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 18/09/2021
Name Allocation (%) Color
Communication Services
4.40 #5ab7e8
Consumer Discretionary
8.17 #938a84
Consumer Staples
5.29 #c9c8aa
Energy
2.36 #4d5259
Financials
28.96 #f57f22
Health Care
10.52 #004680
Industrials
7.30 #448bb0
Information Technology
3.95 #6f2b23
Materials
20.90 #c54d27
Real Estate
7.26 #866985
Utilities
0.89 #f1c161
As at 31/07/2021
Top 10 Holdings
Name % OF ASSETS
COMMONWEALTH BANK OF AUSTRALIA 8.24
BHP GROUP LTD 7.19
CSL LTD 6.13
WESTPAC BANKING CORP 4.19
NATIONAL AUSTRALIA BANK LTD 3.99
AUST AND NZ BANKING GROUP 3.68
WESFARMERS LTD 3.23
MACQUARIE GROUP LTD 2.49
WOOLWORTHS GROUP LTD 2.29
TELSTRA CORP LTD 2.10
As at 31/07/2021
Performance (As at 31/8/2021)
Inception Date 1 Month 3 Months 1 Year 3 Years 5 Years Since Inception
8/2/2019 2.54% 6.07% 29.04% - - 13.69%
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 $1,039,695,254(As at 15/09/2021)
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 will maintain a reduced carbon exposure compared to the Benchmark, whilst also taking into account other ESG considerations such as the exclusion of controversial weapons and tobacco companies. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.