RUSSELL INVESTMENTS

Global Fixed Interest Fund

Total Net Assets

$485.8M

as of 31/12/2022

Fund Inception Date

21/12/2011

Performance
AS OF 31/12/2022
Latest Month Last 3 months Year to Date 1 Yr 3 Yrs 5 Yrs 10 Yrs Since Inception

Historical distributions

EX-DATE INCOME DIVIDEND  RE-INVEST NAV
30/09/22 0.02 0.9908
31/03/22 0.02 1.1007
30/09/21 0.02 1.1864
31/03/21 0.02 1.1911
30/09/20 0.02 1.2249
31/03/20 0.02 1.1737
30/09/19 0.02 1.2032
29/03/19 0.02 1.1629
28/09/18 0.02 1.141
29/03/18 0.02 1.1687
29/09/17 0.02 1.1769
31/03/17 0.02 1.166
Portfolio

Top 10 Issuers

As of 30/11/2022

Country Weight INDEX 
Japan 12.40% 10.90%
United States of America 10.67% 17.31%
Bundesrepublik Deutschland 3.98% 2.19%
Estados Unidos Mexicanos 2.59% 0.42%
U.K. of Great Britain and Northern Ireland 1.80% 2.87%
Repubblica Italiana 1.64% 2.57%
Canada 1.18% 0.97%
Romania 1.16% 0.13%
RADIAN GUARANTY INC AND EAGLE RE LTD 1.11% 0.00%
BELLEMEADE RE LTD. 1.08% 0.00%

Regional weights

As of 30/11/2022

DESCRIPTION Weight INDEX
North America 35.11% 45.02%
Caribbean, South and Central America 3.77% 1.07%
Asia Pacific 18.97% 26.08%
Euro Zone 17.92% 19.90%
Non-Euro Zone 12.12% 7.19%
Middle East & Africa 1.91% 0.74%
Other 10.20% 0.00%

Sector weights

As of 30/11/2022

Sector Weight INDEX 
Government Related 1.76% 8.11%
Corporates 26.72% 17.58%
Cash 10.68% 0.00%
Other Product Type 8.20% 0.00%
Securitized 12.36% 14.77%
Treasuries 35.17% 45.19%
Hard Currency 2.25% 3.00%
Local Currency 2.86% 11.35%

Strategic manager allocations

As at 30/04/2021

Description Allocation Manager Style
BlueBay (Governments) 29% Country selection
Russell (Integrated Governments)  14% Integrated Global Governments
Russell (Credit)  21% Intelligent Credit
Russell (Intelligent Credit)  20%
Liquidity 
Schroders 13% Securitised specialist
Russell (Liquidity) 3% Security selection
Key Facts

Portfolio Manager

Gerard Fitzpatrick

Fund Inception Date

21/12/2011

Benchmark

Bloomberg Barclays Global Aggregate Bond Index - NZDH (TR)

Dealing Frequency

Daily

Buy spread

0.25%

As of 18 May 2022

Sell spread

0.25%

As of 18 May 2022

Ex-date

30/9/2022

Dividend distribution

0.02

FEEs - Manager
 

0.47%

ESTIMATED FEE OTHER INCL. GST

0.12%

FEES - TOTAL ANNUAL FUND CHARGES

0.59%

Statistics
30/11/2022

3-YEAR BETA

1.12

5-YEAR BETA

1.07

3-YEAR VOLATILITY

5.76%

5-YEAR VOLATILITY

4.80%

3-YEAR TRACKING ERROR

2.06%

5-YEAR TRACKING ERROR

1.64%

EFFECTIVE DURATION

6.66

YIELD TO MATURITY

5.37%

Average Credit Rating

A

AVERAGE LIFE

9.30

Literature

Implemented Investment Solutions Limited is the issuer of the funds on this page and Russell Investment Group Limited (RIGL) is the investment manager. Other useful information about these funds is available on the relevant fund’s offer register entry at www.companiesoffice.govt.nz/disclose.

The information on this page has been prepared for the purpose of providing general information, without taking into account your objectives, financial situation or needs and should not be relied upon in making an investment decision. 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. Net Returns above assume highest management feeAny potential investor should consider the relevant Product Disclosure Statement in deciding whether to acquire, or continue to hold units in a fund.

RIGL is part of Russell Investments. Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.