Join Fund Library now and get free access to personalized features to help you manage your investments.

Russell Investments Fixed Income Class Series B

Canadian Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(04-19-2024)
$10.94
Change
$0.01 (0.13%)

As at March 31, 2024

As at November 30, 2023

Period
Loading...

Legend

Russell Investments Fixed Income Class Series B

Compare Options


Fund Returns

Inception Return (October 27, 2008): 1.91%

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 0.30% -1.87% 5.86% -1.87% 0.14% -1.74% -3.28% -1.92% -1.28% -0.51% -0.41% -0.28% -0.31% 0.36%
Benchmark 0.48% -1.28% 6.84% -1.28% 1.93% -0.14% -1.50% -0.83% 0.22% 1.02% 1.12% 1.15% 1.09% 2.01%
Category Average 0.52% 6.86% 6.86% -1.11% 2.05% -0.60% -2.10% -0.66% -0.15% 0.47% 0.49% 0.61% 0.47% 1.18%
Category Rank 611 / 625 619 / 621 572 / 616 619 / 621 599 / 604 581 / 586 555 / 560 521 / 531 488 / 495 450 / 457 414 / 422 381 / 384 344 / 347 314 / 320
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 0.91% -1.80% -0.07% -1.13% -0.46% -2.93% -0.12% 4.28% 3.58% -1.56% -0.61% 0.30%
Benchmark 0.90% -1.62% -0.04% -1.08% -0.19% -2.62% 0.43% 4.21% 3.42% -1.36% -0.40% 0.48%

Best Monthly Return Since Inception

4.36% (April 2020)

Worst Monthly Return Since Inception

-3.57% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.80% 1.28% 0.80% 1.18% -0.48% 5.52% 7.42% -4.35% -12.81% 4.83%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking 4 4 4 4 4 4 4 4 4 4
Category Rank 273/ 312 298/ 343 323/ 375 343/ 420 403/ 446 405/ 492 463/ 522 546/ 553 506/ 582 585/ 598

Best Calendar Return (Last 10 years)

7.42% (2020)

Worst Calendar Return (Last 10 years)

-12.81% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 54.41
Canadian Corporate Bonds 33.47
Cash and Equivalents 4.56
Mortgages 3.02
Foreign Corporate Bonds 2.55
Other 1.99

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 95.43
Cash and Cash Equivalent 4.57
Financial Services 0.01
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.36
Multi-National 0.32
Latin America 0.18
Asia 0.11
Europe 0.03

Top Holdings

Top Holdings
Name Percent
Russell Investments Canadian Fixed Income Fund O 99.96
CANADIAN DOLLAR 0.04
US DOLLAR 0.00

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Russell Investments Fixed Income Class Series B

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.00% 6.51% 5.15%
Beta 1.05% 1.04% 0.97%
Alpha -0.02% -0.02% -0.02%
Rsquared 0.99% 0.98% 0.97%
Sharpe -0.82% -0.46% -0.17%
Sortino -1.09% -0.81% -0.64%
Treynor -0.05% -0.03% -0.01%
Tax Efficiency - - -
Volatility Volatility rating is 3 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 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.25% 7.00% 6.51% 5.15%
Beta 1.06% 1.05% 1.04% 0.97%
Alpha -0.02% -0.02% -0.02% -0.02%
Rsquared 0.99% 0.99% 0.98% 0.97%
Sharpe -0.60% -0.82% -0.46% -0.17%
Sortino -0.57% -1.09% -0.81% -0.64%
Treynor -0.04% -0.05% -0.03% -0.01%
Tax Efficiency 100.00% - - -

Fund Details

Start Date October 27, 2008
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Capped
Currency CAD
Distribution Frequency Annual
Assets ($mil) $12

Fund Codes

FundServ Code Load Code Sales Status
FRC2032
FRC2036
FRC2037
FRC2038

Investment Objectives

The investment objective is to achieve a high level of current income while protecting capital. The Fund invests in, or obtains exposure to, principally fixed income securities of Canadian issuers. Exposure may be direct or indirect from any combination of holding such fixed income securities, investments in other mutual funds and derivatives. The investment objective cannot be changed unless shareholders of the Fund approve the change at a meeting.

Investment Strategy

The Fund currently invests in Russell Investments Canadian Fixed Income Fund. To the extent that the Fund elects to invest directly in other securities, the Fund expects to observe the following strategies to achieve its primary objective: the Fund will invest primarily in Canadian fixed income securities using the following styles: interest rate management, security selection, global management.

Portfolio Manager(s)

Name Start Date
Russell Investments Canada Limited 10-31-2008

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 1.68%
Management Fee 1.25%
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.