RUSSELL INVESTMENTS

Global Shares Fund

Total Net Assets

$233.4M

as of 31/1/2024

Fund Inception Date

14/11/2012

Performance
AS OF 31/01/2024
Latest Month Last 3 months Year to Date 1 Yr 3 Yrs 5 Yrs 10 Yrs Since Inception

Source for index data: MSCI. Please see disclaimer for further details and full benchmark history. 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
29/09/23 0.015 2.7882
31/03/23 0.015 2.6584
30/09/22 0.015 2.5258
31/03/22 0.000 2.6113
30/09/21 0.015 2.6259
31/03/21 0.015 2.4908
30/09/20 0.015 2.1219
31/03/20 0.015 1.8900
30/09/19 0.015 2.1546
29/03/19 0.015 1.9429
28/09/18 0.015 2.0760
29/03/18 0.015 1.8899
29/09/17 0.015 1.8183
31/03/17 0.015 1.7177
Portfolio

Top 10 holdings

As of 31/1/2024

Company Weight Index
MICROSOFT CORP 4.55% 4.15%
APPLE INC 2.31% 4.26%
META PLATFORMS INC-CLASS A 2.01% 1.28%
ALPHABET INC-CL C 1.79% 1.09%
TAIWAN SEMICONDUCTOR-SP ADR 1.78% 0.00%
ALPHABET INC-CL A 1.51% 1.23%
NVIDIA CORP 1.39% 2.25%
AMAZON.COM INC 1.32% 2.13%
SAMSUNG ELECTRONICS CO LTD 1.32% 0.38%
UNITEDHEALTH GROUP INC 1.18% 0.70%

Regional weights

As of 31/1/2024

Country Weight INDEX 
Asia ex Japan 0.78% 0.79%
Australia/New Zealand 1.74% 1.86%
Canada 2.93% 2.89%
Emerging Markets 12.09% 10.05%
Europe ex UK 13.80% 12.78%
Japan 5.84% 5.62%
UK 3.09% 3.39%
United States 58.80% 62.60%
Other 0.93% 0.02%

Sector weights

As of 31/1/2024

Sector Weight INDEX 
Energy 3.51% 4.50%
Materials 4.79% 4.24%
Industrials 9.88% 10.54%
Consumer Discretionary 11.70% 10.74%
Consumer Staples 6.40% 6.72%
Health Care 12.98% 11.43%
Financials 15.04% 15.99%
Information Technology 22.48% 23.52%
Communication Services 9.56% 7.51%
Utilities 1.19% 2.53%
Real Estate 1.54% 2.27%
Other 0.93% 0.01%

Strategic manager allocations

As at 31/05/2023

Description Allocation Manager Style
J O Hambro Capital Management UK equity dynamic 10.00%
Man Numeric Investors Core global equities, global low volatility 10.00%
Nissay Asset Management Japanese equities 10.00%
Oaktree Capital Emerging markets 11.00%
PineStone Asset Management Core global equities 11.00%
Redwheel Global emerging markets 7.00%
Russell Investments Liquidity Reserve 3.00%
Russell Investments Positioning strategies 14.00%
Sanders Capital Core global value 16.00%
Wellington Management Company Global growth equity 8.00%
Key Facts

Portfolio Manager

Jordan McCall

Fund Inception Date

14/11/2012

Benchmark

MSCI ACWI Index (NR) 

Dealing Frequency

Daily

Buy spread

0.18%

As of 31 Mar 2022

SELL SPREAD

0.13%

As of 31 Mar 2022

EX-DATE

31/3/2023

Dividend distribution

0.015

FEES – MANAGER EXCL. GST

0.80%

FEES – IN-FUND COSTS*

0.09%

FEES – ESTIMATED TOTAL ANNUAL FUND CHARGES**

0.89%

Statistics
As of 31/1/2024

3-YEAR BETA

0.96

5-YEAR BETA

0.99

3-YEAR VOLATILITY

10.23%

5-YEAR VOLATILITY

11.51%

3-YEAR TRACKING ERROR

2.19%

5-YEAR TRACKING ERROR

2.11%

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 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 for MSCI data: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used to create any financial instruments or products or any indices. The MSCI information is provided on an "as is" basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the MSCI Parties.) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages.

Benchmark changes: MSCI World NR until 31 Dec 2010, Russell Global Large Cap (NR) until 30 Sep 2018 and MSCI ACWI (NR) thereafter.

The fund performance shown on this website, effective from 1 December 2021, is not calculated using the unit prices for transacting into and out of the fund. The performance from this period has been calculated using adjusted unit prices. The unit prices calculated by the custodian use security prices available at NZ market close, while the benchmark is calculated using the security prices at the close of the different global markets. This pricing methodology difference causes an embedded lagging effect; hence a month-end adjustment is made to so that the fund performance reporting is aligned with the benchmark methodology and we can more accurately report the fund performance against the benchmark. This methodology is effective from 1 December 2021 thereafter. Fund performance for periods up to 30 November 2021 has been calculated using the unit prices for transacting into and out of the fund.

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.