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 More

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.