Russell Investments Low Carbon Global Shares Fund - Class AUDH
The Fund invests in a broad range of international shares listed on stock exchanges in developed and emerging international markets. The Fund suits investors who value environmental, social and governance (ESG) considerations within the investment decision making process, particularly those related to climate change risk.
| Manager | Allocation (%) |
|---|---|
| Russell Investments Low Carbon Global Shares Fund - Class AUDH | |
| Russell Investments | 100 |
| As at 11/12/2024 | |
| Name | Allocation (%) |
|---|---|
| United States | 65.44 |
| Europe ex UK | 11.96 |
| Emerging Markets | 10.40 |
| Japan | 5.03 |
| United Kingdom | 3.34 |
| Canada | 2.98 |
| Asia ex Japan | 0.75 |
| Australia/New Zealand | 0.10 |
| As at 31/10/2024 |
| Name | Allocation (%) |
|---|---|
| Communication Services | 8.26 |
| Consumer Discretionary | 10.86 |
| Consumer Staples | 6.07 |
| Energy | 3.57 |
| Financials | 16.54 |
| Health Care | 10.80 |
| Industrials | 10.82 |
| Information Technology | 25.52 |
| Materials | 3.13 |
| Real Estate | 2.22 |
| Utilities | 2.21 |
| As at 31/10/2024 |
| Name | % OF ASSETS |
|---|---|
| NVIDIA Corp | 4.19 |
| Apple Inc | 4.19 |
| Microsoft Corp | 3.62 |
| Alphabet Inc | 2.36 |
| Amazon.com Inc | 2.20 |
| Meta Platforms Inc | 1.57 |
| Taiwan Semiconductor Manufacturing Co Ltd | 0.96 |
| Broadcom Inc | 0.94 |
| Tesla Inc | 0.90 |
| Eli Lilly & Co | 0.84 |
| As at 31/10/2024 |
| Inception Date | 1 Month | 3 Months | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| 10/10/2017 | 4.26% | 4.76% | 26.08% | 6.80% | 10.07% | 9.29% |
|
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 | $489,301,525(As at 08/12/2024) |
|---|---|
| Fund inception | 10th October 2017 |
| Minimum Investment timeframe | 7 years |
| Investment return objective | To provide a total return, before costs and tax, in line with the Class’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 international shares listed on stock exchanges in developed and emerging international markets. The Fund targets a reduction in carbon exposure, and an increase in exposure to renewable energy, 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. Foreign currency exposures for the Class are largely hedged back to Australian dollars using derivatives. For further information on how the Fund seeks to achieve a reduced carbon exposure, an increase in exposure to renewable energy, and the investment exclusions employed, refer to ESG considerations in the 'How we invest your money' section of the Additional Information Booklet. |