Russell Investments International Bond Fund - $A Hedged - Class A

The Fund invests in a range of fixed income securities issued by international governments, companies and agencies.

Manager Allocation (%) Color
Russell Investments International Bond Fund - $A Hedged
BlueBay
29 #5ab7e8
Russell Investments
14 #938a84
Russell Investments
20 #c9c8aa
Russell Investments
3 #4d5259
Schroders
13 #f57f22
Western Asset Management
21 #004680
As at 01/03/2024
Name Allocation (%) Color
Asia/Pacific ex Japan
0.99 #5ab7e8
Canada
1.62 #938a84
EMEA ex UK
21.84 #c9c8aa
Emerging
5.99 #4d5259
Frontier
2.80 #f57f22
Japan
6.97 #004680
Other
1.50 #448bb0
UK
3.65 #6f2b23
Unknown
10.62 #c54d27
US
44.02 #866985
As at 31/12/2023
Performance (As at 31/1/2024)
Inception Date 1 Month 3 Months 1 Year 3 Years 5 Years Since Inception
31/12/1997 -0.22% 6.55% 1.78% -4.01% -0.27% 5.20%
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 $1,034,394,956(As at 27/02/2024)
Fund inception 31st December 1997
Minimum Investment timeframe 3 years
Investment return objective To provide a total return, before costs and tax, higher than the Fund’s benchmark over the medium term by providing exposure to a diversified portfolio of predominantly fixed income securities denominated in foreign currencies and largely hedged into Australian dollars.
Investment strategy The Fund invests predominantly in debt securities issued by supranationals, international governments, quasi-governments, agencies and corporates, and structured credit securities (including mortgage and asset backed securities). The Fund may also invest in low grade, unrated or emerging markets debt securities, and currency to a limited extent. The Fund employs certain investment exclusions. The Fund also targets a reduction in Carbon Footprint compared to the Benchmark, in respect of the Corporate Debt portion of the debt securities it holds. Derivatives may be used by the Fund to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risks. Foreign currency exposures are largely hedged back to Australian dollars, apart from those foreign currency exposures that are used to generate excess returns from active currency management. For further information on how the Fund seeks to achieve a reduction in Carbon Footprint and the investment exclusions employed by the Fund, refer to ESG considerations in the ‘How we invest your money’ section of the Additional Information Booklet.