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  5. Russell Investment Multi-asset Growth Strategy Return - Managed fund profile

Russell Investment Multi-asset Growth Strategy Return - Managed Fund (Closed)

Fund Objective
To provide returns (before fees and costs) equivalent the official RBA cash rate plus 3.0% to investors over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth oriented assets and some defensive assets.
Fund Strategy
The Fund is diversified across a range of asset classes, including equities, fixed income and alternatives, with a dynamic approach to asset allocation. 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 0.31% -2.32% -0.94% 4.06% 11.16% 4.78% 4.18% -%
Growth return 0.31% -2.32% -0.94% 0.91% 7.92% 2.48% 2% -%
Income return 0% 0% 0% 3.15% 3.24% 2.3% 2.18% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -2.39% 1.04% 10.12% 6.85% 4.24% 2.72% 4.44% 5.75%
As at 31 Mar 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell Investment Multi-asset Growth Strategy Return
Australian Equities
21.45%
International Equities
18.23%
Cash
9.60%
Property
5.06%
Fixed Interest
39.56%
Alternatives
6.10%
Average Allocation of Peers
Australian Equities
16.51%
International Equities
26.73%
Cash
9.33%
Property
4.39%
Fixed Interest
36.89%
Alternatives
6.16%

General Information

Fund Details
Type Description
Russell Investment Multi-asset Growth Strategy Return
Closed
Russell Investment Management Limited
RIM0086AU
Multisector Flexible
starstarstar (as at 30 Apr 2022)
Investment Fund
18 Dec 2012
$8.82 million (as at 31 Mar 2022)
$1.1211 (as at 29 Apr 2022)
$1.1189 (as at 29 Apr 2022)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.08
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the Russell Investment Multi-asset Growth Strategy Return

The objective of the Russell Investment Multi-asset Growth Strategy Return managed fund is To provide returns (before fees and costs) equivalent the official RBA cash rate plus 3.0% to investors over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth oriented assets and some defensive assets.

The strategy of the Russell Investment Multi-asset Growth Strategy Return managed fund is The Fund is diversified across a range of asset classes, including equities, fixed income and alternatives, with a dynamic approach to asset allocation. Derivatives may be used to implement investment strategies

The APIR code of the Russell Investment Multi-asset Growth Strategy Return managed fund is RIM0086AU.

Russell Investment Multi-asset Growth Strategy Return’s total return last month was 0.31%. This was made up of a growth return of 0.31% and an income return of 0%. These returns were calculated as at 31 Mar 2022.

Russell Investment Multi-asset Growth Strategy Return’s total return for the last three months was -2.32%. This was made up of a growth return of -2.32% and an income return of 0%%. These returns were calculated as at 31 Mar 2022.

Russell Investment Multi-asset Growth Strategy Return’s one-year total return is 4.06%. This was made up of a growth return of 0.91% and an income return of 3.15%. These returns were calculated as at 31 Mar 2022.

Russell Investment Multi-asset Growth Strategy Return’s one-year total return is 4.78%. This was made up of a growth return of 2.48% and an income return of 2.3%. These returns were calculated as at 31 Mar 2022.

The asset allocation of the Russell Investment Multi-asset Growth Strategy Return managed fund is :

Australian Equities
21.45%
International Equities
18.23%
Cash
9.60%
Property
5.06%
Fixed Interest
39.56%
Alternatives
6.10%

The Responsible Entity for the Russell Investment Multi-asset Growth Strategy Return managed fund is Russell Investment Management Limited.

The Russell Investment Multi-asset Growth Strategy Return managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 Mar 2022, the size of the Russell Investment Multi-asset Growth Strategy Return managed fund was $8.82 million.

The Russell Investment Multi-asset Growth Strategy Return managed fund has an inception date of 18 Dec 2012.

The current entry price of the Russell Investment Multi-asset Growth Strategy Return managed fund is $1.1211 per unit and the current exit price is $1.1189 per unit (as at 29 Apr 2022).

The current exit price of the Russell Investment Multi-asset Growth Strategy Return managed fund is $1.1189 per unit and the current entry price is $1.1211 per unit (as at 29 Apr 2022).

The minimum initial investment amount for the Russell Investment Multi-asset Growth Strategy Return 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.