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Russell Investments Fixed Income Plus Class Series B

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
(04-16-2024)
$7.44
Change
-$0.01 (-0.13%)

As at March 31, 2024

As at November 30, 2023

Period
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Legend

Russell Investments Fixed Income Plus Class Series B

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Fund Returns

Inception Return (January 18, 2012): 0.21%

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 0.56% -0.76% 4.31% -0.76% 1.25% -2.29% -3.19% -0.95% -1.44% -0.96% -0.95% -0.58% -0.66% -0.19%
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 274 / 276 268 / 275 274 / 275 268 / 275 261 / 266 258 / 258 251 / 251 230 / 231 216 / 216 188 / 188 154 / 154 120 / 120 102 / 102 73 / 73
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.63% -1.26% 0.21% -0.27% -0.32% -1.94% -0.74% 3.23% 2.58% -0.79% -0.53% 0.56%
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

3.23% (November 2023)

Worst Monthly Return Since Inception

-6.08% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.05% 0.42% 1.38% -0.01% -1.00% 3.99% 3.62% -1.21% -13.49% 4.41%
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 4 3 4 4 3 4 4 3 4 4
Category Rank 52/ 67 58/ 93 110/ 117 139/ 154 98/ 188 200/ 216 187/ 230 186/ 248 241/ 258 244/ 266

Best Calendar Return (Last 10 years)

4.41% (2023)

Worst Calendar Return (Last 10 years)

-13.49% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 47.03
Canadian Corporate Bonds 28.09
Cash and Equivalents 16.14
Foreign Corporate Bonds 4.22
Mortgages 2.64
Other 1.88

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 83.94
Cash and Cash Equivalent 16.15
Real Estate 0.08
Financial Services 0.06
Consumer Services 0.04
Other -0.27

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.47
Multi-National 1.05
Latin America 0.64
Asia 0.06
Europe 0.05
Other -0.27

Top Holdings

Top Holdings
Name Percent
Russell Investments Fixed Income Plus Pool Ser B 99.80
CANADIAN DOLLAR 0.18
US DOLLAR 0.02

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 Class Series B

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 5.62% 5.58% 4.21%
Beta 0.62% 0.54% 0.31%
Alpha -0.03% -0.02% -0.01%
Rsquared 0.57% 0.36% 0.27%
Sharpe -1.01% -0.58% -0.35%
Sortino -1.27% -0.90% -0.86%
Treynor -0.09% -0.06% -0.05%
Tax Efficiency - - -
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 5.19% 5.62% 5.58% 4.21%
Beta 0.60% 0.62% 0.54% 0.31%
Alpha -0.01% -0.03% -0.02% -0.01%
Rsquared 0.44% 0.57% 0.36% 0.27%
Sharpe -0.65% -1.01% -0.58% -0.35%
Sortino -0.51% -1.27% -0.90% -0.86%
Treynor -0.06% -0.09% -0.06% -0.05%
Tax Efficiency 99.66% - - -

Fund Details

Start Date January 18, 2012
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1

Fund Codes

FundServ Code Load Code Sales Status
FRC4000
FRC4011
FRC4021
FRC4112
FRC4113

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.

Investment Strategy

To achieve its objective, the Fund may invest wholly in Russell Investments Fixed Income Plus Pool which invests partially in Underlying Funds or may invest in Underlying Funds and other investments directly. The decision to invest in an Underlying Portfolio or an Underlying Fund is based on Russell Investments’ assessment of the market outlook and the Underlying Portfolio’s or Underlying Fund’s ability, as applicable, to help the Fund meet its stated investment objectives.

Portfolio Manager(s)

Name Start Date
Russell Investments Canada Limited 07-05-2012

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 0
PAC Subsequent 0
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 0

Fees

MER 2.15%
Management Fee 1.30%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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