InvestSMART

Russell Global Opportunities Portfolio - Managed Fund (Closed)

Fund Objective
To provide exposure to a diversified portfolio of International shares hedged into Australian dollars. The aim is to provide a total return, before costs and tax, higher than the MSCI World Net Dividends Reinvested Accumulation Index ($A Hedged) over the long-term.
Fund Strategy
The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed international markets. The Fund may also invest in unlisted and emerging market securities. Investors should look to invest for at least 5 years.

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 -0.68% 9.12% 11.98% -9.12% -11.78% -% -% -%
Growth return -0.68% 9.12% 11.98% -9.12% -11.78% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 1.99% 6.14% 12.44% 23.03% 23.12% 22.63% 16.27% 13.14%
As at 30 Sep 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Global Opportunities Portfolio
International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.02%
Australian Equities
1.95%
Cash
1.76%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.12%

General Information

Fund Details
Type Description
Russell Global Opportunities Portfolio (Wholesale)
Closed
Russell Investment Management Limited
Equity World Large Blend
Not Rated
Superannuation Fund
20 Dec 2006
n/a
$0.93801 (as at 9 Nov 2009)
$0.93801 (as at 9 Nov 2009)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2009)
Minimum initial investment $50,000

FAQs about the Russell Global Opportunities Portfolio

The objective of the Russell Global Opportunities Portfolio managed fund is To provide exposure to a diversified portfolio of International shares hedged into Australian dollars. The aim is to provide a total return, before costs and tax, higher than the MSCI World Net Dividends Reinvested Accumulation Index ($A Hedged) over the long-term.

The strategy of the Russell Global Opportunities Portfolio managed fund is The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed international markets. The Fund may also invest in unlisted and emerging market securities. Investors should look to invest for at least 5 years.

The APIR code of the Russell Global Opportunities Portfolio managed fund is .

Russell Global Opportunities Portfolio’s total return last month was -0.68%. This was made up of a growth return of -0.68% and an income return of 0%. These returns were calculated as at 30 Sep 2009.

Russell Global Opportunities Portfolio’s total return for the last three months was 9.12%. This was made up of a growth return of 9.12% and an income return of 0%%. These returns were calculated as at 30 Sep 2009.

Russell Global Opportunities Portfolio’s one-year total return is -9.12%. This was made up of a growth return of -9.12% and an income return of 0%. These returns were calculated as at 30 Sep 2009.

Russell Global Opportunities Portfolio’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Sep 2009.

The asset allocation of the Russell Global Opportunities Portfolio managed fund is :

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

The Responsible Entity for the Russell Global Opportunities Portfolio managed fund is Russell Investment Management Limited.

The Russell Global Opportunities Portfolio managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Jul 2010, the size of the Russell Global Opportunities Portfolio managed fund was $ million.

The Russell Global Opportunities Portfolio managed fund has an inception date of 20 Dec 2006.

The current entry price of the Russell Global Opportunities Portfolio managed fund is $0.93801 per unit and the current exit price is $0.93801 per unit (as at 9 Nov 2009).

The current exit price of the Russell Global Opportunities Portfolio managed fund is $0.93801 per unit and the current entry price is $0.93801 per unit (as at 9 Nov 2009).

The minimum initial investment amount for the Russell Global Opportunities Portfolio 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.