InvestSMART

Russell Australian Shares Portfolio P - Managed Fund (Closed)

Fund Objective
To provide a total return, before costs and tax, higher than the Fund's benchmark 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. 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 2.7% 4.26% 2.65% 17.77% 11.4% 8.03% 10.81% 3.54%
Growth return 2.7% 4.26% 2.65% 17.77% 11.4% 8.03% 10.81% 3.54%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 31 Oct 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Australian Shares Portfolio P
Australian Equities
93.36%
International Equities
3.37%
Cash
3.27%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
International Equities
5.11%
Cash
-0.72%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Russell Australian Shares Portfolio P (Wholesale)
Closed
Russell Investment Management Limited
TRM0023AU
Equity Australia Large Blend
starstarstar (as at 31 Oct 2017)
Allocated Pension
1 Jul 2007
n/a
$1.5503 (as at 24 Nov 2017)
$1.5441 (as at 24 Nov 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.19% (as at 30 Apr 2014) (Estimated)
Minimum initial investment $50,000

Top 10 holdings (as at 31 Aug 2025)

Holding (as at 31 Aug 2025) Type % of Portfolio
Russel Aust Shares Tracker Fds Multiclass Basis 2 Mutual Fund - Unspecified 99.81%
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FAQs about the Russell Australian Shares Portfolio P

The objective of the Russell Australian Shares Portfolio P managed fund is To provide a total return, before costs and tax, higher than the Fund's benchmark over the long term by providing exposure to a diversified portfolio of predominantly Australian shares.

The strategy of the Russell Australian Shares Portfolio P managed fund is The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities 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 Shares Portfolio P managed fund is TRM0023AU.

Russell Australian Shares Portfolio P’s total return last month was 2.7%. This was made up of a growth return of 2.7% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Russell Australian Shares Portfolio P’s total return for the last three months was 4.26%. This was made up of a growth return of 4.26% and an income return of 0%%. These returns were calculated as at 31 Oct 2017.

Russell Australian Shares Portfolio P’s one-year total return is 17.77%. This was made up of a growth return of 17.77% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Russell Australian Shares Portfolio P’s one-year total return is 8.03%. This was made up of a growth return of 8.03% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

The asset allocation of the Russell Australian Shares Portfolio P managed fund is :

Australian Equities
93.36%
International Equities
3.37%
Cash
3.27%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Russell Australian Shares Portfolio P managed fund is Russell Investment Management Limited.

The Russell Australian Shares Portfolio P managed fund belongs to the Equity Australia Large Blend sector/asset class.

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

The Russell Australian Shares Portfolio P managed fund has an inception date of 1 Jul 2007.

The current entry price of the Russell Australian Shares Portfolio P managed fund is $1.5503 per unit and the current exit price is $1.5441 per unit (as at 24 Nov 2017).

The current exit price of the Russell Australian Shares Portfolio P managed fund is $1.5441 per unit and the current entry price is $1.5503 per unit (as at 24 Nov 2017).

The minimum initial investment amount for the Russell Australian Shares Portfolio P managed fund is $50,000.

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.