Russell Investments Australian Bond Income Fund - Class A
|Fixed income in 2023: Is a renaissance coming?|
About this Fund
|FUND MANAGER||Russell Investment Management|
|ASSET CLASS||FIXED INTEREST|
|INVESTMENT STYLE||The Fund invests in a diversified portfolio of Australian fixed income securities.|
|INVESTMENT PROFILE||The Fund seeks to provide an income stream to investors and to provide a total return higher than its Benchmark over a three year period.|
|CURRENCY MANAGEMENT||Active management|
|BENCHMARK||Bloomberg AusBond Composite 0+ Yr Index|
|FUND SIZE||Bloomberg AusBond Composite 0+ Yr Index|
|NO. OF HOLDINGS|
Benefits of investing in the Russell Investments Australian Bond Income Fund - Class A
Suitable for investors seeking bond-like returns with an income focus, who do not have a long investment horizon and wish to limit the chance of negative returns over this horizon.
About the Fund
The Russell Investments Australian Bond Income Fund (the Fund) invests in a range of Australian fixed income securities with a focus on providing investors with a more regular income stream.
Investment return objective
To provide an income stream to investors over the short to medium term, before costs and tax, by providing exposure to a diversified portfolio of Australian fixed income securities. The Fund also aims to provide a total return higher than its benchmark over a three year period.
The Russell Investments approach
The Fund uses a multi-strategy, multi-style investment approach, and aims to provide regular income, while outperforming its benchmark over a three-year period. It is broadly diversified, with managers taking measured active positions. The Fund provides an ideal vehicle for investors with an increased focus on quarterly distributions from a defensive asset class.
The Fund provides investors with exposure to a diversified portfolio of Australian issued and AUD denominated bonds.
The investment processes utilised by the Fund's underlying managers have an increased focus on the objective of generating more stable income returns by explicitly taking into account the impact of portfolio structure on quarterly distributable income.
The Fund invests predominantly in Australian issued government, quasi-government and corporate fixed income with a focus on providing investors with a more regular income stream. Derivatives may be used to a limited extent to obtain or reduce exposure to securities and may also be used to derive additional income and manage investment risk.
Sources of return
The Fund also employs multiple sources of active management to enhance returns such as security and sector selection as well as active interest rate management.
How we invest your money
The Fund invests in Australian issued government, quasi-government and corporate fixed income securities with a focus on providing investors with an income stream. The Fund may also hold exchange traded funds to a limited extent from time to time. Derivatives may be used to a limited extent to obtain or reduce exposure to securities and may also be used to derive additional income and manage investment risk.