Russell Investments Global Shares Fund

Not Mindful

Type: Aggressive fund

Past Returns: 3.93%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.48%

Annual fees, including any membership and % management fee.

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

Fossil Fuel

Agl Energy Ltd 0.03%
Alliant Energy Corp 0.09%
Ameren Corporation 0.25%
Anglo American PLC 0.36%
Archer-Daniels-Midland Co 0.03%
BP PLC 0.80%
Canadian Natural Resources 0.02%
Chevron Corp 0.19%
China Resources Power Holdin 0.05%
China Shenhua Energy Co-H 0.08%
Clp Holdings Ltd 0.07%
Cnooc Ltd 0.04%
Cnooc Ltd-Spon Adr 0.10%
Conocophillips 0.03%
Cosco Shipping Energy Tran-A 0.03%
Dominion Energy Inc 0.03%
Enbridge Inc 0.04%
Engie 0.02%
Eni Spa 0.02%
Eog Resources Inc 0.03%
Equinor Asa 0.02%
Evergy Inc 0.19%
Exxon Mobil Corp 0.20%
Jxtg Holdings Inc 0.01%
Lukoil PJSC-Spon Adr 0.14%
Marathon Petroleum Corp 0.02%
Marubeni Corp 0.02%
Neste Oyj 0.08%
Nextera Energy Inc 0.15%
Nrg Energy Inc 0.20%
Petrobras - Petroleo Bras-Pr 0.19%
Petrobras Distribuidora SA 0.04%
Phillips 66 0.02%
Reliance Industries Ltd 0.18%
Repsol SA 0.01%
Rosneft Oil Co PJSC-Regs Gdr 0.09%
Royal Dutch Shell PLC-A Shs 0.04%
Royal Dutch Shell PLC-B Shs 0.33%
Suncor Energy Inc 0.37%
Total SA 0.05%
Tullow Oil PLC 0.01%
Valero Energy Corp 0.02%
Wec Energy Group Inc 0.13%
Xcel Energy Inc 0.13%

Weapons

Daicel Corp 0.19%
L3Harris Technologies Inc 0.18%
Leidos Holdings Inc 0.19%
Mitsubishi Heavy Industries 0.01%
Qinetiq Group PLC 0.22%
United Technologies Corp 0.29%

Tobacco

Essentra PLC 0.10%

Gambling

Galaxy Entertainment Group L 0.12%

Alcohol

Carlsberg As-B 0.13%
Diageo PLC 0.34%
Heineken Nv 0.40%
Jiangsu Yanghe Brewery -A 0.09%
LVMH Moet Hennessy Louis Vui 0.20%
Stock Spirits Group PLC 0.10%
United Spirits Ltd 0.08%
Want Want China Holdings Ltd 0.13%

GMOs

Basf Se 0.04%
Bayer AG-Reg 0.04%
Dupont De Nemours Inc 0.01%
Novartis AG-Reg 0.31%
Nutrien Ltd 0.01%

Human Rights & Environmental Violations

Archer-Daniels-Midland Co 0.03%
Barrick Gold Corp 0.13%
Chevron Corp 0.19%
Duke Energy Corp 0.05%
Essity Aktiebolag-B 0.15%
Johnson & Johnson 0.83%
Mmc Norilsk Nickel PJSC-Adr 0.09%
Nestle SA-Reg 1.09%
Nutrien Ltd 0.01%
Petroleo Brasileiro-Spon Adr 0.07%
Rio Tinto PLC 0.27%
Royal Dutch Shell PLC-A Shs 0.04%
Royal Dutch Shell PLC-B Shs 0.33%

Animal Testing

Air Products & Chemicals Inc 0.110%
Archer-Daniels-Midland Co 0.030%
Basf Se 0.040%
Bayer AG-Reg 0.040%
Chevron Corp 0.190%
Clorox Company 0.050%
Coca-Cola Co/The 0.050%
Colgate-Palmolive Co 0.120%
Elementis PLC 0.030%
Essity Aktiebolag-B 0.150%
General Mills Inc 0.030%
Glaxosmithkline PLC 0.480%
Johnson & Johnson 0.830%
Kimberly-Clark Corp 0.030%
Kraft Heinz Co/The 0.020%
LVMH Moet Hennessy Louis Vui 0.200%
Nestle SA-Reg 1.090%
Pepsico Inc 0.710%
Procter & Gamble Co/The 0.400%
Reckitt Benckiser Group PLC 0.110%
Royal Dutch Shell PLC-A Shs 0.040%
Royal Dutch Shell PLC-B Shs 0.330%
Tesco PLC 0.360%
Unilever Nv 0.330%
Walgreens Boots Alliance Inc 0.030%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year	Market Average	Fund Annual Return
2020	-7.57%	-2.24%
2019	10.01%	3.32%
2018	7.40%	10.71%
2017	9.64%	13.36%
2016	4.71%	1.36%
2015	14.67%	22.07%
2014	10.13%	11.0%

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Showing the top 10 investments for this fund:

Australian Dollar Cash Deposit (State Street Bank & Trust)
Australia Cash and Equivalents AAA

4.95%
Apple Inc.
United States International Equities

2.01%
Microsoft Corp.
United States International Equities

1.95%
Taiwan Semiconductor-Sp Adr
Taiwan, Province of China International Equities

1.76%
Samsung Electronics Co. Ltd.
Korea, Republic of International Equities

1.68%
Roche Holding AG-Genusschein
Switzerland International Equities

1.18%
Tencent Holdings Ltd.
Hong Kong International Equities

1.16%
Facebook Inc. - Class A
United States International Equities

1.06%
Amazon.Com Inc.
United States International Equities

1.0%
Nestle SA-Reg
Switzerland International Equities

0.94%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

How the money in this fund is invested against the fund's targets.

Target

Actual

Type	Target	Actual
Cash and Cash Equivalents	0.0%	7.86%
New Zealand Fixed Interest	0.0%	0.0%
International Fixed Interest	0.0%	0.0%
Australasian Equities	0.0%	0.65%
International Equities	100.0%	91.07%
Listed Properties	0.0%	0.0%
Unlisted Properties	0.0%	0.0%
Other	0.0%	0.42%
Commodities	0.0%	0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

Issue of concern

Does this fund say it excludes this?

Actual holdings
Adult Entertainment/Pornography:

0.00%
Alcohol:

1.48%
Animal Testing:

5.78%
Fossil Fuels:

4.94%
Gambling:

0.12%
GMOs:

0.41%
Human Rights & Environmental Violations:

3.28%
Palm Oil:

0.00%
Tobacco:

0.10%
Weapons:

1.09%

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"Provides investors with exposure to international shares actively managed using a multi-manager approach with a blend of managers to provide access to leading global specialists."

Value	$86M NZD
Period of data report	Tue June 30th 2020
Members	Not provided
Fund started	Wed Nov. 14th 2012
Total annual fund fees	1.48%
Total performance based fees	0.0%
Manager's basic fee	1.32%
Administration charges	0.16%
Total other charges	0.0
Total other charges currency	NZD

Key Personnel

Jon Eggins	Currently: Senior Portfolio Manager Global Equities Russell Investments (9 years, 4 months) Previously: Senior Research Analyst Russell Investments (2 years, 0 months)
Chris Ellam	Currently: Portfolio Analyst (Global Equities) Russell Investments (5 years, 11 months) Previously: Operations Associate Russell Investments (1 years, 7 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Portfolio holdings v