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REMAX Russell Emerging Markets A

  • Fund
  • REMAX
  • Price as of: Dec 06, 2016
  • $15.93
  • + $0.13
  • + 0.82%
  • Category
  • Emerging Markets Equities

REMAX - Profile

Vitals

  • YTD Return 11.9%
  • 3 Yr Annualized Return -3.2%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $2.18 B
  • Holdings in Top 10 16.0%

52 WEEK LOW AND HIGH

$15.93
$12.46
$16.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.77%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 72.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Emerging Markets Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return 11.9%
  • 3 Yr Annualized Total Return -5.1%
  • 5 Yr Annualized Total Return -0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.62%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Russell Emerging Markets Fund
  • Fund Family Name Russell
  • Inception Date Mar 01, 2007
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Gustavo Galindo

REMAX - Performance

Return Ranking - Trailing

Period REMAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.9% -29.2% 254.6% 16.67% 1
1 Yr 8.8% -38.0% 57.7% 19.77% 1
3 Yr -3.2% * -12.2% 16.7% 48.80% 3
5 Yr 0.6% * -11.8% 12.8% 53.15% 3
10 Yr 2.3% * -3.1% 7.1% 35.74% 2

* Annualized


Return Ranking - Calendar

Period REMAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -15.7% -47.4% 3.3% 51.30% 3
2014 -5.6% -40.7% 42.6% 55.44% 4
2013 -5.1% -30.3% 32.4% 65.38% 4
2012 17.5% -10.6% 37.9% 47.57% 3
2011 -22.6% -54.5% 1.7% 61.56% 4

Total Return Ranking - Trailing

Period REMAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.9% -11.8% 254.6% 18.46% 1
1 Yr 2.5% -25.4% 55.8% 59.65% 4
3 Yr -5.1% * -12.7% 16.7% 76.98% 4
5 Yr -0.6% * -12.2% 12.8% 72.07% 4
10 Yr 1.7% * -3.1% 7.1% 46.38% 3

* Annualized


Total Return Ranking - Calendar

Period REMAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -15.7% -24.6% 3.3% 60.31% 4
2014 -3.0% -18.2% 60.9% 50.27% 3
2013 -1.9% -14.9% 60.9% 51.72% 3
2012 19.9% -8.7% 83.1% 55.30% 3
2011 -20.3% -39.8% 2.2% 45.25% 3

NAV & Total Return History

REMAX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

REMAX Category Low Category High REMAX % Rank Quintile
Net Assets 2.18 B 272 64.2 B 5.65% 1
Number of Holdings 781 1 4420 2.90% 1
Net Assets in Top 10 365 M 0 10.7 B 6.67% 2
Weighting of Top 10 16.0% 0.0% 188.6% 29.28% 5

Top 10 Holdings

  1. Samsung Electronics Co Ltd 3.95%
  2. Taiwan Semiconductor Manufacturing Co Ltd 1.79%
  3. Taiwan Semiconductor Manufacturing Co Ltd ADR 1.72%
  4. Tencent Holdings Ltd 2.47%
  5. PJSC Lukoil ADR 1.16%
  6. Itau Unibanco Holding SA ADR 1.20%
  7. Alibaba Group Holding Ltd ADR 1.03%
  8. Industrial And Commercial Bank Of China Ltd H 1.06%
  9. KB Financial Group Inc 0.85%
  10. Reliance Industries Ltd 0.80%

Asset Allocation

Weighting Category Low Category High REMAX % Rank Quintile
Stocks
90.10% 0.00% 100.02% 26.23% 5
Cash
5.83% -94.93% 100.00% 5.07% 1
Other
3.69% -1.37% 99.34% 5.07% 2
Preferred Stocks
0.38% 0.00% 7.87% 8.12% 2
Convertible Bonds
0.00% 0.00% 9.01% 0.72% 2
Bonds
0.00% 0.00% 93.68% 7.25% 3

Stock Sector Breakdown

Weighting Category Low Category High REMAX % Rank Quintile
Financial Services
22.12% 0.00% 43.33% 11.64% 2
Technology
20.70% 0.00% 37.81% 14.56% 3
Consumer Cyclical
9.49% 0.00% 31.98% 22.42% 4
Energy
8.18% 0.00% 23.51% 5.82% 1
Consumer Defense
7.19% 0.00% 43.19% 20.67% 4
Basic Materials
7.10% 0.00% 16.02% 11.79% 2
Communication Services
5.27% 0.00% 20.02% 11.64% 2
Industrials
2.74% 0.00% 33.10% 27.22% 5
Real Estate
2.64% 0.00% 11.55% 12.37% 2
Utilities
2.59% 0.00% 51.13% 14.56% 3
Healthcare
1.83% 0.00% 19.20% 21.98% 4

Stock Geographic Breakdown

Weighting Category Low Category High REMAX % Rank Quintile
Non US
89.73% 0.00% 101.92% 25.51% 4
US
0.37% -5.38% 100.02% 16.23% 3

REMAX - Expenses

Operational Fees

REMAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.77% 0.08% 935.74% 25.58% 3
Management Fee 1.15% 0.03% 2.00% 2.90% 4
12b-1 Fee 0.25% 0.00% 1.00% 3.13% 2
Administrative Fee 0.05% 0.00% 0.55% 7.36% 2

Sales Fees

REMAX Fees (% of AUM) Category Low Category High REMAX Rank Quintile
Front Load 5.75% 0.50% 5.75% 0.75% 4
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

REMAX Fees (% of AUM) Category Low Category High REMAX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

REMAX Fees (% of AUM) Category Low Category High REMAX Rank Quintile
Turnover 72.00% 0.00% 947.00% 8.72% 3

REMAX - Distributions

Dividend Yield Analysis

REMAX Category Low Category High REMAX % Rank Quintile
Dividend Yield 0.1% 0.00% 3.56% 57.61% 4

Dividend Distribution Analysis

REMAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

REMAX Category Low Category High REMAX % Rank Quintile
Net Income Ratio 0.62% -1.67% 5.97% 27.62% 3

Capital Gain Distribution Analysis

REMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

REMAX - Managers

Gustavo Galindo

Manager

Start Date

Nov 01, 2011

Tenure

5.08

Tenure Rank

7.2%

Gustavo Galindo is a portfolio manager for Russell Investments’ emerging markets equity portfolios. Based in New York, Gustavo is the primary portfolio manager for North American based emerging markets funds, as well as the Russell Frontier Markets Equity Fund. He is also the back-up portfolio manager for Dublin-domiciled emerging markets portfolios and the Russell China A fund offering. On the emerging market team, Gustavo selects and monitors managers and is accountable for overall portfolio exposures. Prior to becoming a portfolio manager in 2011, Gustavo was a Senior Research Analyst focused on Emerging Markets for 6 years, in this role, his main function was to identify Emerging Markets equity managers with the ability to potentially achieve superior performance over time. Prior to joining Russell’s emerging markets team in 2005, Gustavo worked in a similar function analyzing global developed money managers in 2003. Before coming to Russell, Gustavo worked for two years in private equity and consulting in Mexico City, where he got significant exposure to global investors and company management teams. His responsibilities included company due diligence and valuation utilizing quantitative models. Gustavo was in the top 10% of his Yale School of Management graduating class in hedge fund analysis and probability modeling. He is fluent in Spanish. Gustavo holds an M.B.A from Yale University, a B.A. (magna cum laude), in Education from the Universidad Panamericana, Mexico, and is a CFA® Charterholder.


Tenure Analysis

Category Low

0.0

Category High

25.1

Category Average

5.02

Category Mode

1.9