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 (%) |
|---|---|
| Russell Investments International Bond Fund - $A Hedged | |
| Colchester | 18 |
| RBC UK (BlueBay) | 33 |
| Russell Investments | 25 |
| Russell Investments | 7 |
| Schroders | 17 |
| As at 05/11/2024 | |
| Name | Allocation (%) |
|---|---|
| United States | 43.87 |
| Europe ex UK | 22.00 |
| Emerging Markets | 13.75 |
| Other | 6.70 |
| Japan | 6.26 |
| Australia/New Zealand | 2.71 |
| United Kingdom | 2.47 |
| Canada | 1.61 |
| Asia ex Japan | 0.63 |
| As at 31/08/2024 |
| Inception Date | 1 Month | 3 Months | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| 31/12/1997 | 1.07% | 4.01% | 9.31% | -2.53% | -0.87% | 5.21% |
|
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 | $876,818,846(As at 31/10/2024) |
|---|---|
| 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. |