Russell Investments Australian Opportunities Fund - Class A

The underlying managers use a range of innovative investment techniques and higher return seeking strategies, such as active extension, holding concentrated portfolios and investing in a selection of smaller companies. The managers focus on identifying the best investment opportunities available and are generally not constrained to a market benchmark.

Manager Allocation (%) Color
Russell Investments Australian Opportunities Fund
Allan Gray Australia Pty Ltd
12 #5ab7e8
Ausbil Investment Management Limited
12 #938a84
Firetrail Investments Pty Limited
20 #c9c8aa
L1 Capital Pty Ltd
10 #4d5259
Platypus Asset Management Pty Limited
14 #f57f22
Russell Investments
3 #004680
Russell Investments
9 #448bb0
WaveStone Capital
20 #6f2b23
As at 25/05/2024
Name Allocation (%) Color
Materials
24.33 #5ab7e8
Financials
21.68 #938a84
Health Care
11.48 #c9c8aa
Consumer Discretionary
7.82 #4d5259
Industrials
7.49 #f57f22
Energy
6.60 #004680
Real Estate
6.29 #448bb0
Communication Services
4.07 #6f2b23
Consumer Staples
3.45 #c54d27
Other
3.27 #866985
Information Technology
2.78 #f1c161
Utilities
0.74 #607653
As at 31/03/2024
Top 10 Holdings
Name % OF ASSETS
CSL Ltd 6.52
BHP Group Ltd 6.28
Commonwealth Bank of Australia 3.85
Santos Ltd 3.85
Goodman Group 3.06
National Australia Bank Ltd 3.05
QBE Insurance Group Ltd 3.01
ANZ Group Holdings Ltd 2.62
BlueScope Steel Ltd 2.09
Newmont Corp 2.02
As at 31/03/2024
Performance (As at 30/4/2024)
Inception Date 1 Month 3 Months 1 Year 3 Years 5 Years Since Inception
31/5/2004 -2.24% 2.91% 7.94% 5.58% 6.48% 8.09%
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.

Fund detail

Assets under management $1,000,058,151(As at 22/05/2024)
Fund inception 31st May 2004
Minimum Investment timeframe 7 years
Investment return objective To significantly outperform the Fund’s benchmark, before costs and tax, over the long term by providing exposure to a diversified portfolio of predominantly Australian shares.
Investment strategy The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange. The Fund may also engage in short selling of securities. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.