InvestSMART

Russell Defensive P - Managed Fund

Fund Objective
The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.
Fund Strategy
The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.
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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 -1.26% -0.87% 3.92% 2.88% 5.1% 7.65% 4.31% 4.69%
Growth return -1.17% -0.62% 4.45% 3.66% 5.5% 7.92% 4.47% 4.77%
Income return -0.09% -0.25% -0.53% -0.78% -0.4% -0.27% -0.16% -0.08%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return -0.79% -0.87% 3.56% 2.54% 4.6% 6.97% 3.08% 4.17%
As at 30 Sep 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Defensive P
Australian Equities
12.32%
International Equities
16.92%
Cash
5.98%
Property & Infrastructure
3.83%
Fixed Interest
60.91%
Alternatives
0.04%
Average Allocation of Peers
Australian Equities
11.52%
International Equities
14.84%
Cash
12.25%
Property & Infrastructure
3.48%
Fixed Interest
52.51%
Alternatives
5.41%

General Information

Fund Details
Type Description
Russell Defensive P
Russell Investment Management Limited
TRM0027AU
Multisector Moderate
starstarstarstar (as at 30 Sep 2026)
Allocated Pension
1 Jul 2007
$266.8 million (as at 30 Jun 2026)
$2.496 (as at 29 Oct 2026)
$2.496 (as at 29 Oct 2026)
Open
Offer information
Type Description
MER 1.01% (as at 20 May 2025)
Indirect Cost Ratio (ICR) 1.01% (as at 30 Apr 2014)
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2026)

Holding (as at 30 Jun 2026) Type % of Portfolio
Riml Australian Bond Fund 23.22%
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FAQs about the Russell Defensive P

The objective of the Russell Defensive P managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.

The strategy of the Russell Defensive P managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 30% and defensive investments of around 70%. Derivatives may be used to implement investment strategies.

The APIR code of the Russell Defensive P managed fund is TRM0027AU.

Russell Defensive P’s total return last month was -1.26%. This was made up of a growth return of -1.17% and an income return of -0.09%. These returns were calculated as at 30 Sep 2026.

Russell Defensive P’s total return for the last three months was -0.87%. This was made up of a growth return of -0.62% and an income return of -0.25%%. These returns were calculated as at 30 Sep 2026.

Russell Defensive P’s one-year total return is 2.88%. This was made up of a growth return of 3.66% and an income return of -0.78%. These returns were calculated as at 30 Sep 2026.

Russell Defensive P’s one-year total return is 7.65%. This was made up of a growth return of 7.92% and an income return of -0.27%. These returns were calculated as at 30 Sep 2026.

The asset allocation of the Russell Defensive P managed fund is :

Australian Equities
12.32%
International Equities
16.92%
Cash
5.98%
Property & Infrastructure
3.83%
Fixed Interest
60.91%
Alternatives
0.04%

The Responsible Entity for the Russell Defensive P managed fund is Russell Investment Management Limited.

The Russell Defensive P managed fund belongs to the Multisector Moderate sector/asset class.

As at 30 Jun 2026, the size of the Russell Defensive P managed fund was $266.8 million.

The Russell Defensive P managed fund has an inception date of 1 Jul 2007.

The current entry price of the Russell Defensive P managed fund is $2.496 per unit and the current exit price is $2.496 per unit (as at 29 Oct 2026).

The current exit price of the Russell Defensive P managed fund is $2.496 per unit and the current entry price is $2.496 per unit (as at 29 Oct 2026).

The minimum initial investment amount for the Russell Defensive P 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.