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  5. Russell Strategy Prudent (Pension) - Managed fund profile

Russell Strategy Prudent (Pension) - Managed Fund (Closed)

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 1.31% 4.44% 7.75% 16.17% 9.93% 4.66% -% -%
Growth return 1.31% 4.44% 7.75% 16.17% 9.93% 4.66% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
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 30 Nov 2004. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Strategy Prudent (Pension)
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
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
Russell Strategy Prudent (Pension)
Closed
Russell Investment Management Limited
Multisector Growth
starstarstar (as at 30 Apr 2009)
Allocated Pension
19 Jul 2000
n/a
$0.8102 (as at 4 Sep 2009)
$0.8056 (as at 4 Sep 2009)
Finalised
Offer information
Type Description
Standard entry fee 5.13%
MER 0.95% (as at 30 Jun 2004)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2008)
Minimum initial investment $10,000.00

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%
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FAQs about the Russell Strategy Prudent (Pension)

The objective of the Russell Strategy Prudent (Pension) 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 Strategy Prudent (Pension) 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 Strategy Prudent (Pension) managed fund is .

Russell Strategy Prudent (Pension)’s total return last month was 1.31%. This was made up of a growth return of 1.31% and an income return of 0%. These returns were calculated as at 30 Nov 2004.

Russell Strategy Prudent (Pension)’s total return for the last three months was 4.44%. This was made up of a growth return of 4.44% and an income return of 0%%. These returns were calculated as at 30 Nov 2004.

Russell Strategy Prudent (Pension)’s one-year total return is 16.17%. This was made up of a growth return of 16.17% and an income return of 0%. These returns were calculated as at 30 Nov 2004.

Russell Strategy Prudent (Pension)’s one-year total return is 4.66%. This was made up of a growth return of 4.66% and an income return of 0%. These returns were calculated as at 30 Nov 2004.

The asset allocation of the Russell Strategy Prudent (Pension) 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 Strategy Prudent (Pension) managed fund is Russell Investment Management Limited.

The Russell Strategy Prudent (Pension) managed fund belongs to the Multisector Growth sector/asset class.

As at 31 May 2015, the size of the Russell Strategy Prudent (Pension) managed fund was $ million.

The Russell Strategy Prudent (Pension) managed fund has an inception date of 19 Jul 2000.

The current entry price of the Russell Strategy Prudent (Pension) managed fund is $0.8102 per unit and the current exit price is $0.8056 per unit (as at 4 Sep 2009).

The current exit price of the Russell Strategy Prudent (Pension) managed fund is $0.8056 per unit and the current entry price is $0.8102 per unit (as at 4 Sep 2009).

The minimum initial investment amount for the Russell Strategy Prudent (Pension) managed fund is $10,000.

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.