Source: Russell Investments, as at 31 December 2023. All information contained in this material is current at the time of issue and, to the best of our knowledge, accurate. Any opinion expressed is that of Russell Investments, is not a statement of fact, is subject to change and does not constitute investment advice.

All returns are annual returns based on 10 differently weighted portfolio allocations. Before launch of the mandates (as at September 2013), static weights were used to calculate performance with simulated performance (appropriate benchmarks) used prior to the launch of each underlying fund. Post launch, the weights are dynamically adjusted. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested. Any past performance is not a guide to future performance.

Issued by Russell Investments Limited, a company incorporated in England and Wales under registered number 02086230 and with its registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone 020 7024 6000. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN. M-01371