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Russell Investments Canadian Fixed Income Fund Series O

Canadian Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2025)
$110.38
Change
-$0.34 (-0.31%)

As at May 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2001Jan 2003Jan 2005Jan 2007Jan 2009Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2004Jan 2008Jan 2012Jan 2016Jan 2020Jan 2024$10,000$15,000$20,000$25,000$30,000$35,000$9,500$10,500$11,000$11,500Period

Legend

Russell Investments Canadian Fixed Income Fund Series O

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Fund Returns

Inception Return (August 14, 2000): 4.87%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.26% -0.71% 1.29% 1.46% 7.85% 5.33% 3.89% 0.66% 0.57% 1.67% 2.43% 2.03% 2.23% 2.31%
Benchmark 0.08% -0.97% 0.76% 1.28% 8.93% 4.72% 3.34% 0.32% -0.12% 1.00% 1.83% 1.49% 1.65% 1.76%
Category Average 0.05% -1.01% 0.26% 1.08% 6.32% 4.37% 2.89% -0.32% -0.27% 0.63% 1.28% 0.93% 1.10% 1.11%
Category Rank 56 / 479 65 / 476 27 / 475 86 / 476 33 / 449 74 / 427 80 / 414 78 / 401 63 / 379 38 / 365 35 / 345 32 / 320 22 / 293 25 / 258
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.32% 2.30% 0.49% 1.72% -0.84% 1.35% -0.17% 1.11% 1.07% -0.38% -0.59% 0.26%
Benchmark 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08%

Best Monthly Return Since Inception

4.51% (November 2023)

Worst Monthly Return Since Inception

-3.44% (April 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 3.07% 2.53% 2.81% 1.53% 7.31% 10.16% -1.98% -11.45% 7.03% 4.76%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking 2 1 1 1 1 1 1 2 1 1
Category Rank 67/ 254 48/ 276 44/ 310 52/ 331 32/ 359 26/ 371 45/ 393 143/ 410 98/ 418 93/ 441

Best Calendar Return (Last 10 years)

10.16% (2020)

Worst Calendar Return (Last 10 years)

-11.45% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 42.83
Cash and Equivalents 30.40
Canadian Government Bonds 26.77

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 69.60
Cash and Cash Equivalent 30.40

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
RICL CAD CASH MGT FND SERIES O 29.03
Ontario Province 4.15% 02-Jun-2034 4.52
Quebec Province 5.00% 01-Dec-2041 1.78
British Columbia Province 1.55% 18-Jun-2031 1.18
Canada Government 2.75% 01-Dec-2055 1.18
British Columbia Province 2.20% 18-Jun-2030 1.05
Prince Edward Island Province 2.65% 01-Dec-2051 0.99
Manulife Financial Corp 4.06% 06-Dec-2029 0.99
Toronto-Dominion Bank 4.23% 01-Feb-2030 0.98
Intact Financial Corp 7.34% 30-May-2028 0.96

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12345678910111213-2%0%2%4%6%8%

Russell Investments Canadian Fixed Income Fund Series O

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 6.57% 6.16% 5.21%
Beta 1.01% 1.00% 0.98%
Alpha 0.01% 0.01% 0.01%
Rsquared 0.94% 0.95% 0.95%
Sharpe 0.01% -0.28% 0.14%
Sortino 0.25% -0.49% -0.16%
Treynor 0.00% -0.02% 0.01%
Tax Efficiency 65.98% - 39.74%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.44% 6.57% 6.16% 5.21%
Beta 0.72% 1.01% 1.00% 0.98%
Alpha 0.01% 0.01% 0.01% 0.01%
Rsquared 0.85% 0.94% 0.95% 0.95%
Sharpe 1.19% 0.01% -0.28% 0.14%
Sortino 2.95% 0.25% -0.49% -0.16%
Treynor 0.06% 0.00% -0.02% 0.01%
Tax Efficiency 79.11% 65.98% - 39.74%

Fund Details

Start Date August 14, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $339

Fund Codes

FundServ Code Load Code Sales Status
FRC012
FRC322

Investment Objectives

The Fund’s objective is to provide a stable level of cash flow by investing principally in fixed income securities of Canadian issuers. The investment objective cannot be changed unless unitholders of the Fund approve the change at a meeting.

Investment Strategy

Investment styles this Fund may use include interest rate management, currency management sector selection, security selection and global management. The Fund may invest up to 30% of its net assets in foreign fixed income securities. In order to seek to reduce currency risk, the Fund expects to hedge most of the foreign currency risk inherent in foreign currency securities through the use of forward contracts.

Portfolio Management

Portfolio Manager

Russell Investments Canada Limited

Sub-Advisor

Canso Investment Counsel Ltd.

Beutel Goodman & Company Ltd.

Leith Wheeler Investment Counsel Ltd.

Western Asset Management Company

Management and Organization

Fund Manager

Russell Investments Canada Limited

Custodian

State Street Trust Company Canada

Registrar

International Financial Data Services (Canada) Ltd

Distributor

Russell Investments Canada Limited

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.06%
Management Fee 0.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.00%
Trailer Fee Max (LL) -

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