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Russell Investments Fixed Income Plus Pool Series O

Multi-Sector Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(04-18-2024)
$8.68
Change
-$0.02 (-0.21%)

As at March 31, 2024

As at November 30, 2023

Period
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Legend

Russell Investments Fixed Income Plus Pool Series O

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Fund Returns

Inception Return (December 20, 2011): 2.30%

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 0.81% -0.08% 6.07% -0.08% 3.97% -0.03% -0.85% 1.30% 0.87% 1.31% 1.35% 1.68% 1.55% 1.98%
Benchmark 0.67% 1.56% 7.31% 1.56% 3.76% 2.10% -1.05% -1.60% 0.23% 0.94% 1.24% 1.69% 2.07% 3.07%
Category Average 0.93% 6.51% 6.51% 0.57% 4.70% - - - - - - - - -
Category Rank 189 / 276 229 / 275 173 / 275 229 / 275 161 / 266 174 / 258 154 / 251 145 / 231 139 / 216 98 / 188 77 / 154 82 / 120 59 / 102 37 / 73
Quartile Ranking 3 4 3 4 3 3 3 3 3 3 2 3 3 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.86% -1.08% 0.42% -0.12% -0.20% -1.85% -0.45% 3.59% 2.94% -0.49% -0.40% 0.81%
Benchmark 1.06% -1.59% -2.01% 0.30% 1.72% -2.75% 1.40% 2.81% 1.36% 0.46% 0.43% 0.67%

Best Monthly Return Since Inception

3.59% (November 2023)

Worst Monthly Return Since Inception

-5.44% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.02% 2.45% 3.07% 2.43% 1.15% 5.90% 6.50% 0.85% -11.61% 7.07%
Benchmark 11.01% 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25%
Category Average - - - - - - - - - -
Quartile Ranking 2 2 4 3 1 3 2 2 3 2
Category Rank 33/ 67 27/ 93 88/ 117 103/ 154 22/ 188 139/ 216 69/ 230 66/ 248 183/ 258 99/ 266

Best Calendar Return (Last 10 years)

7.07% (2023)

Worst Calendar Return (Last 10 years)

-11.61% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 47.13
Canadian Corporate Bonds 28.15
Cash and Equivalents 15.97
Foreign Corporate Bonds 4.22
Mortgages 2.65
Other 1.88

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 84.11
Cash and Cash Equivalent 15.98
Real Estate 0.08
Financial Services 0.06
Consumer Services 0.04
Other -0.27

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.46
Multi-National 1.05
Latin America 0.64
Asia 0.06
Europe 0.05
Other -0.26

Top Holdings

Top Holdings
Name Percent
Russell Investments Fixed Income Pool Series O 89.81
CANADIAN DOLLAR 10.61
MARKIT CDX.NA.HY.41 12/28 ICE -0.20
US DOLLAR -0.21

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Russell Investments Fixed Income Plus Pool Series O

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 5.78% 5.58% 4.18%
Beta 0.63% 0.55% 0.31%
Alpha 0.00% 0.01% 0.01%
Rsquared 0.56% 0.38% 0.27%
Sharpe -0.57% -0.16% 0.16%
Sortino -0.83% -0.45% -0.29%
Treynor -0.05% -0.02% 0.02%
Tax Efficiency - - 42.46%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 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 5.43% 5.78% 5.58% 4.18%
Beta 0.64% 0.63% 0.55% 0.31%
Alpha 0.02% 0.00% 0.01% 0.01%
Rsquared 0.44% 0.56% 0.38% 0.27%
Sharpe -0.13% -0.57% -0.16% 0.16%
Sortino 0.37% -0.83% -0.45% -0.29%
Treynor -0.01% -0.05% -0.02% 0.02%
Tax Efficiency 54.02% - - 42.46%

Fund Details

Start Date December 20, 2011
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $6

Fund Codes

FundServ Code Load Code Sales Status
FRC424

Investment Objectives

The Fund’s objective is to provide income primarily through exposure to Canadian and foreign fixed income investments. To achieve its objective, the Fund will invest primarily in other mutual funds. The investment objective cannot be changed unless unitholders of the Fund approve the change at a meeting.

Investment Strategy

To achieve its objective, the Fund invests primarily in Underlying Funds. The decision to invest in an Underlying Fund is based on Russell Investments’ assessment of the market outlook and the Underlying Fund’s ability to help the Fund meet its stated investment objectives. We may replace the Underlying Funds with other Funds or change the weighting of the Underlying Funds at any time without advance notice.

Portfolio Manager(s)

Name Start Date
Russell Investments Canada Limited 12-15-2011
Western Asset Management Company, LLC 07-29-2023
Joshua Lofgren 10-04-2023

Management and Organization

Fund Manager Russell Investments Canada Limited
Advisor Russell Investments Canada Limited
Custodian State Street Trust Company Canada
Registrar International Financial Data Services (Canada) Ltd
Distributor Russell Investments Canada Limited
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.18%
Management Fee 0.55%
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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