Russell Investments After-Tax Australian Shares Fund - Class A
About this Fund
|FUND MANAGER||Russell Investment Management|
|ASSET CLASS||AUSTRALIAN EQUITIES|
|INVESTMENT STYLE||The Fund invests in a diversified portfolio of predominantly Australian shares.|
|INVESTMENT PROFILE||The Fund seeks to provide a total after-tax return (net of fees), higher than the Benchmark over the long term.|
|CURRENCY MANAGEMENT||Active management|
|BENCHMARK||After-tax series off S&P/ASX 300 Franking Credit Adjusted Annual Total Return Index (Superannuation)|
|FUND SIZE||After-tax series off S&P/ASX 300 Franking Credit Adjusted Annual Total Return Index (Superannuation)|
|NO. OF HOLDINGS|
Benefits of investing in the Russell Investments After-Tax Australian Shares Fund (for Superannuation Investors) - Class A
Suitable for investors seeking share-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 Russell Investments After-Tax Australian Shares Fund (the Fund) uses Russell Investments' in-house emulation capabilities to leverage the investment insights from multiple managers and incorporates a range of strategies aimed at enhancing after-tax returns specifically for superannuation investors.
The Fund's performance is reported after-tax as well as on a pre-tax basis to provide visibility to superannuation investors of after-tax outcomes at the managed fund level.
The Fund aims to provide superannuation investors with exposure to a diversified portfolio of Australian equities. It seeks to provide a return before costs higher than the Fund's benchmark on both a pre-tax and after-tax basis over the long term.
To achieve these objectives, the Fund is structured to capture alpha-seeking investment insights from multiple managers and is implemented as a centrally managed portfolio. The underlying managers each have unique investment styles and processes which reduces Scenario risk'.
In addition, the Fund holds an investment bias to above average franked dividend payments and employs strategies with a focus on enhancing after-tax returns.
Fund design - implementation
The Fund is implemented to maximise equity returns. This is achieved by:
The focus of these strategies will not be on tax minimisation but, rather, on enhancing overall returns on an after- tax basis as relevant to superannuation investors.
How we invest your money
The Fund invests predominantly in shares and unit trusts listed or about to be listed on the Australian Securities Exchange. Derivatives may be used to obtain or reduce exposure to securities or markets, to implement investment strategies and to manage risk. Tax efficient strategies are implemented to enhance the after-tax return of the Fund.