Russell Investments Low Carbon Australian Shares Fund

The Fund provides investors in Australian shares with a sustainable investment solution that supports the management of climate change risk and the transition to a low carbon economy. Designed with Russell Investments’ proprietary decarbonisation investment strategy, the Fund comprehensively considers the value and measure of carbon and environmental, social and governance (ESG) characteristics.

Manager Allocation (%) Color
Russell Investments Low Carbon Australian Shares Fund
Russell Investments
100 #5ab7e8
As at 15/07/2024
Name Allocation (%) Color
Communication Services
3.73 #5ab7e8
Consumer Discretionary
7.32 #938a84
Consumer Staples
3.99 #c9c8aa
Energy
4.26 #4d5259
Financials
30.21 #f57f22
Health Care
10.11 #004680
Industrials
6.75 #448bb0
Information Technology
3.65 #6f2b23
Materials
22.03 #c54d27
Real Estate
7.11 #866985
Utilities
0.84 #f1c161
As at 31/05/2024
Top 10 Holdings
Name % OF ASSETS
BHP Group Ltd 9.26
Commonwealth Bank of Australia 8.39
CSL Ltd 5.55
National Australia Bank Ltd 4.33
Westpac Banking Corp 3.72
ANZ Group Holdings Ltd 3.49
Wesfarmers Ltd 3.03
Macquarie Group Ltd 2.81
Goodman Group 2.49
Woodside Energy Group Ltd 2.32
As at 31/05/2024
Performance (As at 31/5/2024)
Inception Date 1 Month 3 Months 1 Year 3 Years 5 Years Since Inception
8/2/2019 0.55% 0.21% 12.27% 6.00% 7.68% 8.73%
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 $1,787,971,119(As at 30/06/2024)
Fund inception 8th February 2019
Minimum Investment timeframe 7 years
Investment return objective To provide a total return, before costs and tax, in line with the Fund’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 Australian shares listed on the Australian Securities Exchange. The Fund targets a reduction in carbon exposure compared to the Benchmark. 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 risks. For further information on how the Fund seeks to achieve a reduced carbon exposure and the investment exclusions employed, refer to ESG considerations in the ‘How we invest your money’ section of the Additional Information Booklet.