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Russell World Bond B - Managed Fund (Closed)

Fund Objective
To aim to provide a total return, before costs and tax, higher than the Fund's benchmark over the long term by providing exposure to a diversified portfolio of New Zealand and international fixed income securities, largely hedged into NZ dollars.
Fund Strategy
The Fund is typically exposed to government issued fixed income securities, bank bills and the cash of countries included in the benchmark. It may also be exposed to securities issued by provincial and state agencies, semi-government organisations, supranationals and corporations as well as to mortgage-backed and asset-backed securities.

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 -2.05% -1.4% -7.48% -% -% -% -% -%
Growth return -2.05% -1.4% -7.9% -% -% -% -% -%
Income return 0% 0% 0.42% -% -% -% -% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -0.23% 0.69% 1.72% 4.42% 3.32% 3.98% -0.59% 1.95%
As at 30 Sep 1999. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Russell World Bond B
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
92.61%
Australian Equities
0.04%
International Equities
-0.16%
Cash
4.86%
Property & Infrastructure
0.27%
Alternatives
2.37%

General Information

Fund Details
Type Description
Russell World Bond B
Closed
Russell Investment Management Limited
RIM0078AU
Diversified Credit
starstar (as at 30 Jun 2011)
Investment Fund
16 Oct 1998
$122.79 million (as at 28 Feb 2013)
$1.067 (as at 8 Apr 2013)
$1.0616 (as at 8 Apr 2013)
Suppressed
Offer information
Type Description
Minimum initial investment $1,000.00
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FAQs about the Russell World Bond B

The objective of the Russell World Bond B managed fund is To aim to provide a total return, before costs and tax, higher than the Fund's benchmark over the long term by providing exposure to a diversified portfolio of New Zealand and international fixed income securities, largely hedged into NZ dollars.

The strategy of the Russell World Bond B managed fund is The Fund is typically exposed to government issued fixed income securities, bank bills and the cash of countries included in the benchmark. It may also be exposed to securities issued by provincial and state agencies, semi-government organisations, supranationals and corporations as well as to mortgage-backed and asset-backed securities.

The APIR code of the Russell World Bond B managed fund is RIM0078AU.

Russell World Bond B’s total return last month was -2.05%. This was made up of a growth return of -2.05% and an income return of 0%. These returns were calculated as at 30 Sep 1999.

Russell World Bond B’s total return for the last three months was -1.4%. This was made up of a growth return of -1.4% and an income return of 0%%. These returns were calculated as at 30 Sep 1999.

Russell World Bond B’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 1999.

Russell World Bond B’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 1999.

The asset allocation of the Russell World Bond B managed fund is :

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

The Responsible Entity for the Russell World Bond B managed fund is Russell Investment Management Limited.

The Russell World Bond B managed fund belongs to the Diversified Credit sector/asset class.

As at 28 Feb 2013, the size of the Russell World Bond B managed fund was $122.79 million.

The Russell World Bond B managed fund has an inception date of 16 Oct 1998.

The current entry price of the Russell World Bond B managed fund is $1.067 per unit and the current exit price is $1.0616 per unit (as at 8 Apr 2013).

The current exit price of the Russell World Bond B managed fund is $1.0616 per unit and the current entry price is $1.067 per unit (as at 8 Apr 2013).

The minimum initial investment amount for the Russell World Bond B managed fund is $1,000.

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.