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  5. Russell Australian Opportunities Portfolio Pension - Managed fund profile

Russell Australian Opportunities Portfolio Pension - Managed Fund (Closed)

Fund Objective
The Fund aims to significantly outperform its benchmark (before costs and tax) over the long term by providing exposure to a diversified portfolio of predominantly Australian shares.
Fund Strategy
The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange (ASX). The Fund may also engage in short selling of securities. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 5.43% -2.49% 0.52% 1.12% 2.4% 5.9% 7.85% 7.51%
Growth return -% -2.49% 0.52% 1.12% 2.4% 5.9% 7.85% 7.51%
Income return -% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Australian Opportunities Portfolio Pension
Australian Equities
90.55%
Cash
4.03%
Property
5.42%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.51%
Cash
0.83%
Property
3.24%
International Equities
4.01%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Russell Australian Opportunities Portfolio Pension (Wholesale)
Closed
TRM0019AU
Equity Australia Large Growth
starstarstar (as at 30 Nov 2023)
Allocated Pension
1 Jul 2007
n/a
$2.4869 (as at 13 Dec 2023)
$2.4745 (as at 13 Dec 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.47% (as at 30 Apr 2014) (Estimated)
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount $5,000.00

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
CSL Ltd Equity 6.60%
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FAQs about the Russell Australian Opportunities Portfolio Pension

The objective of the Russell Australian Opportunities Portfolio Pension managed fund is The Fund aims to significantly outperform its benchmark (before costs and tax) over the long term by providing exposure to a diversified portfolio of predominantly Australian shares.

The strategy of the Russell Australian Opportunities Portfolio Pension managed fund is The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange (ASX). The Fund may also engage in short selling of securities. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.

The APIR code of the Russell Australian Opportunities Portfolio Pension managed fund is TRM0019AU.

Russell Australian Opportunities Portfolio Pension’s total return last month was 5.43%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2023.

Russell Australian Opportunities Portfolio Pension’s total return for the last three months was -2.49%. This was made up of a growth return of -2.49% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

Russell Australian Opportunities Portfolio Pension’s one-year total return is 1.12%. This was made up of a growth return of 1.12% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

Russell Australian Opportunities Portfolio Pension’s one-year total return is 5.9%. This was made up of a growth return of 5.9% and an income return of 0%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the Russell Australian Opportunities Portfolio Pension managed fund is :

Australian Equities
90.55%
Cash
4.03%
Property
5.42%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Russell Australian Opportunities Portfolio Pension managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 30 Apr 2014, the size of the Russell Australian Opportunities Portfolio Pension managed fund was $ million.

The Russell Australian Opportunities Portfolio Pension managed fund has an inception date of 1 Jul 2007.

The current entry price of the Russell Australian Opportunities Portfolio Pension managed fund is $2.4869 per unit and the current exit price is $2.4745 per unit (as at 13 Dec 2023).

The current exit price of the Russell Australian Opportunities Portfolio Pension managed fund is $2.4745 per unit and the current entry price is $2.4869 per unit (as at 13 Dec 2023).

The minimum initial investment amount for the Russell Australian Opportunities Portfolio Pension managed fund is $50,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.