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Russell Investments Global Opportunities Fund $A Hedged - Class A

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101381-2023-10-26-02:46.pdf
FUND MANAGER Russell Investment Management
ASX Code
APIR RIM0039AU
ASSET CLASS GLOBAL EQUITIES
INVESTMENT STYLE

The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. The Fund also employs certain investment exclusions. Derivatives may be used by the Fund to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. Foreign currency exposures are largely hedged back to Australian dollars.

INVESTMENT PROFILE

To significantly outperform the Fund’s benchmark, before costs and tax, over the long term by providing exposure to a diversified portfolio of predominantly international shares, largely hedged into Australian dollars.

CURRENCY MANAGEMENT Hedged
INCEPTION DATE 30-11-2008
BENCHMARK MSCI ACWI Index - 100% Hedged to AUD - Net
FUND SIZE MSCI ACWI Index - 100% Hedged to AUD - Net
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 1.05% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in the Russell Investments Global Opportunities Fund $A Hedged - Class A

  • Actively managed investment strategy: The Fund offers broad exposure to global shares, across a range of industry sectors. The investment strategy emphasises performance above the benchmark, while aiming to control risk. It is based on the same deep insights, high standards and stringent research we use working for many of the world's largest investors.
  • 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 overseas share-like returns who have a long investment horizon and are willing to accept some currency and emerging markets risks. Investors must also 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 Fund

The Fund seeks to significantly outperform its Benchmark over the long term by providing exposure to a diversified portfolio of predominantly international shares, largely hedged into Australian dollars.

The Russell Investments approach

The Russell Investments International Shares Fund (the Fund) employs a multi-style, multi-manager and multi-strategy approach. It is broadly diversified and provides an ideal vehicle for an investor's core exposure to international shares markets.

Global investment strategy

The Fund's managers invest across the global share markets aiming to identify the companies that will perform best in each industry, irrespective of their domicile.

The Fund invests in the major markets of the world but will also invest opportunistically in small cap securities and emerging markets to enhance returns.

Mandate

How we invest your money

The Fund invests predominantly in a broad range of international shares listed on stock exchanges in developed and emerging international markets. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk.

Foreign currency exposures are largely hedged back to Australian dollars.

The underlying managers' strategies tend to have higher levels of risk and lower benchmark sensitivity than more traditional products. At the total Fund level, our goal is to reduce dependency on a particular economic scenario, region or market cycle by creating an aggregate portfolio of managers that provide opportunities to strongly outperform in most environments.

Asset allocation

  • The Fund may invest up to 100% in international shares.
  • The Fund may also invest up to 10% in cash.