Category | Fund Name | Summary | Net Assets ($ M)* | YTD (%) |
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Mixed-Regions | Russell Emerging Markets Fund | 810.01 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The fund manages assets with the help of six money managers namely AllianceBernstein L.P., Axiom International Investors LLC, Numeric Investors LLC, Consilium Investment Management, LLC, Oaktree Capital Management, L.P., and Neuberger Berman Investment Advisors LLC. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The multi-manager fund also pursues multi-style investment including growth, value, and market-oriented investing styles. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in emerging market companies, and principally invests in securities of companies economically tied to emerging market countries and in depositary receipts. The team considers emerging market countries to include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The fund’s money managers provide a model portfolio to Russell Investment Management representing their investment recommendations, based upon which RIM purchases and sells securities for the fund. RIM manages the fund’s assets not allocated to money manager strategies and invests in securities and instruments which provide the desired exposures. Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may invest in synthetic foreign equity securities, which may be referred to as international warrants, local access products, participation notes or low exercise price warrants. Also, the fund may invest in derivative instruments and may use derivatives to take both long and short positions. |
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Multi-Cap-Core | Russell Global Equity Fund | 1490 | 0 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The fund manages assets with the help of three money managers namely Intermede Investment Partners Limited and Intermede Global Partners Inc., Wellington Management Company LLP, and The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The multi-manager fund also pursues multi-style investment including growth, value, market-oriented, and defensive investing styles. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in companies economically tied to a number of countries around the world, including the U.S., and in depositary receipts. The team considers emerging market countries to include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The fund’s money managers provide a model portfolio to Russell Investment Management representing their investment recommendations, based upon which RIM purchases and sells securities for the fund. RIM manages the fund’s assets not allocated to money manager strategies and invests in securities and instruments which provide the desired exposures. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may invest in derivatives, including stock options, country index futures and swaps or currency forwards. Also, the fund may utilize derivatives to take both long and short positions. |
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Infrastructure-NA | Russell Global Infrastructure Fund | 170.2 | 0 | |
The fund seeks capital appreciation in the long term and current income by investing in companies across any size outside the United States. The fund manages assets with the help of three money managers namely Cohen & Steers Capital Management, Inc., Cohen &Steers UK Limited and Cohen & Steers Asia Limited, Nuveen Asset Management, LLC, and First Sentier Investors (Australia) IM Limited. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in companies that are engaged in the infrastructure business. Infrastructure refers to the systems and networks of energy, transportation, communication and other services required for the normal function of society. Infrastructure companies also include energy-related companies organized as master limited partnerships and their affiliates. The fund’s money managers provide a model portfolio to Russell Investment Management representing their investment recommendations, based upon which RIM purchases and sells securities for the fund. RIM manages the fund’s assets not allocated to money manager strategies and invests in securities and instruments which provide the desired exposures. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund principally invests in securities of infrastructure companies economically tied to a number of countries around the world, including the U.S. Also, the fund may invest a significant portion of its net assets in non-U.S. securities, including emerging markets securities. The fund considers emerging market countries to include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. In addition, the fund may invest in derivative instruments and may utilize derivatives to take both long and short positions. |
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Real Estate-NA | Russell Global Real Estate Securities Fund | 463.15 | 0 | |
The fund seeks current income and capital appreciation in the long term by investing in companies across any size outside the United States. The fund manages assets with the help of two money managers namely Cohen & Steers Capital Management, Inc., Cohen &Steers UK Limited and Cohen & Steers Asia Limited, and RREEF America L.L.C., DWS Investments Australia Limited and DWS Alternatives Global Limited, operating under the brand name DWS. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in real estate securities. The fund’s money managers provide a model portfolio to Russell Investment Management representing their investment recommendations, based upon which RIM purchases and sells securities for the fund. RIM manages the fund’s assets not allocated to money manager strategies and invests in securities and instruments which provide the desired exposures. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund invests in securities of real estate companies economically tied to a number of countries around the world, including the U.S. The fund may invest a portion of its net assets in securities of companies that are located in emerging markets. The fund considers emerging market countries to include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. Additionally, the fund invests in real estate investment trusts and other REIT-like entities that own interests in real estate or real estate-related loans. In addition, the fund may invest in derivative instruments and may utilize derivatives to take both long and short positions. |
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Multi-Cap-Core | Russell Investments Sustainable Equity Fund | 197.17 | -0.9 | |
The fund seeks capital appreciation in the long term by investing in mid-and large-size companies in the United States. The investment process is designed to highlight companies in the benchmark index that are sustainable leaders. The investment team believes sustainable leaders are companies with superior environmental, social and governance factors. The multi-manager fund employs long-short equity strategies and discretionary and non-discretionary money managers. The fund’s discretionary money managers select the individual portfolio instruments for the assets assigned to them. The fund’s non-discretionary money managers provide a model portfolio to Russell Investment Management representing their investment recommendations, based upon which RIM purchases and sells securities for the fund. RIM manages the fund’s assets not allocated to money manager strategies and utilizes quantitative and/or rules-based processes and qualitative analysis to assess fund characteristics and invest in securities and instruments which provide the desired exposures. RIM may use strategies based on indexes. Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level. In particular, the portfolio is tilted towards companies that are expected to contribute to, and benefit from, a transition to a low carbon emission producing economy and away from companies with the greatest exposure to potential negative impacts of such a transition. The portfolio is usually, but not always fully invested by purchasing equity securities and/or derivatives, which typically include index futures contracts. The fund may invest in derivative instruments and may use derivatives to take both long and short positions. |
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Multi-Cap-Core | Russell Multifactor International Equity Fund | 253.82 | -0.7 | |
The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team focuses on securities of companies economically tied to or located in developed market countries, other than the U.S. Also, the fund may invest a portion of its net assets in securities of companies that are economically tied to emerging market countries. The fund considers Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States to have developed markets. The fund invests principally in large and medium capitalization companies, but may also invest in small capitalization companies. Next, the research team narrows the investable universe to a list of companies included in the Index but may include or be entirely comprised of stocks not included in the Index. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The fund may also invest in index futures, index put or call options, currency forwards or exchange traded funds. The fund may use derivatives, including stock options, country index futures and swaps or currency forwards, to manage country and currency exposure as a substitute for holding securities directly or facilitate the implementation of its investment strategy. Additionally, the fund may also invest a portion of its net assets in real estate investment trusts that own and/or manage properties. |
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Multi-Cap-Core | Russell Multifactor US Equity Fund | 550.5 | 2.4 | |
The fund seeks capital appreciation in the long term by investing in mid-and large-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. The fund also pursues multi-style investment including value, momentum, quality, capitalization size, lower volatility, growth, industry, sector, defensive or dynamic styles. Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level. The manager tilts the fund’s exposures by over or underweighting any of the portfolio’s characteristics relative to the Russell 1000 Index over the short, intermediate or long term. The portfolio is usually, but not always fully invested by purchasing equity securities and/or derivatives, which typically include index futures contracts. The fund may also invest in index futures, index put or call options or exchange traded funds as a substitute for the purchase of stocks to achieve desired exposures. The fund may also invest a portion of its assets in real estate investment trusts that own and/or manage properties. The fund has the flexibility to invest in small capitalization U.S. companies. |
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Multi-Cap-Core | Russell Tax-Managed International Equity Fund | 2940 | 0 | |
The fund seeks capital appreciation in the long term on an after-tax basis by investing in companies across any size outside the United States. The fund manages assets with the help of five sub-advisers namely AllianceBernstein LP, Intermede Investment Partners Limited and Intermede Global Partners Inc., Pzena Investment Management LLC, RWC Asset Advisors (US) LLC, and Wellington Management Company LLP. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The multi-manager fund also pursues multi-style investment including growth, value, and market-oriented investing styles. The sub-advisers’ investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities. Next, the research team invests in securities of companies economically tied to non-U.S. countries, including emerging market countries, and in depositary receipts. The fund invests in most of the developed nations of the world to maintain a high degree of diversification among countries and currencies. According to the investment team, countries like Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States have developed markets. Additionally, the fund may also invest in securities of U.S. companies. Generally, the fund invests in large and medium capitalization companies, but may also invest in small capitalization companies. Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level. The manager utilizes quantitative and qualitative analysis to invest in securities for fund assets not allocated to money manager strategies. The adviser buys and sells securities for the fund based on the model portfolio and investment recommendations provided by the sub-advisers. The portfolio is usually, but not always fully invested by purchasing equity securities and/or derivatives, which typically include index futures contracts and forward currency contracts.. |
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Large-Cap-Core | Russell Tax-Managed US Large Cap Fund | 6240 | -0.8 | |
The fund seeks capital appreciation on an after-tax basis in the long term by investing in large-size companies in the United States. The fund manages assets with the help of three sub-advisers namely Barrow, Hanley, Mewhinney & Strauss, LLC, Sustainable Growth Advisers, LP, and J.P. Morgan Investment Management Inc. The multi-manager fund also pursues multi-style investment including growth, value, and market-oriented investing styles. The adviser utilizes quantitative and qualitative analysis to invest in securities for fund assets not allocated to money manager strategies. The adviser buys and sells securities for the fund based on the model portfolio and investment recommendations provided by the sub-advisers. The portfolio is usually, but not always fully invested by purchasing equity securities and/or derivatives, which typically include index futures contracts. The fund may also invest in securities of non-U.S. issuers by purchasing American Depositary Receipts or Global Depositary Receipts. |
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Mid-Cap-Core | Russell Tax-Managed US Mid & Small Cap Fund | 1350 | 0 | |
The fund seeks capital appreciation on an after-tax basis in the long term by investing in small- and mid-size companies in the United States. The investment process starts with a list of companies in the benchmark index and the research team uses quantitative techniques and fundamental analysis to identify investable opportunities. Next, the research team is using fundamental analysis to highlight companies that exhibit capital appreciation characteristics. The portfolio is so constructed as to qualify for long-term capital gains tax treatment. The multi-manager fund also pursues multi-style investment including growth, value, market-oriented and defensive and dynamic investing styles. |
* Net Assets include for all classes