The Fund invests predominantly in infrastructure and infrastructure related securities listed on stock exchanges in developed and emerging markets. The Fund may also invest in unlisted securities on a limited basis. Foreign currency exposures are largely hedged back to Australian dollars

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 predominantly global listed infrastructure securities, largely hedged into Australian dollars.

Benefits of investing in the Russell Investments Global Listed Infrastructure Fund - Hedged - Class A

Expertise in multi-asset solutions

Many of the world's leading organisations depend on our expertise to help build long-term financial security for their business and their employees. Our funds are managed by our global multi-asset team with a robust track record. The team has spent decades refining our approach to multi-asset investing, both through empirical research and direct observation. When you invest in one of our funds, you gain access to all of this experience and expertise.

Deep global insights

The majority of investment opportunities reside outside of Australia. We operate a global business with specialists in the major markets around the world. We value local knowledge, building a dedicated team of over 300 professionals in 21 countries. We base our portfolio managers and manager researchers in the markets in which they work allowing them to better understand their portfolios, enabling quicker and more decisive action.

Best of breed approach

Embedded within our funds is an open architecture selection process, scouring the globe for investment opportunities, wherever they reside. Our analysts seek to identify superior investment manager talent through a proprietary research process based on objective analysis. This includes monitoring more than 4,000 investment manager firms. We combine decades of consulting experience, proprietary analytics and our renowned manager research to bring the optimal combination of managers in each asset class.

Risk level

High

Investor suitability

Suitable for investors seeking infrastructure-like returns who have a long investment horizon. Investors must be willing to accept the possibility of negative returns over the short to medium term.

About the Fund

The portfolio invests in the shares of companies that own and/or operate infrastructure assets. These assets are facilities that provide services that are essential for a functioning economy, and may include transportation, energy, water, social and communications infrastructure.

Fund strategy

The Fund invests predominantly in infrastructure and infrastructure related securities listed on stock exchanges in developed and emerging markets. The Fund may also invest in unlisted securities on a limited basis. Foreign currency exposures are largely hedged back to Australian dollars.

About Russell Investment Management Ltd

With more than 80 years of experience, Russell Investments is a global investment manager, dedicated to helping investors reach their long-term goals. Russell Investments offers investment solutions in 31 countries and manages A$392.4 billion in assets (as of 30 June 2018). Russell Investments specialises in multi-asset solutions, scouring the globe for investment strategies, managers and asset classes to deliver to its clients around the world.

Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world's major financial centres such as New York, London, Tokyo and Shanghai. For more information about how Russell Investments helps to improve financial security for people, visit https://russellinvestments.com/au.

RIM may appoint one or more different money managers (including other members of Russell Investments) (each an "investment manager) to manage some or all of the assets of the Fund.

How we invest your money

Strategic Asset Allocation

The Strategic Asset Allocation (SAA) is the starting point for all asset allocation decisions. We may adjust a Russell Investments Sector Fund's SAA (within the ranges specified in the PDS) at any time without notice to you. We may also adjust the actual exposure to a particular asset class within the ranges specified in the PDS for each Fund.

Asset allocation ranges

• Infrastructure and infrastructure related securities: 0%-100%

• Cash: 0%-10%