RUSSELL INVESTMENTS
Global Fixed Interest Fund|
AS OF 30/09/2023
|
Latest Month | Last 3 months | Year to Date | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Global Fixed Interest Fund (Gross) | -2.16% | -2.10% | -0.06% | 0.63% | -3.96% | 0.64% | 3.23% | 4.03% |
|
Global Fixed Interest Fund (Net)
|
-2.21% | -2.25% | -0.50% | 0.04% | -4.60% | -0.07% | 2.46% | 3.25% |
|
Bloomberg Global Aggregate Index ($NZ Hedged)
|
-1.71% | -1.82% | 0.87% | 1.67% | -3.93% | 0.25% | 2.72% | 3.15% |
Source for index data: Bloomberg. Please see disclaimer for further details. Net of fee performance assume highest possible Total Annual Fund Charge (see PDS). Past performance is no guarantee of future results.
Historical distributions
| EX-DATE | INCOME DIVIDEND | RE-INVEST NAV |
| 31/03/23 | 0.02 | 1.0025 |
| 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 | 1.1410 |
| 29/03/18 | 0.02 | 1.1687 |
| 29/09/17 | 0.02 | 1.1769 |
| 31/03/17 | 0.02 | 1.166 |
Top 10 Issuers
As of 31/08/2023
| Country | Weight | INDEX |
|---|---|---|
| Japan | 12.31% | 10.68% |
| United States of America | 11.00% | 16.70% |
| Bundesrepublik Deutschland | 3.93% | 2.32% |
| Estados Unidos Mexicanos | 2.27% | 0.48% |
| U.K. of Great Britain and Northern Ireland | 2.16% | 2.85% |
| European Union | 2.11% | 0.60% |
| Government National Mortgage Association 2 | 1.95% | 2.40% |
| Romania | 1.72% | 0.17% |
| Canada | 1.24% | 0.93% |
| Federal National Mortgage Association | 1.10% | 8.40% |
Regional weights
As of 31/08/2023
| DESCRIPTION | Weight | INDEX |
|---|---|---|
| Asia/Pacific ex Japan | 0.70% | 3.03% |
| Canada | 2.07% | 2.71% |
| EMEA ex UK | 20.60% | 24.03% |
| Emerging | 4.93% | 11.94% |
| Frontier | 2.20% | 0.47% |
| Japan | 12.31% | 11.22% |
| Other | 4.77% | 2.34% |
| UK | 3.28% | 2.89% |
| Unknown | 10.14% | 0.00% |
| US | 39.00% | 41.37% |
Sector weights
As of 31/08/2023
| Sector | Weight | INDEX |
|---|---|---|
| Cash | 10.14% | 0.00% |
| Derivatives & Other | -0.04% | 0.00% |
| Corporate | 27.97% | 22.31% |
| Government | 47.56% | 65.85% |
| Securitized Products | 14.37% | 11.84% |
Strategic manager allocations
As at 31/01/2023
| Description | Allocation | Manager Style |
|---|---|---|
| BlueBay | Country selection | 29.00% |
| Russell Investments | Integrated Global Governments | 14.00% |
| Russell Investments | Intelligent Credit (Systematic) | 20.00% |
| Russell Investments | Liquidity | 3.00% |
| Schroders | Securitised specialist | 13.00% |
| Western Asset Management | Security selection | 21.00% |
Portfolio Manager
Gerard Fitzpatrick
Fund Inception Date
21/12/2011
Benchmark
Bloomberg Barclays Global Aggregate Bond Index - NZDH (TR)
Dealing Frequency
Daily
Buy spread
0.15%
As of 15 June 2023
Sell spread
0.15%
As of 15 June 2023
Ex-date
31/3/2023
Dividend distribution
0.02
FEES – MANAGER EXCL. GST
0.47%
FEES – IN-FUND COSTS*
0.12%
FEES – ESTIMATED TOTAL ANNUAL FUND CHARGES**
0.59%
3-YEAR BETA
1.01
5-YEAR BETA
1.07
3-YEAR VOLATILITY
5.10%
5-YEAR VOLATILITY
5.16%
3-YEAR TRACKING ERROR
1.08%
5-YEAR TRACKING ERROR
1.66%
EFFECTIVE DURATION
10.22
YIELD TO MATURITY
7.25%
Average Credit Rating
AA
AVERAGE LIFE
10.22
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 fee. Any 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.
Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Bloomberg does not approve or endorse this material or guarantee the accuracy or completeness of any information herein, nor does Bloomberg make any warranty, express or implied, as to the results to be obtained therefrom, and, to the maximum extent allowed by law, Bloomberg shall not have any liability or responsibility for injury or damages arising in connection therewith.
Performance figures assume reinvestment of income. The benchmark return shown does not include any fees and is not intended to be an indicator of the return to an investor. Performance data is provided for informational purposes only and is not intended to imply a recommendation about a product or form the basis for making an investment decision.