Russell Investments Focused Canadian Equity Pool
Investment Strategy
This fund invests primarily in shares of Canadian companies, using the following styles: defensive, value and growth with an emphasis on the defensive and value styles.
Goal
To provide long-term capital appreciation primarily through exposure to a select portfolio of equity securities of Canadian issuers listed on recognized stock exchanges.
Key reasons to own this fund
- Defensive and value tilt. Based on Russell Investments' research, defensive strategies seek to offer a more conservative risk/return trade-off with less volatility than the broader market.
- Diversification. Fund structure is widely-diversified with three sub-advisers, each bringing complementary investment strategies and relevant expertise.
- Russell Investments "best-of-breed" sub-advisers. Sub-advised by Canadian stock specialists that focus on higher quality companies.
- Enhanced Portfolio Implementation. Reduced portfolio turnover by using Russell Implementation Services to execute trades based on the sub-advisers' recommendations.
- Tax efficiency. Available in the corporate class structure through the Russell Investments Focused Canadian Equity Class.
- Minimum account size. $25,000.
Characteristics
As of 2021-09-30
Updated monthly
| Fund Characteristics | |
|---|---|
| Total Assets (All Series) | $225.58 million |
| Net Asset Value (Series F) | $12.22 |
For Prices and Performance, please click here.
Growth of $10,000 (Since Inception) Series F¹
As of 2021-09-30
| 12-10-2012 | 10000.00 |
| 12-31-2012 | 10126.95 |
| 01-31-2013 | 10355.59 |
| 02-28-2013 | 10429.57 |
| 03-31-2013 | 10493.68 |
| 04-30-2013 | 10321.29 |
| 05-31-2013 | 10480.42 |
| 06-30-2013 | 10168.03 |
| 07-31-2013 | 10532.37 |
| 08-31-2013 | 10679.84 |
| 09-30-2013 | 10788.82 |
| 10-31-2013 | 11182.57 |
| 11-30-2013 | 11179.48 |
| 12-31-2013 | 11351.26 |
| 01-31-2014 | 11522.94 |
| 02-28-2014 | 11872.57 |
| 03-31-2014 | 11978.69 |
| 04-30-2014 | 12246.19 |
| 05-31-2014 | 12170.95 |
| 06-30-2014 | 12628.86 |
| 07-31-2014 | 12651.68 |
| 08-31-2014 | 12894.80 |
| 09-30-2014 | 12384.79 |
| 10-31-2014 | 12215.12 |
| 11-30-2014 | 12424.57 |
| 12-31-2014 | 12284.36 |
| 01-31-2015 | 12462.56 |
| 02-28-2015 | 12826.47 |
| 03-31-2015 | 12513.24 |
| 04-30-2015 | 12700.64 |
| 05-31-2015 | 12503.13 |
| 06-30-2015 | 12196.15 |
| 07-31-2015 | 11932.91 |
| 08-31-2015 | 11674.62 |
| 09-30-2015 | 11409.51 |
| 10-31-2015 | 11693.40 |
| 11-30-2015 | 11654.98 |
| 12-31-2015 | 11154.89 |
| 01-31-2016 | 11104.61 |
| 02-29-2016 | 11328.09 |
| 03-31-2016 | 11916.13 |
| 04-30-2016 | 12260.29 |
| 05-31-2016 | 12336.81 |
| 06-30-2016 | 12286.44 |
| 07-31-2016 | 12727.50 |
| 08-31-2016 | 13021.62 |
| 09-30-2016 | 13012.10 |
| 10-31-2016 | 13109.54 |
| 11-30-2016 | 13504.89 |
| 12-31-2016 | 13738.40 |
| 01-31-2017 | 13717.79 |
| 02-28-2017 | 13738.52 |
| 03-31-2017 | 13941.27 |
| 04-30-2017 | 14014.92 |
| 05-31-2017 | 13697.76 |
| 06-30-2017 | 13563.80 |
| 07-31-2017 | 13467.34 |
| 08-31-2017 | 13404.75 |
| 09-30-2017 | 13932.87 |
| 10-31-2017 | 14194.51 |
| 11-30-2017 | 14272.99 |
| 12-31-2017 | 14357.36 |
| 01-31-2018 | 14184.75 |
| 02-28-2018 | 13834.13 |
| 03-31-2018 | 13764.16 |
| 04-30-2018 | 13998.05 |
| 05-31-2018 | 14261.60 |
| 06-30-2018 | 14534.93 |
| 07-31-2018 | 14659.76 |
| 08-31-2018 | 14555.28 |
| 09-30-2018 | 14441.21 |
| 10-31-2018 | 13525.20 |
| 11-30-2018 | 13457.67 |
| 12-31-2018 | 12801.47 |
| 01-31-2019 | 13614.51 |
| 02-28-2019 | 14012.96 |
| 03-31-2019 | 14044.75 |
| 04-30-2019 | 14412.96 |
| 05-31-2019 | 13953.93 |
| 06-30-2019 | 14172.92 |
| 07-31-2019 | 14157.14 |
| 08-31-2019 | 14034.84 |
| 09-30-2019 | 14401.61 |
| 10-31-2019 | 14448.14 |
| 11-30-2019 | 14904.93 |
| 12-31-2019 | 15057.41 |
| 01-31-2020 | 15002.79 |
| 02-29-2020 | 13923.76 |
| 03-31-2020 | 10986.39 |
| 04-30-2020 | 12152.11 |
| 05-31-2020 | 12409.91 |
| 06-30-2020 | 12633.48 |
| 07-31-2020 | 13291.84 |
| 08-31-2020 | 13686.24 |
| 09-30-2020 | 13514.21 |
| 10-31-2020 | 13176.46 |
| 11-30-2020 | 14515.96 |
| 12-31-2020 | 14818.88 |
| 01-31-2021 | 14727.19 |
| 02-28-2021 | 15186.55 |
| 03-31-2021 | 15927.31 |
| 04-30-2021 | 16268.35 |
| 05-31-2021 | 16737.74 |
| 06-30-2021 | 17012.30 |
| 07-31-2021 | 17090.71 |
| 08-31-2021 | 17358.83 |
| 09-30-2021 | 17141.49 |
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.
*Liquidity Reserve is a cash account that supports day-to-day cash flow and may be overlayed with derivatives to provide market exposure in order to manage the risk profile of the Fund.
Russell Investments has the right to engage or terminate a sub-adviser at any time and without notice.
Top 10 Holdings*
As of 2021-08-31
Updated monthly
| Company | Weight |
|---|---|
| Royal Bank of Canada | 5.44% |
| Bank of Nova Scotia | 4.78% |
| Canadian Imperial Bank of Commerce | 4.12% |
| Canadian Dollar | 3.83% |
| Enbridge, Inc. | 3.10% |
| Shopify Inc. Cl. A | 2.72% |
| Intact Financial Corporation | 2.60% |
| BROOKFIELD INFRASTRUCTURE PA | 2.42% |
| NUTRIEN LTD | 2.19% |
| Toronto-Dominion Bank | 1.98% |
|
*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 05/31/2021
| Name | Allocation % | Style |
|---|---|---|
| Iris Asset Management Ltd. | 29 | Defensive value |
| Galibier Capital Management Ltd | 24 | Growth at a price |
| Picton Mahoney Asset Management | 19 | Growth |
| Russell Investments | 28 | Positioning strategies and Liquidity reserve* |
*Liquidity Reserve is a cash account that supports day-to-day cash flow and may be overlayed with derivatives to provide market exposure in order to manage the risk profile of the Fund.
Russell Investments has the right to engage or terminate a sub-adviser at any time and without notice.
Sector weightings
As of 2021-08-31
Updated monthly
| Sector | Weighting |
|---|---|
| Financials | 27.26% |
| Materials | 15.16% |
| Energy | 13.95% |
| Industrials | 13.31% |
| Information Technology | 6.90% |
| Utilities | 6.49% |
| Consumer Discretionary | 5.02% |
| Communication Services | 4.90% |
| Consumer Staples | 4.19% |
| Unclassified | 1.17% |
| Real Estate | 0.86% |
| Health Care | 0.82% |
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|
| Series | Load | Fund Code | Currency |
|---|---|---|---|
| Series B | Front Load | FRC 073 | CAD |
| Series B | Low Load | FRC 170 | CAD |
| Series F | No Load | FRC 078 | CAD |
| Series O | No Load | FRC 087 | CAD |