A managed fund is RIM0024AU.

Russell Portfolio Series Balanced A’s total return last month was -0.61%. This was made up of a growth return of -0.63% and an income return of 0.02%. These returns were calculated as at 31 Oct 2024.

Russell Portfolio Series Balanced A’s total return for the last three months was 1.27%. This was made up of a growth return of 1.26% and an income return of 0.01%%. These returns were calculated as at 31 Oct 2024.

Russell Portfolio Series Balanced A’s one-year total return is 18.98%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Russell Portfolio Series Balanced A’s one-year total return is 4.36%. This was made up of a growth return of -1.04% and an income return of 5.4%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Russell Portfolio Series Balanced A managed fund is :

Australian Equities
25.18%
International Equities
35.31%
Cash
6.06%
Property
9.82%
Fixed Interest
23.64%
Alternatives
0%

The Responsible Entity for the Russell Portfolio Series Balanced A managed fund is Russell Investment Management Limited.

The Russell Portfolio Series Balanced A managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Oct 2024, the size of the Russell Portfolio Series Balanced A managed fund was $21.07 million.

The Russell Portfolio Series Balanced A managed fund has an inception date of 17 Apr 2002.

The current entry price of the Russell Portfolio Series Balanced A managed fund is $1.0537 per unit and the current exit price is $1.0511 per unit (as at 19 Nov 2024).

The current exit price of the Russell Portfolio Series Balanced A managed fund is $1.0511 per unit and the current entry price is $1.0537 per unit (as at 19 Nov 2024).

The minimum initial investment amount for the Russell Portfolio Series Balanced 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.