Russell Absolute Return Equity A Inc (FUND:B3CH656) - Overview

Fund Report

Russell Absolute Return Equity Fund A Inc

Key Stats
Morningstar® CategoryAlt - Market Neutral - Equity
Manager Name-
Inception Date02/09/2008
NAV 07/08/2015GBP 9.28
Day Change-1.25%
12 Month Yield0.03%
ISINIE00B3CH6563
SEDOLB3CH656
Dividend FrequencyQuarterly
Net Assets (mil) 31/07/2015372.25 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time13:00:00
Regular InvestmentNo
Actual Initial Charge5.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.04%
AMC0.60%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

-

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/07/2015

How has this security performed
20112012201320142015
Fund-2.040.881.41-3.630.89
  • Fund: Russell Absolute Return Equity Fund A Inc
  • Category: Alt - Market Neutral - Equity
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 07/08/2015
Fund
YTD-0.50
3 Years Annualised-0.33
5 Years Annualised-0.57
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Absolute Return Equity Fund will attempt to achieve capital appreciation with limited Net Asset Value volatility by primarily investing the assets of the Fund in equity securities which are listed, traded or dealt in on Regulated Markets worldwide (or in respect of which an application for listing on a regulated stock exchange will be sought) and by investing in derivative positions in order to seek to hedge all of the Fund’s underlying market and currency exposures.

Portfolio Profile31/07/2015

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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