Russell Investments Global Unconstrained Bond Pool
A Diversified Fixed-Income Strategy
Goal
Russell Investments Global Unconstrained Bond Pool (the “Pool”) aims to address the challenge of low but rising interest rates that has made it difficult to find reliable, income-generating investments. Accordingly, the Pool has the flexibility to invest in a broad range of fixed-income securities across sectors, around the world, and across credit quality and maturity spectrums.
| Key Facts | |
|---|---|
| CUSIP | 78250N102 |
| Ticker | RIGU |
| Inception date | Jan 22, 2020 |
| Management fee | 0.70% |
| Exchange | TSX |
| Distribution frequency | Monthly |
| Risk rating | Low |
Characteristics
As of 10/31/2020
Updated monthly
| Fund Characteristics | |
|---|---|
| Total Assets (All Series) | $656.29 million |
| Net Asset Value (Series F) | $9.68 |
For Prices and Performance, please click here.
Growth of $10,000 (Since Inception) Series F¹
As of 10/31/2020
| 10-30-2007 | 10000.00 |
| 10-31-2007 | 9980.61 |
| 11-30-2007 | 10143.55 |
| 12-31-2007 | 10208.21 |
| 01-31-2008 | 10283.33 |
| 02-29-2008 | 10380.44 |
| 03-31-2008 | 10453.14 |
| 04-30-2008 | 10453.13 |
| 05-31-2008 | 10454.41 |
| 06-30-2008 | 10403.45 |
| 07-31-2008 | 10457.84 |
| 08-31-2008 | 10541.53 |
| 09-30-2008 | 10152.72 |
| 10-31-2008 | 9860.81 |
| 11-30-2008 | 9960.27 |
| 12-31-2008 | 10334.45 |
| 01-31-2009 | 10265.96 |
| 02-28-2009 | 10189.43 |
| 03-31-2009 | 10357.03 |
| 04-30-2009 | 10455.45 |
| 05-31-2009 | 10593.81 |
| 06-30-2009 | 10829.87 |
| 07-31-2009 | 11020.56 |
| 08-31-2009 | 11193.51 |
| 09-30-2009 | 11372.73 |
| 10-31-2009 | 11413.27 |
| 11-30-2009 | 11536.84 |
| 12-31-2009 | 11425.94 |
| 01-31-2010 | 11665.57 |
| 02-28-2010 | 11670.68 |
| 03-31-2010 | 11627.20 |
| 04-30-2010 | 11672.82 |
| 05-31-2010 | 11747.42 |
| 06-30-2010 | 11930.80 |
| 07-31-2010 | 12003.74 |
| 08-31-2010 | 12256.24 |
| 09-30-2010 | 12354.50 |
| 10-31-2010 | 12398.18 |
| 11-30-2010 | 12270.24 |
| 12-31-2010 | 12206.49 |
| 01-31-2011 | 12195.67 |
| 02-28-2011 | 12239.33 |
| 03-31-2011 | 12210.57 |
| 04-30-2011 | 12324.13 |
| 05-31-2011 | 12488.55 |
| 06-30-2011 | 12458.66 |
| 07-31-2011 | 12706.59 |
| 08-31-2011 | 12730.79 |
| 09-30-2011 | 12864.13 |
| 10-31-2011 | 12867.27 |
| 11-30-2011 | 12893.97 |
| 12-31-2011 | 13103.18 |
| 01-31-2012 | 13211.10 |
| 02-29-2012 | 13181.07 |
| 03-31-2012 | 13153.90 |
| 04-30-2012 | 13178.45 |
| 05-31-2012 | 13443.66 |
| 06-30-2012 | 13454.86 |
| 07-31-2012 | 13585.06 |
| 08-31-2012 | 13576.82 |
| 09-30-2012 | 13679.07 |
| 10-31-2012 | 13683.88 |
| 11-30-2012 | 13741.96 |
| 12-31-2012 | 13744.58 |
| 01-31-2013 | 13649.70 |
| 02-28-2013 | 13781.17 |
| 03-31-2013 | 13836.83 |
| 04-30-2013 | 14011.44 |
| 05-31-2013 | 13790.35 |
| 06-30-2013 | 13428.46 |
| 07-31-2013 | 13453.71 |
| 08-31-2013 | 13356.91 |
| 09-30-2013 | 13431.26 |
| 10-31-2013 | 13597.88 |
| 11-30-2013 | 13559.94 |
| 12-31-2013 | 13504.60 |
| 01-31-2014 | 13846.28 |
| 02-28-2014 | 13903.85 |
| 03-31-2014 | 13880.88 |
| 04-30-2014 | 13944.67 |
| 05-31-2014 | 14099.44 |
| 06-30-2014 | 14139.47 |
| 07-31-2014 | 14217.50 |
| 08-31-2014 | 14297.25 |
| 09-30-2014 | 14212.50 |
| 10-31-2014 | 14225.90 |
| 11-30-2014 | 14278.09 |
| 12-31-2014 | 14301.83 |
| 01-31-2015 | 14482.84 |
| 02-28-2015 | 14469.69 |
| 03-31-2015 | 14466.80 |
| 04-30-2015 | 14442.89 |
| 05-31-2015 | 14516.97 |
| 06-30-2015 | 14553.55 |
| 07-31-2015 | 14512.40 |
| 08-31-2015 | 14472.27 |
| 09-30-2015 | 14386.17 |
| 10-31-2015 | 14425.50 |
| 11-30-2015 | 14390.43 |
| 12-31-2015 | 14343.01 |
| 01-31-2016 | 14218.55 |
| 02-29-2016 | 14215.61 |
| 03-31-2016 | 14271.57 |
| 04-30-2016 | 14349.95 |
| 05-31-2016 | 14334.34 |
| 06-30-2016 | 14372.07 |
| 07-31-2016 | 14428.78 |
| 08-31-2016 | 14467.47 |
| 09-30-2016 | 14487.50 |
| 10-31-2016 | 14544.89 |
| 11-30-2016 | 14534.71 |
| 12-31-2016 | 14542.07 |
| 01-31-2017 | 14526.55 |
| 02-28-2017 | 14560.24 |
| 03-31-2017 | 14585.66 |
| 04-30-2017 | 14582.23 |
| 05-31-2017 | 14567.44 |
| 06-30-2017 | 14608.07 |
| 07-31-2017 | 14593.13 |
| 08-31-2017 | 14587.21 |
| 09-30-2017 | 14614.22 |
| 10-31-2017 | 14557.89 |
| 11-30-2017 | 14615.40 |
| 12-31-2017 | 14630.26 |
| 01-31-2018 | 14650.57 |
| 02-28-2018 | 14731.00 |
| 03-31-2018 | 14781.33 |
| 04-30-2018 | 14825.03 |
| 05-31-2018 | 14876.08 |
| 06-30-2018 | 14898.20 |
| 07-31-2018 | 14935.70 |
| 08-31-2018 | 14962.52 |
| 09-30-2018 | 14947.35 |
| 10-31-2018 | 14996.75 |
| 11-30-2018 | 14959.70 |
| 12-31-2018 | 14851.89 |
| 01-31-2019 | 14965.86 |
| 02-28-2019 | 15041.62 |
| 03-31-2019 | 15043.65 |
| 04-30-2019 | 15132.46 |
| 05-31-2019 | 15138.88 |
| 06-30-2019 | 15163.60 |
| 07-31-2019 | 15211.49 |
| 08-31-2019 | 15253.28 |
| 09-30-2019 | 15302.77 |
| 10-31-2019 | 15309.26 |
| 11-30-2019 | 15396.90 |
| 12-31-2019 | 15464.14 |
| 01-31-2020 | 15524.83 |
| 02-29-2020 | 15519.39 |
| 03-31-2020 | 14058.98 |
| 04-30-2020 | 14003.18 |
| 05-31-2020 | 14262.82 |
| 06-30-2020 | 14463.94 |
| 07-31-2020 | 14493.63 |
| 08-31-2020 | 14611.40 |
| 09-30-2020 | 14645.07 |
| 10-31-2020 | 14656.85 |
Although exchange-traded series of mutual funds (“ETF Series”) will be listed on the TSX or another exchange or marketplace, there can be no assurance that an active public market for ETF Series will develop or be sustained. Trading of ETF Series on certain marketplaces may be halted under certain circumstances. There can be no assurance that ETF Series will trade at prices that reflect their net asset value per security. The trading price of ETF Series will fluctuate. For more information on risks associated with investing in ETF Series, please read the prospectus before investing.
Top 10 Holdings*
As of 07/31/2020
Updated monthly
| Company | Weight |
|---|---|
| Canadian Dollar | 38.59% |
| Ginnie Mae II 3.000% 1-Dec-2099 | 29.55% |
| Ginnie Mae, 2.5%, 08/20/2050 | 18.62% |
| United States Treasury Inflation Indexed Bonds 0.1 | 2.22% |
| CARMAX AUTO OWNER TRUST, 3.3%, 05/15/2024 | 0.48% |
| UBS COMMERCIAL MORTGAGE TRUST, 1%, 02/15/2032 | 0.47% |
| Citigroup Commercial Mortgage Trust Series 2014-GC25 Cl. C, 4.525725%, 10/10/2047 | 0.45% |
| Homeward Opportunities Fund I Trust Series 2018-1 Cl. A1, 3.766%, 06/25/2048 | 0.44% |
| SMB Private Education Loan Trust Series 2017-B Cl. B, 3.5%, 12/16/2041 | 0.39% |
| Sofi Consumer Loan Program LLC Series 2017-6 Cl. B, 3.52%, 11/25/2026 | 0.38% |
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Sub-Advisers
As of 12/31/2019
| Name | Allocation % | Style |
|---|---|---|
| First Eagle Alternative Credit, LLC* | 20 | Yield |
| Putnam Investment Management, LLC | 20 | Opportunistic |
| Voya Investment Management Co. LLC | 25 | Yield |
| Russell Investments | 30 | Positioning strategies |
| Russell Investments | 5 | Dynamic cash management |
*First Eagle Alternative Credit, LLC acquired THL Credit Advisors, LLC effective January 31, 2020.
Although exchange-traded series of mutual funds (“ETF Series”) will be listed on the TSX or another exchange or marketplace, there can be no assurance that an active public market for ETF Series will develop or be sustained. Trading of ETF Series on certain marketplaces may be halted under certain circumstances. There can be no assurance that ETF Series will trade at prices that reflect their net asset value per security. The trading price of ETF Series will fluctuate. For more information on risks associated with investing in ETF Series, please read the prospectus before investing.
| Series | Load | Fund Code | Currency |
|---|---|---|---|
| Series B | Front Load | FRC 931 | CAD |
| Series B | Low Load | FRC 933 | CAD |
| Series ETF Series | RIGU | CAD | |
| Series F | No Load | FRC 981 | CAD |
| Series O | No Load | FRC 991 | CAD |