Russell Investments Master Trust - iQ Retirement - Australian Floating Rate
Fixed income in 2023: Is a renaissance coming? |
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/101035-2024-04-13-02:43.pdf |
FUND MANAGER | Russell Investment Management |
ASX Code | |
APIR | TRM0017AU |
ASSET CLASS | FIXED INTEREST |
INVESTMENT STYLE | The option is predominantly exposed to assets such as bank deposits, money market instruments (including but not limited to bank bills and certificates of deposit), corporate floating rate notes and asset backed and mortgage backed securities. |
INVESTMENT PROFILE | The Fund seeks to earn a return above Benchmark, before tax and after costs, over rolling 5 year periods. |
CURRENCY MANAGEMENT | Active management |
INCEPTION DATE | 01-07-2007 |
BENCHMARK | Bloomberg AusBond Bank Bill Index |
FUND SIZE | Bloomberg AusBond Bank Bill Index |
DISTRIBUTION FREQUENCY | N/A |
NO. OF HOLDINGS | |
FEES | 0.16% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing with iQ RetirementThe Diversified options provide fully implemented investment solutions, which combine a range of investment managers across an array of asset classes. The benefits of investing in the Diversified options are:
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RISK LEVEL | Risk level Short term: Very Low Long term: Very High |
INVESTOR SUITABILITY | Investor suitabilitySuitable for members seeking capital stability, low variability of returns and who have a short investment horizon. |
Risks
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Detail |
Key Features
About the FundThe Diversified options provide exposure to:
The Diversified options are uniquely positioned to take advantage of Russell Investments' outcome-oriented, open architecture, multi- style, multi-manager investment approach. About iQ RetirementiQ Retirement offers members a flexible way to make the most of their money in the years leading up to retirement, and importantly, maximise their savings once retired. iQ Retirement offers:
For those over preservation age and still working, iQ Retirement may be used as part of a transition to retirement strategy or, if retired, the Pension Account can be used to pay a regular income. |
Mandate
How we invest your moneyThe option is predominantly exposed to assets such as bank deposits, money market instruments (including but not limited to bank bills and certificates of deposit), corporate floating rate notes and asset backed and mortgage backed securities. The option may also be exposed to fixed rate corporate debt, derivatives and non-Australian dollar denominated cash and cash equivalent securities. Asset allocationCash: 10% - 40% Corporate floating rate notes/asset backed and Underlying foreign currency exposures will be largely hedged back to Australian dollars. |