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  5. Russell Diversified 50 A - Managed fund profile

Russell Diversified 50 A - Managed Fund

Fund Objective
To provide returns over the medium term, with moderate volatility, consistent with a diversified mix of defensive and growth oriented assets.
Fund Strategy
The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 50% and defensive investments of around 50%. Derivatives may be used to implement investment strategies.

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 2.12% 3.77% 9.41% 8.95% 3.57% 3.67% 4.65% 5.15%
Growth return 2.12% 3.77% 9.41% 7.34% -1.25% -2.02% -1.12% -0.21%
Income return 0% 0% 0% 1.61% 4.82% 5.69% 5.77% 5.36%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Diversified 50 A
Australian Equities
15.79%
International Equities
25.38%
Cash
8.29%
Property
8.38%
Fixed Interest
42.15%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.65%
International Equities
26.66%
Cash
9.32%
Property
4.38%
Fixed Interest
36.85%
Alternatives
6.15%

General Information

Fund Details
Type Description
Russell Diversified 50 A
Russell Investment Management Limited
RIM0003AU
Multisector Balanced
starstarstar (as at 31 Mar 2024)
Investment Fund
31 Oct 2000
$448.05 million (as at 29 Feb 2024)
$0.996 (as at 15 Apr 2024)
$0.9924 (as at 15 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.93% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.03
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Metrics Credit Partners Div Met Cr Mutual Fund - Unspecified 4.68%
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FAQs about the Russell Diversified 50 A

The objective of the Russell Diversified 50 A managed fund is To provide returns over the medium term, with moderate volatility, consistent with a diversified mix of defensive and growth oriented assets.

The strategy of the Russell Diversified 50 A managed fund is The Fund typically invests in a diversified portfolio mix with exposure to growth investments of around 50% and defensive investments of around 50%. Derivatives may be used to implement investment strategies.

The APIR code of the Russell Diversified 50 A managed fund is RIM0003AU.

Russell Diversified 50 A’s total return last month was 2.12%. This was made up of a growth return of 2.12% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Russell Diversified 50 A’s total return for the last three months was 3.77%. This was made up of a growth return of 3.77% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Russell Diversified 50 A’s one-year total return is 8.95%. This was made up of a growth return of 7.34% and an income return of 1.61%. These returns were calculated as at 31 Mar 2024.

Russell Diversified 50 A’s one-year total return is 3.67%. This was made up of a growth return of -2.02% and an income return of 5.69%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Russell Diversified 50 A managed fund is :

Australian Equities
15.79%
International Equities
25.38%
Cash
8.29%
Property
8.38%
Fixed Interest
42.15%
Alternatives
0%

The Responsible Entity for the Russell Diversified 50 A managed fund is Russell Investment Management Limited.

The Russell Diversified 50 A managed fund belongs to the Multisector Balanced sector/asset class.

As at 29 Feb 2024, the size of the Russell Diversified 50 A managed fund was $448.05 million.

The Russell Diversified 50 A managed fund has an inception date of 31 Oct 2000.

The current entry price of the Russell Diversified 50 A managed fund is $0.996 per unit and the current exit price is $0.9924 per unit (as at 15 Apr 2024).

The current exit price of the Russell Diversified 50 A managed fund is $0.9924 per unit and the current entry price is $0.996 per unit (as at 15 Apr 2024).

The minimum initial investment amount for the Russell Diversified 50 A managed fund is $0. 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.