RUSSELL INVESTMENTS

Global Fixed Interest Fund

Total Net Assets

$472.7M

as of 31/08/2022

Fund Inception Date

21/12/2011

Performance
AS OF 31/08/2022
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
Portfolio

Top 10 Issuers

As of 31/07/2022

Country Weight INDEX 
United States of America 10.54% 16.61%
Japan 9.33% 11.19%
Bundesrepublik Deutschland 3.04% 2.20%
Repubblica Italiana 1.89% 2.68%
Federal National Mortgage Association 1.71% 8.76%
Canada 1.53% 0.98%
U.K. of Great Britain & Northern Ireland 1.35% 3.14%
Romania 1.19% 0.13%
Republique Francaise 1.02% 2.96%
Radian Guaranty INC and Eagle RE LTD 0.98% 0.00%

Regional weights

As of 31/07/2022

DESCRIPTION Weight INDEX
North America 38.92% 43.82%
Caribbean, South and Central America 3.20% 1.01%
Asia Pacific 11.90% 26.28%
Euro Zone 18.61% 20.65%
Non-Euro Zone 12.01% 7.49%
Middle East & Africa 3.05% 0.75%
Other 12.31% 0.00%

Sector weights

As of 31/07/2022

Sector Weight INDEX 
Bank Loan 0.08% 0.00%
Corporates 14.23% 17.40%
Government Related 2.25% 8.24%
Other Product Type 20.30% 0.00%
Cash 13.17% 0.00%
Securitized 12.61% 14.55%
Treasuries 31.28% 45.65%
Hard Currency 3.87% 2.99%
Local Currency 2.21% 11.17%

Strategic manager allocations

As at 30/04/2021

Description Allocation Manager Style
BlueBay 26% Country selection
Russell Investments 14% Integrated Global Governments
Russell Investments 14% Intelligent Credit
Russell Investments 5%
Liquidity 
Schroders 13% Securitised specialist
Western Asset Management 28% 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

31/03/2022

Dividend distribution

0.02

FEEs - Manager
 

0.47%

ESTIMATED FEE OTHER INCL. GST

0.12%

FEES - TOTAL ANNUAL FUND CHARGES

0.59%

Statistics
31/07/2022

3-YEAR BETA

1.14

5-YEAR BETA

1.09

3-YEAR VOLATILITY

5.11%

5-YEAR VOLATILITY

4.20%

3-YEAR TRACKING ERROR

2.01%

5-YEAR TRACKING ERROR

1.61%

EFFECTIVE DURATION

7.05

YIELD TO MATURITY

4.34%

Average Credit Rating

AA

AVERAGE LIFE

9.80

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.