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 (%) Color
Russell Investments Low Carbon Global Shares Fund - Class AUDH
Russell Investments
100 #5ab7e8
As at 18/06/2024
Name Allocation (%) Color
United States
63.73 #5ab7e8
Europe ex UK
12.81 #938a84
Emerging Markets
10.33 #c9c8aa
Japan
5.58 #4d5259
United Kingdom
3.65 #f57f22
Canada
3.01 #004680
Asia ex Japan
0.78 #448bb0
Australia/New Zealand
0.11 #6f2b23
As at 30/04/2024
Name Allocation (%) Color
Communication Services
8.07 #5ab7e8
Consumer Discretionary
11.13 #938a84
Consumer Staples
6.59 #c9c8aa
Energy
4.25 #4d5259
Financials
16.03 #f57f22
Health Care
11.43 #004680
Industrials
10.91 #448bb0
Information Technology
23.79 #6f2b23
Materials
3.39 #c54d27
Real Estate
2.30 #866985
Utilities
2.11 #f1c161
As at 30/04/2024
Top 10 Holdings
Name % OF ASSETS
Microsoft Corp 3.81
Apple Inc 3.52
NVIDIA Corp 3.01
Alphabet Inc 2.56
Amazon.com Inc 2.26
Meta Platforms Inc 1.34
Eli Lilly & Co 0.87
Taiwan Semiconductor Manufacturing Co Ltd 0.83
Broadcom Inc 0.81
JPMorgan Chase & Co 0.78
As at 30/04/2024
Performance (As at 31/5/2024)
Inception Date 1 Month 3 Months 1 Year 3 Years 5 Years Since Inception
10/10/2017 3.71% 3.96% 22.64% 4.95% 10.47% 8.41%
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 $445,160,888(As at 13/06/2024)
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.