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Russell Investments Tax-Managed US Equity Class CDN Dollar Hedged Series B

U.S. Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(05-15-2024)
$10.92
Change
$0.13 (1.16%)

As at April 30, 2024

Period
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Legend

Russell Investments Tax-Managed US Equity Class CDN Dollar Hedged Series B

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Fund Returns

Inception Return (April 05, 2016): 6.09%

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 -4.65% 4.44% 20.82% 5.78% 20.29% 8.55% 2.07% 11.23% 5.26% 5.25% 5.37% 6.15% - -
Benchmark -2.70% 7.00% 19.89% 10.21% 24.18% 16.33% 12.19% 16.16% 13.73% 14.54% 13.35% 15.12% 13.99% 14.98%
Category Average -3.34% 18.94% 18.94% 8.14% 20.65% 12.22% 7.69% 13.48% 10.38% 10.73% 10.14% 11.37% 10.04% 10.81%
Category Rank 1,282 / 1,370 925 / 1,364 521 / 1,349 1,081 / 1,355 816 / 1,285 1,040 / 1,226 1,075 / 1,153 897 / 1,090 960 / 989 875 / 887 805 / 815 706 / 716 - -
Quartile Ranking 4 3 2 4 3 4 4 4 4 4 4 4 - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -0.29% 6.05% 3.14% -2.02% -4.27% -2.67% 9.02% 4.77% 1.29% 5.28% 4.03% -4.65%
Benchmark 0.62% 3.76% 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07% -2.70%

Best Monthly Return Since Inception

12.37% (November 2020)

Worst Monthly Return Since Inception

-17.38% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 14.40% -10.50% 16.82% 8.19% 19.31% -24.49% 23.43%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average 16.59% 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85%
Quartile Ranking - - - 2 4 4 3 4 4 2
Category Rank - - - 357/ 777 801/ 869 880/ 944 775/ 1,057 892/ 1,133 978/ 1,190 488/ 1,254

Best Calendar Return (Last 10 years)

23.43% (2023)

Worst Calendar Return (Last 10 years)

-24.49% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Russell Investments Tax-Managed US Equity Class CDN Dollar Hedged Series B

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 17.41% 18.82% -
Beta 1.11% 1.21% -
Alpha -0.10% -0.10% -
Rsquared 0.86% 0.85% -
Sharpe 0.05% 0.26% -
Sortino 0.04% 0.29% -
Treynor 0.01% 0.04% -
Tax Efficiency 64.91% 81.70% -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 15.32% 17.41% 18.82% -
Beta 1.17% 1.11% 1.21% -
Alpha -0.07% -0.10% -0.10% -
Rsquared 0.79% 0.86% 0.85% -
Sharpe 0.97% 0.05% 0.26% -
Sortino 2.18% 0.04% 0.29% -
Treynor 0.13% 0.01% 0.04% -
Tax Efficiency 99.93% 64.91% 81.70% -

Fund Details

Start Date April 05, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $0

Fund Codes

FundServ Code Load Code Sales Status
FRC4051
FRC4057

Investment Objectives

This Fund’s investment objective is to provide long-term tax-managed capital appreciation primarily through exposure to a select portfolio of equity securities of U.S. issuers listed on recognized stock exchanges. The investment objective cannot be changed unless shareholders of the Fund approve the change at a meeting.

Investment Strategy

To achieve its objective, this Fund invests in Russell Investments Tax-Managed US Equity Pool. Except in respect of CDN Dollar Hedged Series, this Fund will not use derivatives to hedge against changes in the value of its investments caused by changes to the exchange rates between the Canadian dollar and other currencies.

Portfolio Manager(s)

Name Start Date
Russell Investments Canada Limited 04-07-2016

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 No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.42%
Management Fee 1.95%
Load Choice of Front or No Load
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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