Russell Investments Australian Opportunities Fund - Class A
The underlying managers use a range of innovative investment techniques and higher return seeking strategies, such as active extension, holding concentrated portfolios and investing in a selection of smaller companies. The managers focus on identifying the best investment opportunities available and are generally not constrained to a market benchmark.
| Manager | Allocation (%) |
|---|---|
| Russell Investments Australian Opportunities Fund | |
| Allan Gray | 12 |
| Ausbil Investment Management | 12 |
| Firetrail Investments | 20 |
| L1 Capital (Catalyst) | 10 |
| Platypus Asset Management | 14 |
| Russell Investments | 3 |
| Russell Investments | 9 |
| WaveStone Capital | 20 |
| As at 19/04/2024 | |
| Name | Allocation (%) |
|---|---|
| Energy | 6.02 |
| Materials | 23.55 |
| Industrials | 7.74 |
| Consumer Discretionary | 8.05 |
| Consumer Staples | 3.48 |
| Health Care | 11.42 |
| Financials | 21.42 |
| Information Technology | 3.04 |
| Communication Services | 4.06 |
| Utilities | 0.94 |
| Real Estate | 6.29 |
| Other | 3.99 |
| As at 29/02/2024 |
| Name | % OF ASSETS |
|---|---|
| CSL LTD | 6.69 |
| BHP GROUP LTD | 6.55 |
| COMMONWEALTH BANK OF AUST | 4.85 |
| SANTOS LTD | 3.49 |
| NATIONAL AUSTRALIA BANK LTD | 3.25 |
| GOODMAN GROUP | 3.15 |
| ANZ GROUP HOLDINGS LTD | 3.13 |
| QBE INSURANCE GROUP LTD | 3.07 |
| BLUESCOPE STEEL LTD | 2.02 |
| WESTPAC BANKING CORP | 1.99 |
| As at 29/02/2024 |
| Inception Date | 1 Month | 3 Months | 1 Year | 3 Years | 5 Years | Since Inception |
|---|---|---|---|---|---|---|
| 31/5/2004 | 3.88% | 6.22% | 12.52% | 7.23% | 7.40% | 8.25% |
|
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 | $975,613,820(As at 16/04/2024) |
|---|---|
| Fund inception | 31st May 2004 |
| Minimum Investment timeframe | 7 years |
| Investment return objective | To significantly outperform the Fund’s benchmark, before costs and tax, over the long term by providing exposure to a diversified portfolio of predominantly Australian shares. |
| Investment strategy | The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange. The Fund may also engage in short selling of securities. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. |