Russell Investments Tax Effective Global Shares Fund - Class A

The underlying managers' strategies tend to have higher levels of risk and lower benchmark sensitivity than more traditional products. At the total Fund level, our goal is to reduce dependency on a particular economic scenario, region or market cycle by creating an aggregate portfolio of managers that provide opportunities to strongly outperform in most environments.

Manager Allocation (%) Color
Russell Investments Tax Effective Global Shares Fund
J O Hambro Capital Management
8.5 #5ab7e8
Liquidity Reserve
3 #938a84
Morgan Stanley
8 #c9c8aa
Nissay Asset Management
9.5 #4d5259
Numeric Investors
10 #f57f22
Oaktree Capital
10 #004680
PineStone Asset Management
11 #448bb0
Redwheel
6.5 #6f2b23
Russell Investments
18 #c54d27
Sanders Capital
15.5 #866985
As at 23/02/2024
Name Allocation (%) Color
Asia ex Japan
0.87 #5ab7e8
Australia/New Zealand
0.99 #938a84
Canada
2.81 #c9c8aa
Emerging Markets
12.26 #4d5259
Europe ex UK
13.44 #f57f22
Japan
6.12 #004680
UK
3.83 #448bb0
United States
58.68 #6f2b23
Other
1.00 #c54d27
As at 31/12/2023
Name Allocation (%) Color
Energy
3.31 #5ab7e8
Materials
5.39 #938a84
Industrials
10.79 #c9c8aa
Consumer Discretionary
12.36 #4d5259
Consumer Staples
6.18 #f57f22
Health Care
12.18 #004680
Financials
15.51 #448bb0
Information Technology
21.57 #6f2b23
Communication Services
8.65 #c54d27
Utilities
1.29 #866985
Real Estate
1.75 #f1c161
Other
1.02 #607653
As at 31/12/2023
Top 10 Holdings
Name % OF ASSETS
MICROSOFT CORP 4.31
APPLE INC 2.74
META PLATFORMS INC-CLASS A 2.01
ALPHABET INC-CL A 1.61
TAIWAN SEMICONDUCTOR-SP ADR 1.60
UNITEDHEALTH GROUP INC 1.51
ALPHABET INC-CL C 1.41
AMAZON.COM INC 1.20
SAMSUNG ELECTRONICS CO LTD 1.12
MASTERCARD INC - A 1.01
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
8/11/2016 3.85% 9.36% 19.33% 10.30% 11.87% 12.15%
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 $2,684,360,464(As at 20/02/2024)
Fund inception 20th October 2014
Minimum Investment timeframe 7 years
Investment return objective To provide a total after tax return, before costs, higher than the Fund’s benchmark over the long term by providing exposure to a diversified portfolio of predominantly international shares.
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 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 risk. Tax efficient strategies are implemented to enhance the after-tax return of the Fund. For further information on the Fund’s ESG considerations and the investment exclusions employed, refer to ESG considerations in the “How we invest your money” section of the Additional Information Booklet.