Russell Investments Balanced Fund

Russell Investments

Investment objective

To provide returns over the medium to long term, with moderate to high volatility, consistent with a diversified mix of predominantly growth-oriented assets and some defensive assets.

Investment strategy

The fund typically invests in a diversified portfolio mix with exposure to growth investments of around 70% and defensive investments of around 30%. Derivatives may be used to implement investment strategies.

Investment manager

Russell Investments Management Limited (Russell Investments), a global asset manager, is one of only a few firms that offers actively managed multi-asset portfolios and services that include advice, investments and implementation. Russell Investments provides solutions for institutional investors, financial advisers and individuals working with their advisers – using the firm’s core capabilities that extend across capital market insights, manager research, asset allocation, portfolio implementation and factor exposures – to help each achieve their desired investment outcomes. Russell Investments works with more than 2,500 institutional clients, distribution partners and individual investors globally. Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centres such as London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, Toronto and New York.

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Unit price

Unit price

Russell Investments Balanced Fund Unit Price History

Past performance is not a reliable indicator of future performance. 


The performance of your investment is measured after taxes and fees within this tax paid fund.

1 mth 3 mth 6 mth 1 yr 2 yrs 3 yrs
Net return* (%) -1.80% 1.22% 7.07% 4.55% 2.94% 2.03%

Past performance is not a reliable indicator of future performance.
(*As at 30/04/2024)

Key features

Key features
APIR code OVS9487AU
Risk level 4 – medium
Minimum initial investment $500
Regular investment plan Minimum monthly deposit of $100
Minimum switching amount $500
Minimum balance $500
Total estimated fees and costs 0.91% p.a.
Recommended minimum investment period Five years

Target asset allocation

Asset class Min % Max %
Australian equities 15 60
International shares 15 60
Cash and fixed interest 10 50
Alternatives 0 35

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