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Russell Investments Income Essentials Series B

Global Fixed Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(04-18-2024)
$11.56
Change
-$0.02 (-0.17%)

As at March 31, 2024

As at November 30, 2023

Period
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Legend

Russell Investments Income Essentials Series B

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Fund Returns

Inception Return (March 14, 2008): 3.13%

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 1.57% 1.72% 8.83% 1.72% 5.17% 0.59% 0.14% 3.34% 1.33% 1.58% 1.58% 2.06% 1.70% 2.28%
Benchmark 1.04% 2.83% 9.37% 2.83% 5.66% 2.64% 0.26% 0.62% 1.90% 2.31% 2.72% 3.04% 3.24% 4.26%
Category Average 1.42% 9.52% 9.52% 2.30% 6.66% 1.54% 1.01% 4.45% 2.74% 2.77% 2.74% 3.17% 2.58% 3.02%
Category Rank 276 / 959 733 / 959 642 / 923 733 / 959 751 / 907 771 / 897 677 / 812 528 / 761 636 / 734 535 / 624 448 / 541 391 / 474 341 / 412 269 / 331
Quartile Ranking 2 4 3 4 4 4 4 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.19% -1.99% 0.65% 0.29% -0.64% -2.85% -0.77% 4.53% 3.14% -0.62% 0.77% 1.57%
Benchmark 1.00% -1.55% -1.21% 0.72% 1.08% -3.41% 0.82% 3.70% 1.73% 0.36% 1.41% 1.04%

Best Monthly Return Since Inception

4.73% (April 2020)

Worst Monthly Return Since Inception

-8.26% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.78% 3.10% 3.27% 3.72% -2.36% 8.42% 3.27% 4.33% -11.56% 6.90%
Benchmark 11.35% 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74%
Category Average 6.43% 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71%
Quartile Ranking 3 3 3 3 3 3 4 3 3 3
Category Rank 214/ 324 219/ 399 299/ 461 392/ 538 366/ 614 525/ 705 706/ 761 413/ 812 556/ 866 649/ 907

Best Calendar Return (Last 10 years)

8.42% (2019)

Worst Calendar Return (Last 10 years)

-11.56% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 26.75
Canadian Corporate Bonds 15.98
International Equity 13.52
Cash and Equivalents 12.94
US Equity 10.55
Other 20.26

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 54.31
Cash and Cash Equivalent 12.95
Financial Services 5.03
Real Estate 4.48
Technology 4.21
Other 19.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 83.08
Europe 7.70
Asia 6.52
Latin America 1.59
Multi-National 0.68
Other 0.43

Top Holdings

Top Holdings
Name Percent
Russell Investments Fixed Income Pool Series O 50.96
Russell Investments Canadian Dividend Pool O 9.05
Russell Investments Global Credit Pool O 6.01
Russell Investments Yield Opportunities Pool B 5.00
Russell Investments Global Equity Pool Series O 4.99
Russell Investments Global Unconstrain Bond Pl O 4.98
Russell Investments Global Real Estate Pool O 3.01
Russell Investments Global Infrastructure Pool O 3.01
Russell Investments US Equity Pool Series O 3.00
Russell Investments Overseas Equity Pool Ser O 2.99

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 Income Essentials Series B

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 7.68% 7.77% 6.05%
Beta 0.86% 0.80% 0.52%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.68% 0.41% 0.33%
Sharpe -0.29% -0.04% 0.18%
Sortino -0.46% -0.23% -0.12%
Treynor -0.03% 0.00% 0.02%
Tax Efficiency - 50.55% 67.60%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 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 7.13% 7.68% 7.77% 6.05%
Beta 0.95% 0.86% 0.80% 0.52%
Alpha 0.00% 0.00% 0.00% 0.00%
Rsquared 0.70% 0.68% 0.41% 0.33%
Sharpe 0.08% -0.29% -0.04% 0.18%
Sortino 0.55% -0.46% -0.23% -0.12%
Treynor 0.01% -0.03% 0.00% 0.02%
Tax Efficiency 90.31% - 50.55% 67.60%

Fund Details

Start Date March 14, 2008
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $121

Fund Codes

FundServ Code Load Code Sales Status
FRC811
FRC812
FRC813
FRC814

Investment Objectives

The Fund’s investment objective is to provide income and some long-term capital growth primarily through investments in and exposure to fixed income securities and, to a lesser extent, Canadian and foreign equity securities, either directly or through investments 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, change the weighting of the Underlying Funds or discontinue investing in Underlying Funds at any time without advance notice.

Portfolio Manager(s)

Name Start Date
Russell Investments Canada Limited 03-17-2008

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

Fees

MER 2.09%
Management Fee 1.75%
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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