Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Russell Investments Short Term Income Class Series B
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-03-2026) |
$7.83 |
|---|---|
| Change |
$0.00
(0.06%)
|
As at May 31, 2026
As at May 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (June 29, 2012): 0.65%
| 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 | 0.57% | -0.54% | -0.53% | 0.03% | 0.06% | 1.89% | 2.48% | 1.73% | 0.19% | 0.43% | 0.57% | 0.72% | 0.44% | 0.45% |
| Benchmark | 0.74% | -0.10% | 0.81% | 1.09% | 2.98% | 4.83% | 4.74% | 3.70% | 2.12% | 2.00% | 2.27% | 2.49% | 2.13% | 2.08% |
| Category Average | 0.61% | -0.08% | 0.69% | 0.88% | 2.52% | 4.16% | 4.27% | 3.31% | 1.75% | 1.86% | 1.93% | 2.04% | 1.74% | 1.69% |
| Category Rank | 202 / 302 | 297 / 297 | 292 / 292 | 293 / 293 | 271 / 271 | 242 / 243 | 212 / 214 | 202 / 203 | 190 / 191 | 177 / 180 | 171 / 173 | 165 / 167 | 156 / 158 | 141 / 144 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.13% | -0.22% | 0.25% | 0.56% | 0.01% | -0.14% | -0.57% | 0.09% | 0.49% | -1.08% | -0.03% | 0.57% |
| Benchmark | 0.27% | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% |
Best Monthly Return Since Inception
1.75% (April 2020)
Worst Monthly Return Since Inception
-1.79% (March 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.29% | -0.99% | -0.29% | 1.62% | 3.89% | -1.63% | -6.16% | 3.30% | 4.17% | 0.95% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 115/ 142 | 140/ 146 | 160/ 162 | 156/ 169 | 143/ 179 | 153/ 185 | 192/ 194 | 197/ 206 | 216/ 224 | 261/ 261 |
Best Calendar Return (Last 10 years)
4.17% (2024)
Worst Calendar Return (Last 10 years)
-6.16% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 54.31 |
| Canadian Government Bonds | 23.69 |
| Canadian Bonds - Other | 18.47 |
| Cash and Equivalents | 3.00 |
| Foreign Corporate Bonds | 0.53 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 97.00 |
| Cash and Cash Equivalent | 3.00 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.01 |
| Other | -0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Housing Trust No 1 1.10% 15-Mar-2031 | 7.62 |
| CPPIB Capital Inc 3.60% 02-Jun-2029 | 4.13 |
| CIBC World Markets Inc. Canadian Mortgage Pools 3.12% 01-Jan-2031 | 4.12 |
| CIBC World Markets Inc. Canadian Mortgage Pools 3.00% 01-Sep-2030 | 3.74 |
| Bank of Montreal 4.42% 17-Jun-2029 | 2.61 |
| Toronto-Dominion Bank 4.68% 08-Jan-2029 | 2.53 |
| Bank of Nova Scotia 3.73% 27-Jun-2031 | 2.49 |
| New York Life Global Funding 2.00% 17-Apr-2028 | 2.39 |
| Russell Investments Canadian Cash Fund Series O | 2.38 |
| Toyota Credit Canada Inc 3.55% 04-Oct-2027 | 2.35 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Russell Investments Short Term Income Class Series B
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 1.94% | 2.39% | 1.98% |
|---|---|---|---|
| Beta | 0.92 | 0.93 | 0.92 |
| Alpha | -0.02 | -0.02 | -0.01 |
| Rsquared | 0.86% | 0.89% | 0.84% |
| Sharpe | -0.57 | -1.12 | -0.72 |
| Sortino | -0.39 | -1.29 | -1.39 |
| Treynor | -0.01 | -0.03 | -0.02 |
| Tax Efficiency | 100.00% | 91.02% | 58.91% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.66% | 1.94% | 2.39% | 1.98% |
| Beta | 0.96 | 0.92 | 0.93 | 0.92 |
| Alpha | -0.03 | -0.02 | -0.02 | -0.01 |
| Rsquared | 0.95% | 0.86% | 0.89% | 0.84% |
| Sharpe | -1.38 | -0.57 | -1.12 | -0.72 |
| Sortino | -1.70 | -0.39 | -1.29 | -1.39 |
| Treynor | -0.02 | -0.01 | -0.03 | -0.02 |
| Tax Efficiency | 100.00% | 100.00% | 91.02% | 58.91% |
Fund Details
| Start Date | June 29, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FRC1839 | ||
| FRC1840 | ||
| FRC1841 |
Investment Objectives
The Fund’s investment objective is to provide a stable level of cash flow. To achieve this investment objective, the Fund will obtain exposure principally to short-term, high-quality fixed income securities issued or guaranteed by Canadian federal, provincial or municipal governments or issued by Canadian corporations. Exposure may be direct or indirect from any combination of holding such fixed income securities, investments in other mutual funds and derivatives.
Investment Strategy
To achieve its objective, the Fund invests in Russell Investments Short Term Income Pool. The Fund may use derivatives from time to time for hedging and non-hedging purposes. The Fund may use derivatives to hedge against changes in the value of the Fund’s investments caused by changes to the exchange rates between the Canadian dollar and other currencies.
Portfolio Management
| Portfolio Manager |
Russell Investments Canada Limited |
|---|---|
| Sub-Advisor |
- |
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 | Yes |
| PAC Initial Investment | 0 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
Fees
| MER | 1.70% |
|---|---|
| Management Fee | 0.95% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
