Russell Investments Emerging Markets Equity Pool

Goal

To provide maximum total return, primarily through capital appreciation, by assuming a higher level of volatility than is ordinarily expected from developed markets outside North America by investing primarily in equity securities of emerging markets.

Overview
Holdings and Details
Fund Codes

Characteristics

As of 11/30/2020
Updated monthly

Fund Characteristics
Total Assets (All Series)	$561.15 million
Net Asset Value (Series F)	$29.94

For Prices and Performance, please click here.

Growth of $10,000 (Since Inception) Series F^¹

As of 12/31/2020

02-06-2001	10000.00
02-28-2001	9448.30
03-31-2001	8889.30
04-30-2001	9311.90
05-31-2001	9573.70
06-30-2001	9183.30
07-31-2001	8577.00
08-31-2001	8370.80
09-30-2001	7197.70
10-31-2001	7580.90
11-30-2001	8343.30
12-31-2001	8992.60
01-31-2002	9269.60
02-28-2002	9537.00
03-31-2002	10045.40
04-30-2002	9939.10
05-31-2002	9595.50
06-30-2002	8806.60
07-31-2002	8476.60
08-31-2002	8365.60
09-30-2002	7544.30
10-31-2002	7923.20
11-30-2002	8533.60
12-31-2002	8203.51
01-31-2003	7904.87
02-28-2003	7516.77
03-31-2003	7162.13
04-30-2003	7632.54
05-31-2003	7853.87
06-30-2003	8170.47
07-31-2003	8976.86
08-31-2003	9351.49
09-30-2003	9254.59
10-31-2003	9807.93
11-30-2003	9861.68
12-31-2003	10820.76
01-31-2004	11231.50
02-29-2004	11797.38
03-31-2004	11747.70
04-30-2004	11382.96
05-31-2004	11042.19
06-30-2004	10969.06
07-31-2004	10844.83
08-31-2004	11141.44
09-30-2004	11426.92
10-31-2004	11398.06
11-30-2004	12245.96
12-31-2004	13070.61
01-31-2005	13642.50
02-28-2005	14766.00
03-31-2005	13385.78
04-30-2005	13574.06
05-31-2005	13979.60
06-30-2005	14054.67
07-31-2005	15212.03
08-31-2005	14987.13
09-30-2005	15848.90
10-31-2005	15040.37
11-30-2005	16025.15
12-31-2005	16886.31
01-31-2006	18559.88
02-28-2006	18193.61
03-31-2006	18905.04
04-30-2006	19413.18
05-31-2006	17015.54
06-30-2006	16976.48
07-31-2006	17539.30
08-31-2006	17607.94
09-30-2006	17814.99
10-31-2006	18835.17
11-30-2006	20442.95
12-31-2006	21838.67
01-31-2007	21810.83
02-28-2007	21783.59
03-31-2007	22180.57
04-30-2007	22055.72
05-31-2007	22931.16
06-30-2007	23675.33
07-31-2007	24849.32
08-31-2007	23988.46
09-30-2007	24938.56
10-31-2007	26091.64
11-30-2007	25312.08
12-31-2007	25044.74
01-31-2008	22503.69
02-29-2008	23704.20
03-31-2008	23392.49
04-30-2008	24746.40
05-31-2008	25182.64
06-30-2008	22902.50
07-31-2008	21877.43
08-31-2008	20709.06
09-30-2008	16932.01
10-31-2008	13953.29
11-30-2008	12564.90
12-31-2008	13450.07
01-31-2009	12615.93
02-28-2009	12155.10
03-31-2009	13972.33
04-30-2009	15826.33
05-31-2009	17204.10
06-30-2009	18138.19
07-31-2009	18852.45
08-31-2009	19240.96
09-30-2009	20725.35
10-31-2009	20783.09
11-30-2009	21215.15
12-31-2009	21968.75
01-31-2010	20879.55
02-28-2010	20703.68
03-31-2010	21676.70
04-30-2010	21889.76
05-31-2010	20305.72
06-30-2010	20374.13
07-31-2010	21673.83
08-31-2010	21950.16
09-30-2010	23565.02
10-31-2010	23896.83
11-30-2010	23585.05
12-31-2010	24202.23
01-31-2011	23727.84
02-28-2011	22859.80
03-31-2011	23923.95
04-30-2011	24089.64
05-31-2011	23674.12
06-30-2011	23215.44
07-31-2011	22761.29
08-31-2011	21238.16
09-30-2011	19238.18
10-31-2011	20692.48
11-30-2011	20130.57
12-31-2011	19633.37
01-31-2012	21435.61
02-29-2012	22229.56
03-31-2012	22098.77
04-30-2012	21511.87
05-31-2012	19890.54
06-30-2012	20267.31
07-31-2012	20161.20
08-31-2012	19982.73
09-30-2012	21026.35
10-31-2012	21323.80
11-30-2012	21287.41
12-31-2012	22463.08
01-31-2013	22876.48
02-28-2013	23198.46
03-31-2013	22635.03
04-30-2013	22740.95
05-31-2013	22882.00
06-30-2013	21770.50
07-31-2013	21669.12
08-31-2013	21805.63
09-30-2013	22705.93
10-31-2013	24078.23
11-30-2013	24018.14
12-31-2013	24035.28
01-31-2014	23587.79
02-28-2014	24212.69
03-31-2014	24884.97
04-30-2014	25055.73
05-31-2014	25940.04
06-30-2014	25918.05
07-31-2014	26815.86
08-31-2014	27289.28
09-30-2014	26236.59
10-31-2014	26557.43
11-30-2014	26568.76
12-31-2014	25533.08
01-31-2015	27851.53
02-28-2015	27988.61
03-31-2015	27765.94
04-30-2015	28652.22
05-31-2015	28447.93
06-30-2015	27781.01
07-31-2015	26944.57
08-31-2015	24958.58
09-30-2015	24349.53
10-31-2015	25457.61
11-30-2015	25210.29
12-31-2015	25620.74
01-31-2016	24137.40
02-29-2016	23192.45
03-31-2016	25041.19
04-30-2016	24584.71
05-31-2016	24880.07
06-30-2016	25409.26
07-31-2016	27056.05
08-31-2016	28155.05
09-30-2016	28623.60
10-31-2016	29203.92
11-30-2016	28202.52
12-31-2016	28054.57
01-31-2017	29061.04
02-28-2017	30270.05
03-31-2017	31155.45
04-30-2017	32678.95
05-31-2017	33034.96
06-30-2017	31969.86
07-31-2017	32730.14
08-31-2017	33347.31
09-30-2017	33397.94
10-31-2017	35669.68
11-30-2017	35440.37
12-31-2017	35547.27
01-31-2018	37428.72
02-28-2018	37286.24
03-31-2018	37035.63
04-30-2018	36426.64
05-31-2018	35351.26
06-30-2018	33939.52
07-31-2018	34319.93
08-31-2018	32877.28
09-30-2018	32308.56
10-31-2018	30080.10
11-30-2018	31446.59
12-31-2018	31054.31
01-31-2019	32877.63
02-28-2019	32983.92
03-31-2019	34043.36
04-30-2019	34641.39
05-31-2019	32627.95
06-30-2019	33706.48
07-31-2019	33429.63
08-31-2019	32103.13
09-30-2019	32837.04
10-31-2019	33952.05
11-30-2019	34240.85
12-31-2019	35934.09
01-31-2020	34511.20
02-29-2020	33334.05
03-31-2020	28296.33
04-30-2020	30546.75
05-31-2020	30695.53
06-30-2020	32403.78
07-31-2020	34593.57
08-31-2020	34198.80
09-30-2020	34337.52
10-31-2020	34977.91
11-30-2020	37659.31
12-31-2020	39842.55

¹Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.

Series F is a wrap or fee-for-service program and as such, the performance shown does not include the advisory fee paid by the investor to the dealer that would have reduced returns. Other series of units of the fund are subject to higher management fees and/or expenses which result in lower returns for those series than cited above. Annual returns are calendar year returns for the last ten years or since inception if the Fund has less than ten years of history. Performance is annualized except for periods of less than one year.

Russell Investments has the right to engage or terminate a sub-adviser at any time and without notice.

Top 10 Holdings^*

As of 11/30/2020

Updated monthly

Company	Weight
Canadian Dollar	6.59%
Taiwan Semiconductor Manufacturing Co., Ltd.	5.26%
Samsung Electronics Co., Ltd.	4.60%
Tencent Holdings, Ltd.	4.20%
Alibaba Group Holding Ltd. Sponsored ADR	3.22%
SK Hynix Inc	1.66%
Ping An Insurance Group Co. of China, Ltd.	1.42%
LG Chem Ltd.	1.24%
Petroleo Brasileiro SA	1.11%
Reliance Industries, Ltd.	1.05%
*A portion of the cash held in this fund is securitized. The listing of holdings provides information on a fund's investments as of the date indicated and may differ from its annual financial statements.

Sub-Advisers

As of 12/31/2019

Name	Allocation %	color	Style
Name	Allocation %	color	Style	AllianceBernstein Canada, Inc.	20	#66aadd	Value
Oaktree Capital Management, L.P.	15	#5c5c5c	Relative value
Neuberger Berman Investment Advisers LLC	17	#005596	Growth
RWC Asset Advisors (US) LLC	11	#dd6600	Growth
Axiom International Investors LLC	17	#9e9e9e	Quality Growth
Coeli AB	5	#ccccbb	Frontier Markets
Russell Investments	15	#000000	Positioning strategies