Russell Investments
Growth Fund

Investment objective

To provide capital growth over the long term consistent with a portfolio focusing on growth assets, while accepting fluctuations in capital values in the short term.

Investment strategy

The fund typically invests in a diversified portfolio mix with exposure to growth investments of around 90% and defensive investments of around 10%. 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.

Unit price

Russell Investments Growth Fund Unit Price History

Past performance is not a reliable indicator of future performance. This fund does not charge any Buy and Sell costs in addition to the Buy and Sell costs the underlying manager charges Centuria LifeGoals. Therefore, to an Investor in Centuria LifeGoals, the Buy and Sell unit prices do not differ.

Key features

Key features
APIR codeOVS2349AU
Risk level5 – medium to high
Minimum initial investment$500
Regular investment planMinimum monthly deposit of $100
Minimum switching amount$500
Minimum balance$500
Total net management fee1.27% p.a.
Recommended minimum investment periodFive years

Performance

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

1 mth3 mth6 mth1 yr
Net return* (%)-1.16%1.35%7.22%-6.51%

Past performance is not a reliable indicator of future performance.
(*As at 30/09/2020)

Target asset allocation

Benchmark Asset Allocation
Cash1%
Fixed income26%
Defensive alternatives and other5%
Total defensive assets32%
 
Australian shares28%
Global shares28%
Listed property securities4%
Growth alternatives and other8%
Total growth assets68%

 

Invest today

You are one step closer to securing your future. Download the Centuria LifeGoals PDS to start investing today.

You can apply online for a simple and easy application process, or contact us for any investment, product or administrative enquiries.