Russell Investments Australian Opportunities Fund - Class A
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100319-2023-10-26-02:43.pdf |
FUND MANAGER | Russell Investment Management |
ASX Code | |
APIR | RIM0029AU |
ASSET CLASS | AUSTRALIAN EQUITIES |
INVESTMENT STYLE | The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange (ASX). The Fund may also engage in short selling of securities. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. |
INVESTMENT PROFILE | The Fund aims to significantly outperform its benchmark (before costs and tax) over the long term by providing exposure to a diversified portfolio of predominantly Australian shares. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 31-05-2004 |
BENCHMARK | S&P ASX 300 Accumulation Index |
FUND SIZE | S&P ASX 300 Accumulation Index |
DISTRIBUTION FREQUENCY | Half-yearly |
NO. OF HOLDINGS | 200+ |
FEES | 1.05% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Russell Investments Australian Opportunities Fund - Class AThe Fund delivers value to investors through: Real diversification The Fund systematically incorporates a selection of the strongest Australian equities investment ideas across a range of strategies and styles to help the portfolio weather various market conditions and economic scenarios. Effective components The Fund applies an open architecture approach to deliver appropriate exposures to achieve the investment objective. Russell Investments devotes significant resources, expertise and time to identify the most effective strategies, the right funds and the most efficient modes of implementation. Agility The Fund's investment team continually monitors the Fund, and adjusts the strategy and asset class exposures as the market changes and new opportunities arise. Risk levelHigh Investor suitabilitySuitable for investors with a long-term investment horizon who are seeking share-like returns. Investors must be willing to accept the possibility of negative returns over the short to medium term. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe Russell Investments Australian Opportunities Fund provides investors with exposure to a diversified portfolio of Australian shares. The underlying managers use a range of innovative investment techniques and higher return seeking strategies, such as active extension, holding concentrated portfolios and investing in a selection of smaller companies. The managers focus on identifying the best investment opportunities available and are generally not constrained to a market benchmark. Investment ApproachThe Responsible Entity is the investment manager for the Fund and is responsible for making investment decisions in relation to the Fund and implementing the Fund's investment strategy. We devote significant resources and expertise to identifying the most effective strategies and exposures to achieve the Fund's objective. The Fund's Portfolio Manager is responsible for identifying investment managers based on a rigorous research process that is unlimited by location, ownership structure, investment approach, availability on exchanges or management responsibility. The allocation to underlying strategies is determined and adjusted by the Portfolio Manager drawing on the insights, research and analysis from our strategist, capital market researchers and manager research teams to determine the most appropriate allocation to achieve the objectives of the Fund given existing and expected market conditions. About Russell Investment Management LtdWith 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. |
Mandate
How we invest your moneyInvestment StrategyThe Fund invests predominantly in Australian equities and unit trusts listed or about to be listed on the ASX. It may also invest in listed equities on foreign exchanges in situations where the securities are also, or have been, listed on the ASX. Other securities available for investment include exchange traded derivatives, over-the- counter (OTC) derivatives and cash equivalent instruments. It is intended that the Fund will be fully invested in a diversified portfolio of at least 200 securities. Australian listed equities will typically be held in Australian dollars. Securities that are listed on foreign exchanges will be denominated in the currency of the relevant market. Asset allocation ranges
Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. The Fund may engage in short selling of securities as part of its investment strategy in order to benefit from falling security prices. The use of derivatives and short selling will not result in the Fund being leveraged on a net basis, however the Fund may have gross exposure up to 150% of net asset value (NAV), including 25% in short positions and 125% total in long positions. |