Russell Investments Tax Effective Global Shares Fund - Class A
The underlying managers' strategies tend to have higher levels of risk and lower benchmark sensitivity than more traditional products. At the total Fund level, our goal is to reduce dependency on a particular economic scenario, region or market cycle by creating an aggregate portfolio of managers that provide opportunities to strongly outperform in most environments.
| Manager | Allocation (%) |
|---|---|
| Russell Investments Tax Effective Global Shares Fund | |
| Brandywine Global Investment Management | 7 |
| Joh. Berenberg, Gossler & Co. KG | 5 |
| Morgan Stanley | 5 |
| Nissay Asset Management | 9.5 |
| Numeric Investors | 10.5 |
| Oaktree Capital | 9 |
| PineStone Asset Management | 11 |
| Redwheel | 6.5 |
| Russell Investments | 21 |
| Sanders Capital | 15.5 |
| As at 26/04/2024 | |
| Name | Allocation (%) |
|---|---|
| Asia ex Japan | 1.01 |
| Australia/New Zealand | 0.87 |
| Canada | 2.88 |
| Emerging Markets | 11.86 |
| Europe ex UK | 13.61 |
| Japan | 6.48 |
| UK | 2.72 |
| United States | 59.78 |
| Other | 0.79 |
| As at 29/02/2024 |
| Name | Allocation (%) |
|---|---|
| Energy | 3.17 |
| Materials | 4.95 |
| Industrials | 11.26 |
| Consumer Discretionary | 12.83 |
| Consumer Staples | 6.13 |
| Health Care | 11.96 |
| Financials | 15.12 |
| Information Technology | 22.31 |
| Communication Services | 9.09 |
| Utilities | 0.90 |
| Real Estate | 1.51 |
| Other | 0.77 |
| As at 29/02/2024 |
| Name | % OF ASSETS |
|---|---|
| MICROSOFT CORP | 4.50 |
| META PLATFORMS INC-CLASS A | 2.46 |
| APPLE INC | 2.43 |
| TAIWAN SEMICONDUCTOR-SP ADR | 1.92 |
| ALPHABET INC-CL A | 1.69 |
| AMAZON.COM INC | 1.31 |
| NVIDIA CORP | 1.30 |
| ALPHABET INC-CL C | 1.25 |
| UNITEDHEALTH GROUP INC | 1.22 |
| MASTERCARD INC - A | 1.08 |
| As at 29/02/2024 |
| Inception Date | 1 Month | 3 Months | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| 8/11/2016 | 3.24% | 12.61% | 23.90% | 10.55% | 12.19% | 13.10% |
|
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 | $2,369,350,329(As at 22/04/2024) |
|---|---|
| Fund inception | 20th October 2014 |
| Minimum Investment timeframe | 7 years |
| Investment return objective | To provide a total after tax return, before costs, higher than the Fund’s benchmark over the long term by providing exposure to a diversified portfolio of predominantly international shares. |
| 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 also employs certain investment exclusions. Derivatives may be used by the Fund to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. Tax efficient strategies are implemented to enhance the after-tax return of the Fund. For further information on the Fund’s ESG considerations and the investment exclusions employed, refer to ESG considerations in the “How we invest your money” section of the Additional Information Booklet. |