Russell Investments Focused Global Equity Pool
Investment Strategy
This fund invests primarily in shares of global 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 global issuers listed on recognized stock exchanges.
Key reasons to own this fund
- Some of the best global ideas: A focused portfolio of approximately 150 to 200 companies that represent compelling opportunities around the world out of an opportunity set of nearly 10,000 companies.
- A defensive focus: A tilt towards defensive stocks and the flexibility to hold cash, this discretion allows the pool to be nimble when market conditions dictate and offers investors potential for improved downside protection in falling markets.
- Diversification: Pool structure is widely diversified with three sub-advisers, each bringing complementary investment strategies and relevant expertise.
- Enhanced Portfolio Implementation: Potential for reduced portfolio turnover by using Russell Implementation Services (RIS) to aggregate trades based on the sub-advisers' recommendations. This strategy aims to reduce excess trading and is designed to provide lower administration costs.
- Russell Investments “best of breed” sub-advisers: Sub-advised by global stock specialists that seek high quality companies.
Characteristics
As of 05/31/2021
Updated monthly
| Fund Characteristics | |
|---|---|
| Total Assets (All Series) | $386.05 million |
| Net Asset Value (Series F) | $16.04 |
For Prices and Performance, please click here.
Growth of $10,000 (Since Inception) Series F¹
As of 05/31/2021
| 12-03-2013 | 10000.00 |
| 12-31-2013 | 10296.79 |
| 01-31-2014 | 10307.36 |
| 02-28-2014 | 10748.14 |
| 03-31-2014 | 10811.15 |
| 04-30-2014 | 10810.76 |
| 05-31-2014 | 10940.33 |
| 06-30-2014 | 10886.12 |
| 07-31-2014 | 10821.92 |
| 08-31-2014 | 10983.19 |
| 09-30-2014 | 10966.53 |
| 10-31-2014 | 11176.16 |
| 11-30-2014 | 11642.66 |
| 12-31-2014 | 11611.81 |
| 01-31-2015 | 12421.43 |
| 02-28-2015 | 12939.79 |
| 03-31-2015 | 12921.46 |
| 04-30-2015 | 12664.74 |
| 05-31-2015 | 13013.37 |
| 06-30-2015 | 12768.14 |
| 07-31-2015 | 13420.10 |
| 08-31-2015 | 12839.32 |
| 09-30-2015 | 12481.94 |
| 10-31-2015 | 13138.29 |
| 11-30-2015 | 13227.29 |
| 12-31-2015 | 13504.38 |
| 01-31-2016 | 12891.08 |
| 02-29-2016 | 12423.05 |
| 03-31-2016 | 12668.32 |
| 04-30-2016 | 12415.29 |
| 05-31-2016 | 12950.48 |
| 06-30-2016 | 12692.77 |
| 07-31-2016 | 13310.62 |
| 08-31-2016 | 13450.41 |
| 09-30-2016 | 13446.00 |
| 10-31-2016 | 13545.38 |
| 11-30-2016 | 13734.38 |
| 12-31-2016 | 13949.14 |
| 01-31-2017 | 13933.07 |
| 02-28-2017 | 14572.80 |
| 03-31-2017 | 14791.84 |
| 04-30-2017 | 15448.87 |
| 05-31-2017 | 15577.05 |
| 06-30-2017 | 15107.58 |
| 07-31-2017 | 14973.72 |
| 08-31-2017 | 15061.01 |
| 09-30-2017 | 15344.52 |
| 10-31-2017 | 16202.99 |
| 11-30-2017 | 16522.95 |
| 12-31-2017 | 16184.71 |
| 01-31-2018 | 16641.76 |
| 02-28-2018 | 16625.01 |
| 03-31-2018 | 16378.54 |
| 04-30-2018 | 16409.28 |
| 05-31-2018 | 16503.16 |
| 06-30-2018 | 16702.02 |
| 07-31-2018 | 17019.90 |
| 08-31-2018 | 17237.28 |
| 09-30-2018 | 17100.39 |
| 10-31-2018 | 16423.99 |
| 11-30-2018 | 16846.95 |
| 12-31-2018 | 16125.76 |
| 01-31-2019 | 16468.63 |
| 02-28-2019 | 16820.58 |
| 03-31-2019 | 17235.01 |
| 04-30-2019 | 17744.77 |
| 05-31-2019 | 17052.36 |
| 06-30-2019 | 17333.93 |
| 07-31-2019 | 17442.02 |
| 08-31-2019 | 17270.61 |
| 09-30-2019 | 17659.85 |
| 10-31-2019 | 18068.84 |
| 11-30-2019 | 18667.54 |
| 12-31-2019 | 18758.58 |
| 01-31-2020 | 18788.82 |
| 02-29-2020 | 17508.25 |
| 03-31-2020 | 15933.48 |
| 04-30-2020 | 17295.00 |
| 05-31-2020 | 17752.35 |
| 06-30-2020 | 17603.17 |
| 07-31-2020 | 18259.98 |
| 08-31-2020 | 18732.29 |
| 09-30-2020 | 18678.80 |
| 10-31-2020 | 18355.62 |
| 11-30-2020 | 20034.22 |
| 12-31-2020 | 20551.37 |
| 01-31-2021 | 20383.58 |
| 02-28-2021 | 20944.67 |
| 03-31-2021 | 21719.43 |
| 04-30-2021 | 22187.88 |
| 05-31-2021 | 22143.07 |
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 04/30/2021
Updated monthly
| Company | Weight |
|---|---|
| Canadian Dollar | 5.94% |
| Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) | 3.84% |
| Alphabet, Inc. | 3.17% |
| Facebook, Inc. | 2.85% |
| Apple Inc. | 2.70% |
| Samsung Electronics Co., Ltd. | 2.27% |
| Microsoft Corp. | 2.19% |
| Nestle SA | 1.90% |
| UnitedHealth Group Inc. | 1.66% |
| Micron Technology, Inc. | 1.50% |
|
*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. |
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Portfolio
As of April 2021
| Name | Allocation % | Style |
|---|---|---|
| Intermede Investment Partners Limited and Intermede Global Partners Inc | 34 | Growth |
| Sanders Capital, LLC | 34 | Value |
| Russell Investments | 32 | 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 04/30/2021
Updated monthly
| Sector | Weighting |
|---|---|
| Information Technology | 20.78% |
| Financials | 18.87% |
| Health Care | 15.08% |
| Consumer Discretionary | 10.24% |
| Communication Services | 9.04% |
| Consumer Staples | 7.43% |
| Industrials | 5.59% |
| Unclassified | 4.49% |
| Materials | 3.78% |
| Utilities | 2.30% |
| Energy | 1.72% |
| Real Estate | 0.68% |
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| Series | Load | Fund Code | Currency |
|---|---|---|---|
| Series B | Front Load | FRC 350 | CAD |
| Series B | Low Load | FRC 351 | CAD |
| Series F | No Load | FRC 354 | CAD |
| Series O | No Load | FRC 950 | CAD |