RMLRX: Russell Inv Lifepoints Moderate Strat R1

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

RMLRX Russell Inv Lifepoints Moderate Strat R1

  • Fund
  • RMLRX
  • Price as of: Oct 15, 2019
  • $10.42 + $0.01 + 0.10%

RMLRX - Profile

Vitals

  • YTD Return 9.0%
  • 3 Yr Annualized Return -0.8%
  • 5 Yr Annualized Return -2.4%
  • Net Assets $344 M
  • Holdings in Top 10 93.4%

52 WEEK LOW AND HIGH

$10.42
$9.50
$10.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 9.0%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return -2.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Russell Investments LifePoints Moderate Strategy Fund
  • Fund Family Name Russell
  • Inception Date Oct 03, 2006
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Brian Meath

Fund Description

The fund is a "fund of funds," which seeks to achieve its objective by investing principally in a combination of several other Russell Investment Company Funds. The fund's adviser intends its strategy of investing in a combination of underlying funds to result in investment diversification that an investor could otherwise achieve only by holding numerous individual investments. The fund's approximate target strategic allocation as of March 1, 2019 is 29.5% to equity, 53% to fixed income, 10% to multi-asset and 7.5% to alternative asset classes.

RMLRX - Performance

Return Ranking - Trailing

Period RMLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% -8.7% 19.4% 69.20%
1 Yr 2.8% -24.0% 10.1% 42.86%
3 Yr -0.8%* -10.2% 10.2% 92.68%
5 Yr -2.4%* -8.7% 7.7% 91.10%
10 Yr 0.7%* -2.9% 9.4% 91.52%

* Annualized


Return Ranking - Calendar

Period RMLRX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.7% -32.7% 0.0% 32.02%
2017 5.0% -3.7% 19.3% 78.06%
2016 -0.9% -9.5% 13.7% 92.40%
2015 -14.2% -19.1% 1.0% 98.08%
2014 1.0% -21.3% 8.3% 31.63%

Total Return Ranking - Trailing

Period RMLRX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.0% -8.7% 19.4% 69.89%
1 Yr 2.8% -24.0% 9.9% 56.22%
3 Yr -0.8%* -10.2% 10.2% 94.31%
5 Yr -2.4%* -8.7% 8.0% 94.79%
10 Yr 0.7%* -2.9% 9.4% 94.20%

* Annualized


Total Return Ranking - Calendar

Period RMLRX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.7% -32.7% 0.0% 59.36%
2017 5.0% -3.7% 22.1% 93.06%
2016 -0.9% -9.5% 20.7% 93.27%
2015 -14.2% -15.9% 6.2% 98.40%
2014 1.0% -21.3% 10.1% 74.15%

NAV & Total Return History

RMLRX - Holdings

Concentration Analysis

RMLRX Category Low Category High RMLRX % Rank
Net Assets 344 M 1.73 M 111 B 75.06%
Number of Holdings 70 52 3759 90.97%
Net Assets in Top 10 288 M -15.8 M 19.6 B 42.44%
Weighting of Top 10 93.39% 5.3% 224.0% 5.87%

Top 10 Holdings

  1. Russell Inv Strategic Bond Y 21.90%

  2. Russell Inv Multi-Strategy Income Y 14.37%

  3. Russell Inv Investment Grade Bond Y 12.13%

  4. Russell Inv Unconstrained Total Ret Y 8.13%

  5. Russell Inv US Small Cap Equity Y 7.31%

  6. Russell Inv Global Equity Y 6.90%

  7. Russell Inv Opportunistic Credit Y 6.32%

  8. Russell Inv Emerging Markets Y 5.95%

  9. Russell Inv Multifactor Intl Eq Y 5.64%

  10. Credit Default Swap 4.75%


Asset Allocation

Weighting Return Low Return High RMLRX % Rank
Bonds
58.05% 20.05% 64.02% 5.87%
Stocks
34.32% 20.81% 78.86% 85.55%
Cash
5.65% -10.06% 50.88% 48.31%
Convertible Bonds
1.03% 0.00% 5.94% 14.90%
Other
0.59% -8.20% 48.30% 36.12%
Preferred Stocks
0.35% 0.00% 18.53% 32.51%

Stock Sector Breakdown

Weighting Return Low Return High RMLRX % Rank
Financial Services
6.66% 0.00% 16.11% 65.07%
Technology
5.01% 0.00% 22.00% 76.94%
Industrials
3.98% 0.02% 12.82% 67.58%
Consumer Cyclical
3.16% 0.00% 27.50% 77.85%
Real Estate
3.07% -0.16% 60.06% 42.24%
Healthcare
2.85% 0.00% 13.92% 84.70%
Consumer Defense
2.18% 0.00% 13.50% 86.99%
Basic Materials
2.12% 0.00% 7.38% 42.24%
Energy
1.99% -0.52% 12.30% 77.17%
Utilities
1.93% 0.00% 12.72% 37.44%
Communication Services
1.02% 0.00% 9.51% 73.97%

Stock Geographic Breakdown

Weighting Return Low Return High RMLRX % Rank
Non US
19.13% 0.17% 60.41% 65.01%
US
15.19% -0.12% 62.07% 88.94%

Bond Sector Breakdown

Weighting Return Low Return High RMLRX % Rank
Government
20.26% -28.14% 43.92% 19.86%
Corporate
19.77% -0.53% 49.57% 29.12%
Securitized
19.43% 0.00% 55.61% 4.06%
Cash & Equivalents
14.52% -24.17% 51.73% 16.25%
Municipal
0.04% 0.00% 8.28% 40.18%
Derivative
-8.96% -8.96% 28.96% 99.55%

Bond Geographic Breakdown

Weighting Return Low Return High RMLRX % Rank
US
45.81% -7.69% 53.76% 7.22%
Non US
12.24% -14.45% 40.88% 35.44%

RMLRX - Expenses

Operational Fees

RMLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.07% 26.19% 92.00%
Management Fee 0.20% 0.00% 2.05% 11.24%
12b-1 Fee 0.00% 0.00% 1.00% 15.90%
Administrative Fee 0.04% 0.01% 0.30% 11.63%

Sales Fees

RMLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.20% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

RMLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 2.00% 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.

RMLRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 14.00% 586.00% 5.00%

RMLRX - Distributions

Dividend Yield Analysis

RMLRX Category Low Category High RMLRX % Rank
Dividend Yield 0.00% 0.00% 4.90% 97.75%

Dividend Distribution Analysis

RMLRX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

RMLRX Category Low Category High RMLRX % Rank
Net Income Ratio 3.45% -0.82% 5.19% 8.24%

Capital Gain Distribution Analysis

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

RMLRX - Managers

Brian Meath

Manager

Start Date

Tenure

Tenure Rank

Jan 10, 2014

5.72

5.7%

Brian Meath, CFA Chief Investment Officer, Multi-Asset Solutions, Investment Division B.A., International Studies, University of Washington; Master of International Business Studies, University of South Carolina; CFA Charterholder, CFA Institute; Licensed Registered Representative, FINRA Series 7 and 63 (Russell Financial Services, Inc., member FINRA) Brian has primary responsibility for the oversight of all multi-asset and balanced funds managed by Russell Investments globally. Brian is a player coach, and maintains a role in the day-to-day portfolio management responsibility for customized outsourcing solutions for large institutional clients, a series of commingled multi-asset funds, and a platform of retail mutual funds. He also oversees the multi-asset solutions team globally, which is comprised of three distinct groups, including: the Investment Strategy Team, the Global Client Strategy and Research team and the Multi-Asset Portfolio Management team. Brian re-joined Russell Investments in 2010, having previously been with the firm from 1995 to 2000, where he was head of global equity research. As founder and president of OTA Asset Management, Brian built a multi-strategy hedge fund platform and team that included volatility arbitrage, emerging market local currency debt, capital structure arbitrage, long/short technology, long/short small cap, and quantitative global equity. He set the strategy, managed the asset allocation and built the teams that ran the underlying strategies. Most recently, Brian launched Cause Investments & Effect Foundation, a multi-strategy platform designed to invest according to ESG principles and to donate profits to charity. Brian previously held several positions at Lazard Asset Management, including head of strategic planning and senior managing director of the firm’s business in Australia. Brian’s professional experience began at RCM Capital Management in San Francisco, where he developed the firm’s first coordinated effort to interact with the investment consulting community.


Rob Balkema

Manager

Start Date

Tenure

Tenure Rank

Dec 18, 2014

4.79

4.8%

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

0.05

Category High

27.76

Category Average

6.38

Category Mode

6.75