Russell LifePoints Growth Strategy Fund Class A

 (MUTF:RALAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.09%
   
1 week   +2.22%
   
4 week
   
-0.52%  
3 month   +7.36%
   
YTD   +2.22%
   
1 year
   
-5.05%  
3 years*   +3.12%
   
5 years*   +4.00%
   
*annualized
Best 3 month return+26.38%  
Worst 3 month return-31.14%  

Morningstar statistics

Morningstar category: Allocation--70% to 85% Equity
  Return Risk Rating
3 years Low Average
5 years Low Average
10 years Low Above Average
Overall Low Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets1.70B 
Front load5.75%  
Deferred load-  
Expense ratio1.35%  
Management fee-  
Fund familyRussell 

Asset allocation

Cash12.75%  
Stocks71.83%  
Bonds12.91%  
Preferred0.04%  
Convertible0.01%  
Other2.46%  

Purchase information

Initial$0  
11.53+0.03(0.26%)
May 26, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide high long term capital appreciation, and as a secondary objective, current income. 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 investment adviser intends the fund's 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, 2016 is 71% to equity, 16% to fixed/other income and 13% to alternative asset classes.
Fund filings (PDF) »
Asset managers:
Brian Meath (Started: Jan 10, 2014)
Rob Balkema (Started: Dec 18, 2014)
Advisor Company:
Russell Investment Management Co
Fund family reports on Morningstar »
1301 Second Avenue, 18th Floor, Tacoma WA 98101, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -3.56 -2.31 -3.60 -3.63
Beta* 1.32 1.30 1.39 1.42
Mean annual return -0.38 0.32 0.32 0.35
R-squared* 98.38 98.43 98.22 98.18
Standard deviation 12.03 9.37 11.06 14.30
Sharpe ratio -0.40 0.40 0.34 0.22
* Against standard index

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