Equity Growth Strategy Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.7%
1 yr return
13.6%
3 Yr Avg Return
2.9%
5 Yr Avg Return
6.2%
Net Assets
$314 M
Holdings in Top 10
98.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.41%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 66.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
REAAX - Profile
Distributions
- YTD Total Return 2.7%
- 3 Yr Annualized Total Return 2.9%
- 5 Yr Annualized Total Return 6.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameEquity Growth Strategy Fund
-
Fund Family NameRussell Investment Company
-
Inception DateDec 14, 2012
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVenkat Kopanathi
Fund Description
REAAX - Performance
Return Ranking - Trailing
Period | REAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.7% | -3.4% | 16.8% | 40.54% |
1 Yr | 13.6% | -3.5% | 42.8% | 34.46% |
3 Yr | 2.9%* | -9.3% | 9.4% | 30.77% |
5 Yr | 6.2%* | 0.2% | 12.9% | 76.25% |
10 Yr | 5.5%* | -0.6% | 11.2% | 76.42% |
* Annualized
Return Ranking - Calendar
Period | REAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.3% | -6.9% | 29.3% | 6.10% |
2022 | -21.2% | -37.4% | -8.2% | 60.42% |
2021 | 11.6% | -9.8% | 25.4% | 18.37% |
2020 | 1.9% | -21.0% | 25.4% | 80.97% |
2019 | 15.2% | -8.3% | 27.9% | 44.83% |
Total Return Ranking - Trailing
Period | REAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.7% | -3.4% | 16.8% | 40.54% |
1 Yr | 13.6% | -3.5% | 42.8% | 34.46% |
3 Yr | 2.9%* | -9.3% | 9.4% | 30.77% |
5 Yr | 6.2%* | 0.2% | 12.9% | 76.25% |
10 Yr | 5.5%* | -0.6% | 11.2% | 76.42% |
* Annualized
Total Return Ranking - Calendar
Period | REAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.8% | -0.9% | 33.0% | 22.71% |
2022 | -17.0% | -36.0% | -0.9% | 64.58% |
2021 | 20.7% | -7.8% | 33.9% | 10.25% |
2020 | 4.1% | -16.2% | 25.4% | 91.42% |
2019 | 18.7% | 7.3% | 34.8% | 86.21% |
NAV & Total Return History
REAAX - Holdings
Concentration Analysis
REAAX | Category Low | Category High | REAAX % Rank | |
---|---|---|---|---|
Net Assets | 314 M | 1.11 M | 120 B | 76.09% |
Number of Holdings | 11 | 4 | 2543 | 85.86% |
Net Assets in Top 10 | 298 M | 1.06 M | 30.6 B | 73.40% |
Weighting of Top 10 | 98.13% | 19.8% | 102.8% | 16.16% |
Top 10 Holdings
- Global Equity Fund 29.22%
- Multifactor U.S. Equity Fund 20.16%
- U.S. Strategic Equity Fund 10.59%
- Multifactor International Equity Fund 10.06%
- Multi-Asset Growth Strategy Fund 8.01%
- Emerging Markets Fund 5.79%
- U.S. Small Cap Equity Fund 5.47%
- Global Real Estate Securities Fund 4.36%
- Long Duration Bond Fund 2.50%
- Opportunistic Credit Fund 1.99%
Asset Allocation
Weighting | Return Low | Return High | REAAX % Rank | |
---|---|---|---|---|
Stocks | 100.06% | 0.00% | 100.68% | 3.03% |
Convertible Bonds | 1.23% | 0.00% | 26.48% | 14.92% |
Preferred Stocks | 0.00% | 0.00% | 18.32% | 42.42% |
Other | 0.00% | -0.24% | 31.76% | 50.17% |
Cash | 0.00% | -7.71% | 88.58% | 94.61% |
Bonds | 0.00% | 0.00% | 104.15% | 55.89% |
Stock Sector Breakdown
Weighting | Return Low | Return High | REAAX % Rank | |
---|---|---|---|---|
Technology | 18.56% | 3.31% | 52.93% | 49.83% |
Financial Services | 17.23% | 0.28% | 52.80% | 26.78% |
Healthcare | 12.45% | 0.00% | 36.30% | 64.75% |
Consumer Cyclical | 10.11% | 0.00% | 16.01% | 64.07% |
Industrials | 9.06% | 1.16% | 32.55% | 81.02% |
Communication Services | 7.72% | 0.00% | 26.62% | 33.56% |
Real Estate | 7.38% | 0.00% | 33.86% | 26.10% |
Consumer Defense | 6.49% | 0.00% | 14.86% | 57.63% |
Energy | 4.63% | 0.00% | 29.22% | 51.53% |
Basic Materials | 4.37% | 0.00% | 11.49% | 43.05% |
Utilities | 1.99% | 0.00% | 31.67% | 89.15% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | REAAX % Rank | |
---|---|---|---|---|
US | 100.06% | 0.00% | 100.68% | 3.03% |
Non US | 0.00% | 0.00% | 20.23% | 47.47% |
REAAX - Expenses
Operational Fees
REAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.41% | 0.04% | 4.67% | 20.88% |
Management Fee | 0.17% | 0.00% | 1.25% | 44.11% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 26.29% |
Administrative Fee | 0.04% | 0.01% | 0.28% | 25.32% |
Sales Fees
REAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 2.00% | 5.75% | 6.38% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
REAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
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.
REAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 66.00% | 4.00% | 236.00% | 81.14% |
REAAX - Distributions
Dividend Yield Analysis
REAAX | Category Low | Category High | REAAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.19% | 79.46% |
Dividend Distribution Analysis
REAAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
REAAX | Category Low | Category High | REAAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.85% | -1.12% | 6.07% | 17.01% |
Capital Gain Distribution Analysis
REAAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 03, 2024 | $0.076 | OrdinaryDividend |
Oct 05, 2023 | $0.046 | OrdinaryDividend |
Jul 07, 2023 | $0.043 | OrdinaryDividend |
Apr 06, 2023 | $0.078 | OrdinaryDividend |
Oct 06, 2022 | $0.006 | OrdinaryDividend |
Jul 07, 2022 | $0.011 | OrdinaryDividend |
Apr 06, 2022 | $0.260 | OrdinaryDividend |
Oct 06, 2021 | $0.016 | OrdinaryDividend |
Jul 07, 2021 | $0.064 | OrdinaryDividend |
Dec 23, 2020 | $0.060 | OrdinaryDividend |
Oct 06, 2020 | $0.010 | OrdinaryDividend |
Jul 07, 2020 | $0.038 | OrdinaryDividend |
Apr 06, 2020 | $0.128 | OrdinaryDividend |
Dec 24, 2018 | $0.514 | OrdinaryDividend |
Jul 06, 2018 | $0.078 | OrdinaryDividend |
Dec 26, 2017 | $0.262 | OrdinaryDividend |
Apr 06, 2017 | $0.069 | OrdinaryDividend |
Dec 22, 2016 | $0.128 | OrdinaryDividend |
Oct 06, 2016 | $0.030 | OrdinaryDividend |
Jul 07, 2016 | $0.019 | OrdinaryDividend |
Apr 06, 2016 | $0.050 | OrdinaryDividend |
Dec 24, 2015 | $0.073 | OrdinaryDividend |
Oct 06, 2015 | $0.020 | OrdinaryDividend |
Jul 07, 2015 | $0.020 | OrdinaryDividend |
Apr 07, 2015 | $0.029 | OrdinaryDividend |
Dec 29, 2014 | $0.215 | OrdinaryDividend |
Oct 06, 2014 | $0.012 | OrdinaryDividend |
Jul 07, 2014 | $0.002 | OrdinaryDividend |
Apr 04, 2014 | $0.040 | OrdinaryDividend |
Dec 30, 2013 | $0.182 | OrdinaryDividend |
Jul 08, 2013 | $0.002 | OrdinaryDividend |
Apr 04, 2013 | $0.033 | OrdinaryDividend |
Dec 28, 2012 | $0.093 | OrdinaryDividend |
Oct 04, 2012 | $0.025 | OrdinaryDividend |
Apr 05, 2012 | $0.004 | OrdinaryDividend |
Dec 29, 2011 | $0.095 | OrdinaryDividend |
Dec 22, 2010 | $0.116 | OrdinaryDividend |
Apr 07, 2010 | $0.002 | OrdinaryDividend |
Dec 23, 2009 | $0.093 | OrdinaryDividend |
Jul 07, 2009 | $0.003 | OrdinaryDividend |
Apr 06, 2009 | $0.035 | OrdinaryDividend |
Oct 07, 2008 | $0.054 | OrdinaryDividend |
Jul 08, 2008 | $0.005 | OrdinaryDividend |
Apr 07, 2008 | $0.015 | OrdinaryDividend |
Dec 21, 2007 | $0.466 | OrdinaryDividend |
Apr 09, 2007 | $0.018 | OrdinaryDividend |
Dec 21, 2006 | $0.302 | OrdinaryDividend |
Oct 06, 2006 | $0.005 | OrdinaryDividend |
Jul 10, 2006 | $0.003 | OrdinaryDividend |
Apr 07, 2006 | $0.025 | OrdinaryDividend |
Dec 23, 2005 | $0.071 | OrdinaryDividend |
Jul 08, 2005 | $0.006 | OrdinaryDividend |
Apr 07, 2005 | $0.016 | OrdinaryDividend |
Dec 27, 2004 | $0.090 | OrdinaryDividend |
Apr 07, 2004 | $0.018 | OrdinaryDividend |
Dec 30, 2003 | $0.071 | OrdinaryDividend |
Oct 07, 2003 | $0.010 | OrdinaryDividend |
Jul 07, 2003 | $0.007 | OrdinaryDividend |
Apr 07, 2003 | $0.012 | OrdinaryDividend |
REAAX - Fund Manager Analysis
Managers
Venkat Kopanathi
Start Date
Tenure
Tenure Rank
Jun 08, 2021
0.98
1.0%
Venkat Kopanathi is portfolio manager specialized under multi-asset
Rob Balkema
Start Date
Tenure
Tenure Rank
Apr 12, 2022
0.13
0.1%
Rob Balkema, CFA Portfolio Manager, Multi-Asset Solutions Rob Balkema is a portfolio manager working on Russell Investments’ multi-asset funds, based in New York. In this role, Rob manages Russell Investments’ fiduciary solutions mandates which integrate Russell Investments’ equity, fixed income, real asset and alternative capabilities globally. He is tasked with creating strategic asset allocations for the portfolios, selecting active strategies or passive alternatives to populate asset classes and dynamically positioning the total portfolio in order to help clients achieve their objectives. Prior to his current role, Rob was a senior analyst in the investment process and risk group. In this role, Rob focused on improving the measurement, evaluation and enhancement of Russell Investments’ portfolio management practice. From 2006 until 2009, Rob was based in Seattle as a member of the global equity team, serving in multiple capacities. He was responsible for evaluating asset management firms worldwide that offer global, international and emerging market equity mandates and supported portfolio managers in the structuring and monitoring of Russell Investments’ global equity strategies. Rob holds a B.A. in Economics from Harvard College and holds a Chartered Financial Analyst® designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 38.44 | 7.41 | 2.41 |