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  5. Russell High Growth C - Managed fund profile

Russell High Growth C - Managed Fund

Fund Objective
To provide capital growth over the long term consistent with a portfolio focusing solely on growth assets, while accepting fluctuations in capital values in the medium term.
Fund Strategy
The Fund typically fully invests in a diversified portfolio of growth investments. 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 3.44% 8.14% 15.61% 17.65% 7.39% 7.85% 8.45% 8.2%
Growth return 3.44% 7.74% 15.18% 9.91% -2.21% -1.72% -0.65% 1.21%
Income return 0% 0.4% 0.43% 7.74% 9.6% 9.57% 9.1% 6.99%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.91% 7.77% 15.61% 18.4% 8.2% 8.89% 9.42% 9.28%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell High Growth C
Australian Equities
36.65%
International Equities
47.90%
Cash
5.11%
Property
8.37%
Fixed Interest
1.98%
Alternatives
0%
Average Allocation of Peers
Australian Equities
33.36%
International Equities
47.16%
Cash
5.59%
Property
5.45%
Fixed Interest
5.18%
Alternatives
3.27%

General Information

Fund Details
Type Description
Russell High Growth C
Russell Investment Management Limited
RIM0030AU
Multisector Aggressive
starstarstar (as at 31 Mar 2024)
Investment Fund
18 Oct 2004
$41.4 million (as at 31 Mar 2024)
$1.1517 (as at 16 Apr 2024)
$1.148 (as at 16 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.23% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.04
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the Russell High Growth C

The objective of the Russell High Growth C managed fund is To provide capital growth over the long term consistent with a portfolio focusing solely on growth assets, while accepting fluctuations in capital values in the medium term.

The strategy of the Russell High Growth C managed fund is The Fund typically fully invests in a diversified portfolio of growth investments. Derivatives may be used to implement investment strategies.

The APIR code of the Russell High Growth C managed fund is RIM0030AU.

Russell High Growth C’s total return last month was 3.44%. This was made up of a growth return of 3.44% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Russell High Growth C’s total return for the last three months was 8.14%. This was made up of a growth return of 7.74% and an income return of 0.4%%. These returns were calculated as at 31 Mar 2024.

Russell High Growth C’s one-year total return is 17.65%. This was made up of a growth return of 9.91% and an income return of 7.74%. These returns were calculated as at 31 Mar 2024.

Russell High Growth C’s one-year total return is 7.85%. This was made up of a growth return of -1.72% and an income return of 9.57%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Russell High Growth C managed fund is :

Australian Equities
36.65%
International Equities
47.90%
Cash
5.11%
Property
8.37%
Fixed Interest
1.98%
Alternatives
0%

The Responsible Entity for the Russell High Growth C managed fund is Russell Investment Management Limited.

The Russell High Growth C managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Mar 2024, the size of the Russell High Growth C managed fund was $41.4 million.

The Russell High Growth C managed fund has an inception date of 18 Oct 2004.

The current entry price of the Russell High Growth C managed fund is $1.1517 per unit and the current exit price is $1.148 per unit (as at 16 Apr 2024).

The current exit price of the Russell High Growth C managed fund is $1.148 per unit and the current entry price is $1.1517 per unit (as at 16 Apr 2024).

The minimum initial investment amount for the Russell High Growth C 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.