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  5. Russell Balanced Opportunities Portfolio (Taxed) - Managed fund profile

Russell Balanced Opportunities Portfolio (Taxed) - Managed Fund (Closed)

Fund Objective
To earn a return after expected costs and tax, exceeding CPI by 4.0% per annum, measured over rolling 5 year periods.
Fund Strategy
The portfolio is typically exposed to a diversified portfolio mix of around 70% growth investments and around 30% defensive investments. The Portfolio may be exposed to derivatives.

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 2.18% 3.9% 3.96% 12.02% 6.98% 6.41% 7.24% -%
Growth return 2.18% 3.9% 3.96% 12.02% 6.98% 6.41% 7.24% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 31 Oct 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Balanced Opportunities Portfolio (Taxed)
Australian Equities
29.15%
International Equities
28.22%
Cash
5.59%
Property & Infrastructure
3.68%
Fixed Interest
20.59%
Alternatives
12.77%
Average Allocation of Peers
Australian Equities
27.24%
International Equities
35.24%
Cash
6.12%
Property & Infrastructure
6.41%
Fixed Interest
20.99%
Alternatives
4.01%

General Information

Fund Details
Type Description
Russell Balanced Opportunities Portfolio (Taxed) (Wholesale)
Closed
Russell Investment Management Limited
TRM0047AU
Multisector Growth
star (as at 30 Nov 2017)
Allocated Pension
1 Jul 2008
n/a
$1.5757 (as at 30 Nov 2017)
$1.5757 (as at 30 Nov 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.16% (as at 30 Apr 2014) (Estimated)
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

FAQs about the Russell Balanced Opportunities Portfolio (Taxed)

The objective of the Russell Balanced Opportunities Portfolio (Taxed) managed fund is To earn a return after expected costs and tax, exceeding CPI by 4.0% per annum, measured over rolling 5 year periods.

The strategy of the Russell Balanced Opportunities Portfolio (Taxed) managed fund is The portfolio is typically exposed to a diversified portfolio mix of around 70% growth investments and around 30% defensive investments. The Portfolio may be exposed to derivatives.

The APIR code of the Russell Balanced Opportunities Portfolio (Taxed) managed fund is TRM0047AU.

Russell Balanced Opportunities Portfolio (Taxed)’s total return last month was 2.18%. This was made up of a growth return of 2.18% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Russell Balanced Opportunities Portfolio (Taxed)’s total return for the last three months was 3.9%. This was made up of a growth return of 3.9% and an income return of 0%%. These returns were calculated as at 31 Oct 2017.

Russell Balanced Opportunities Portfolio (Taxed)’s one-year total return is 12.02%. This was made up of a growth return of 12.02% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

Russell Balanced Opportunities Portfolio (Taxed)’s one-year total return is 6.41%. This was made up of a growth return of 6.41% and an income return of 0%. These returns were calculated as at 31 Oct 2017.

The asset allocation of the Russell Balanced Opportunities Portfolio (Taxed) managed fund is :

Australian Equities
29.15%
International Equities
28.22%
Cash
5.59%
Property & Infrastructure
3.68%
Fixed Interest
20.59%
Alternatives
12.77%

The Responsible Entity for the Russell Balanced Opportunities Portfolio (Taxed) managed fund is Russell Investment Management Limited.

The Russell Balanced Opportunities Portfolio (Taxed) managed fund belongs to the Multisector Growth sector/asset class.

As at , the size of the Russell Balanced Opportunities Portfolio (Taxed) managed fund was $ million.

The Russell Balanced Opportunities Portfolio (Taxed) managed fund has an inception date of 1 Jul 2008.

The current entry price of the Russell Balanced Opportunities Portfolio (Taxed) managed fund is $1.5757 per unit and the current exit price is $1.5757 per unit (as at 30 Nov 2017).

The current exit price of the Russell Balanced Opportunities Portfolio (Taxed) managed fund is $1.5757 per unit and the current entry price is $1.5757 per unit (as at 30 Nov 2017).

The minimum initial investment amount for the Russell Balanced Opportunities Portfolio (Taxed) 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.