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Russell Investments Multi-Factor Global Balanced Series B

Global Equity Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-18-2024)
$11.92
Change
-$0.01 (-0.11%)

As at March 31, 2024

As at November 30, 2023

As at February 29, 2024

Period
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Legend

Russell Investments Multi-Factor Global Balanced Series B

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Fund Returns

Inception Return (November 23, 2018): 5.34%

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 2.51% 5.34% 13.47% 5.34% 11.20% 4.04% 4.10% 8.28% 4.67% - - - - -
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 2.28% 14.40% 14.40% 6.54% 13.24% 5.19% 4.68% 10.12% 6.26% 5.67% 5.56% 6.20% 5.10% 5.64%
Category Rank 423 / 1,385 1,125 / 1,384 935 / 1,343 1,125 / 1,384 1,004 / 1,308 1,016 / 1,289 784 / 1,146 894 / 1,085 928 / 1,056 - - - - -
Quartile Ranking 2 4 3 4 4 4 3 4 4 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.75% -2.62% 1.73% 1.22% -0.69% -3.28% -1.11% 5.69% 3.06% 0.19% 2.57% 2.51%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

6.33% (April 2020)

Worst Monthly Return Since Inception

-10.16% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 11.16% 4.23% 10.79% -10.62% 10.04%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking - - - - - 4 4 3 2 3
Category Rank - - - - - 910/ 988 899/ 1,083 841/ 1,135 519/ 1,253 907/ 1,303

Best Calendar Return (Last 10 years)

11.16% (2019)

Worst Calendar Return (Last 10 years)

-10.62% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 26.30
International Equity 20.04
Canadian Government Bonds 16.89
Canadian Equity 15.85
Canadian Corporate Bonds 10.08
Other 10.84

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 30.15
Financial Services 10.15
Technology 9.57
Real Estate 7.24
Cash and Cash Equivalent 6.18
Other 36.71

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.15
Europe 12.83
Asia 7.56
Latin America 0.78
Multi-National 0.41
Other 0.27

Top Holdings

Top Holdings
Name Percent
Russell Investments Fixed Income Pool Series O 32.19
Russell Investments Multi-Factor US Equity Pool B 21.78
Russell Investments Multi-Factor Int Equity Pool O 16.78
Russell Investments Multi-Factor Cdn Equity Pool O 15.99
Russell Investments Global Infrastructure Pool O 6.98
Russell Investments Global Real Estate Pool O 5.00
Russell Investments Money Market Pool Series O 0.99
CANADIAN DOLLAR 0.26
US DOLLAR 0.01

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Russell Investments Multi-Factor Global Balanced Series B

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 9.79% 10.23% -
Beta 0.88% 0.95% -
Alpha -0.01% -0.03% -
Rsquared 0.91% 0.90% -
Sharpe 0.19% 0.31% -
Sortino 0.22% 0.28% -
Treynor 0.02% 0.03% -
Tax Efficiency 85.77% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.83% 9.79% 10.23% -
Beta 0.96% 0.88% 0.95% -
Alpha -0.05% -0.01% -0.03% -
Rsquared 0.89% 0.91% 0.90% -
Sharpe 0.71% 0.19% 0.31% -
Sortino 1.66% 0.22% 0.28% -
Treynor 0.07% 0.02% 0.03% -
Tax Efficiency 91.99% 85.77% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date November 23, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $3

Fund Codes

FundServ Code Load Code Sales Status
FRC260

Investment Objectives

The Fund’s investment objective is to provide long-term capital growth with some income, primarily through exposure to Canadian and foreign equity securities and, to a lesser extent, exposure to fixed income investments using multiple factors to select investments. The Fund may invest 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 currently 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 11-21-2018

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 1.99%
Management Fee 1.35%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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