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  5. Russell Portfolio Series Balanced B - Managed fund profile

Russell Portfolio Series Balanced B - 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

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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 -2.62% -1.23% -0.28% 4.2% 8.1% 4.74% 8.68% 4.45%
Growth return -2.62% -1.47% -0.53% 1.87% 5.93% -0.77% 1.33% -0.41%
Income return 0% 0.24% 0.25% 2.33% 2.17% 5.51% 7.35% 4.86%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -2.51% -1% 0.52% 5.38% 9.76% 5.92% 9.61% 6.63%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Portfolio Series Balanced B
Australian Equities
24.50%
International Equities
39.29%
Cash
-3.01%
Property
7.40%
Fixed Interest
31.65%
Alternatives
0.17%
Average Allocation of Peers
Australian Equities
27.10%
International Equities
34.54%
Cash
4.91%
Property
6.42%
Fixed Interest
22.93%
Alternatives
4.10%

General Information

Fund Details
Type Description
Russell Portfolio Series Balanced B
Russell Investment Management Limited
RIM0027AU
Multisector Growth
starstar (as at 31 Mar 2025)
Investment Fund
23 Jun 2003
$10.16 million (as at 31 Mar 2025)
$0.9766 (as at 23 Apr 2025)
$0.9742 (as at 23 Apr 2025)
Open
Offer information
Type Description
MER 0.99% (as at 25 Nov 2024)
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 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Metrics Credit Partners Div Met Cr Mutual Fund - Unspecified 4.51%
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FAQs about the Russell Portfolio Series Balanced B

The objective of the Russell Portfolio Series Balanced B 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 B 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 B managed fund is RIM0027AU.

Russell Portfolio Series Balanced B’s total return last month was -2.62%. This was made up of a growth return of -2.62% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

Russell Portfolio Series Balanced B’s total return for the last three months was -1.23%. This was made up of a growth return of -1.47% and an income return of 0.24%%. These returns were calculated as at 31 Mar 2025.

Russell Portfolio Series Balanced B’s one-year total return is 4.2%. This was made up of a growth return of 1.87% and an income return of 2.33%. These returns were calculated as at 31 Mar 2025.

Russell Portfolio Series Balanced B’s one-year total return is 4.74%. This was made up of a growth return of -0.77% and an income return of 5.51%. These returns were calculated as at 31 Mar 2025.

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

Australian Equities
24.50%
International Equities
39.29%
Cash
-3.01%
Property
7.40%
Fixed Interest
31.65%
Alternatives
0.17%

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

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

As at 31 Mar 2025, the size of the Russell Portfolio Series Balanced B managed fund was $10.16 million.

The Russell Portfolio Series Balanced B managed fund has an inception date of 23 Jun 2003.

The current entry price of the Russell Portfolio Series Balanced B managed fund is $0.9766 per unit and the current exit price is $0.9742 per unit (as at 23 Apr 2025).

The current exit price of the Russell Portfolio Series Balanced B managed fund is $0.9742 per unit and the current entry price is $0.9766 per unit (as at 23 Apr 2025).

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