Russell Investments Low Carbon Global Shares Fund - Class AUDH
The Fund invests in a broad range of international shares listed on stock exchanges in developed and emerging international markets. The Fund suits investors who value environmental, social and governance (ESG) considerations within the investment decision making process, particularly those related to climate change risk.
| Manager | Allocation (%) |
|---|---|
| Russell Investments Low Carbon Global Shares Fund - Class AUDH | |
| Russell Investments | 100 |
| As at 23/09/2023 | |
| Name | Allocation (%) |
|---|---|
| Asia ex Japan | 0.93 |
| Australia/New Zealand | 0.18 |
| Canada | 2.99 |
| Emerging Markets | 10.81 |
| Europe ex UK | 13.06 |
| Japan | 5.31 |
| UK | 3.71 |
| United States | 62.11 |
| Other | 0.90 |
| As at 31/07/2023 |
| Name | Allocation (%) |
|---|---|
| Energy | 4.15 |
| Materials | 3.78 |
| Industrials | 10.38 |
| Consumer Discretionary | 11.56 |
| Consumer Staples | 7.15 |
| Health Care | 11.78 |
| Financials | 15.40 |
| Information Technology | 22.39 |
| Communication Services | 7.82 |
| Utilities | 2.28 |
| Real Estate | 2.50 |
| Other | 0.81 |
| As at 31/07/2023 |
| Name | % OF ASSETS |
|---|---|
| APPLE INC | 4.78 |
| MICROSOFT CORP | 3.67 |
| AMAZON.COM INC | 1.90 |
| NVIDIA CORP | 1.78 |
| ALPHABET INC-CL A | 1.22 |
| TESLA INC | 1.17 |
| ALPHABET INC-CL C | 1.10 |
| META PLATFORMS INC-CLASS A | 1.09 |
| UNITEDHEALTH GROUP INC | 0.84 |
| BERKSHIRE HATHAWAY INC-CL B | 0.71 |
| As at 31/07/2023 |
| Inception Date | 1 Month | 3 Months | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| 10/10/2017 | -2.33% | 6.15% | 11.35% | 6.42% | 6.44% | 6.88% |
|
Past performance is not a reliable indicator of future performance. Performance is net of fees and charges. Performance for periods longer than 1 year are annualised. This information has been prepared for the purpose of providing general information, without taking into account your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation or needs. Please consult your financial adviser. This information has been compiled from sources considered to be reliable, but is not guaranteed. Any potential investor should consider the relevant PDS in deciding whether to acquire, or continue to hold units in a fund. |
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Fund detail
| Assets under management | $825,418,000(As at 20/09/2023) |
|---|---|
| Fund inception | 10th October 2017 |
| Minimum Investment timeframe | 7 years |
| Investment return 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. |
| Investment 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. Foreign currency exposures for the Class are largely hedged back to Australian dollars using derivatives. |