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  5. Russell Australian Select Holdings A - Managed fund profile

Russell Australian Select Holdings A - Managed Fund (Closed)

Fund Objective
To significantly outperform the fund's benchmark, before costs and tax, over the long term by providing exposure to a concentrated portfolio of predominantly Australian shares.
Fund Strategy
The fund invests predominantly in shares and unit trusts listed on the Australian Stock Exchange. 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 1.51% 7.29% 1.63% 6.68% -0.13% 1.26% -2.59% -%
Growth return 1.51% 6.24% -0.56% 2.8% -5.37% -2.98% -7.93% -%
Income return 0% 1.05% 2.19% 3.88% 5.24% 4.24% 5.34% -%
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 31 Oct 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Australian Select Holdings A
Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.54%
International Equities
4.01%
Cash
0.84%
Property
3.21%
Fixed Interest
0.35%
Alternatives
0.05%

General Information

Fund Details
Type Description
Russell Australian Select Holdings A (Wholesale)
Closed
Russell Investment Management Limited
RIM0035AU
Equity Australia Large Blend
starstarstarstar (as at 31 Oct 2012)
Investment Fund
7 Nov 2006
$45.8 million (as at 31 Oct 2012)
$0.7776 (as at 5 Nov 2012)
$0.7714 (as at 5 Nov 2012)
Finalised
Offer information
Type Description
Standard entry fee 4.40%
Indirect Cost Ratio (ICR) 0.89% (as at 31 Mar 2010)
Minimum initial investment $10,000.00
Minimum additional investments

FAQs about the Russell Australian Select Holdings A

The objective of the Russell Australian Select Holdings A managed fund is To significantly outperform the fund's benchmark, before costs and tax, over the long term by providing exposure to a concentrated portfolio of predominantly Australian shares.

The strategy of the Russell Australian Select Holdings A managed fund is The fund invests predominantly in shares and unit trusts listed on the Australian Stock Exchange. 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 Select Holdings A managed fund is RIM0035AU.

Russell Australian Select Holdings A’s total return last month was 1.51%. This was made up of a growth return of 1.51% and an income return of 0%. These returns were calculated as at 31 Oct 2012.

Russell Australian Select Holdings A’s total return for the last three months was 7.29%. This was made up of a growth return of 6.24% and an income return of 1.05%%. These returns were calculated as at 31 Oct 2012.

Russell Australian Select Holdings A’s one-year total return is 6.68%. This was made up of a growth return of 2.8% and an income return of 3.88%. These returns were calculated as at 31 Oct 2012.

Russell Australian Select Holdings A’s one-year total return is 1.26%. This was made up of a growth return of -2.98% and an income return of 4.24%. These returns were calculated as at 31 Oct 2012.

The asset allocation of the Russell Australian Select Holdings A managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Russell Australian Select Holdings A managed fund is Russell Investment Management Limited.

The Russell Australian Select Holdings A managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2012, the size of the Russell Australian Select Holdings A managed fund was $45.8 million.

The Russell Australian Select Holdings A managed fund has an inception date of 7 Nov 2006.

The current entry price of the Russell Australian Select Holdings A managed fund is $0.7776 per unit and the current exit price is $0.7714 per unit (as at 5 Nov 2012).

The current exit price of the Russell Australian Select Holdings A managed fund is $0.7714 per unit and the current entry price is $0.7776 per unit (as at 5 Nov 2012).

The minimum initial investment amount for the Russell Australian Select Holdings A managed fund is $10,000. 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.