Russell LifePoints Growth Strategy Fund Class A

 (MUTF:RALAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.41%  
1 week
   
-0.41%  
4 week
   
-1.23%  
3 month   +0.67%
   
YTD   +1.60%
   
1 year   +4.94%
   
3 years*   +7.64%
   
5 years*   +7.50%
   
*annualized
Best 3 month return+26.38%  
Worst 3 month return-31.14%  

Morningstar statistics

Morningstar category: Aggressive Allocation
  Return Risk Rating
3 years Low Average
5 years Low Average
10 years Below Average Average
Overall Below Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets2.20B 
Front load5.75%  
Deferred load-  
Expense ratio1.36%  
Management fee-  
Fund familyRussell 

Asset allocation

Cash11.63%  
Stocks70.54%  
Bonds12.73%  
Preferred0.16%  
Other4.94%  

Purchase information

Initial$0  
12.07+0.02(0.17%)
Mar 27, 4:00PM 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 in a combination of several other Russell Investment Company ("RIC") funds. The fund 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.
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* -1.74 -2.50 -3.81 -3.30
Beta* 1.28 1.33 1.41 1.43
Mean annual return 0.43 0.73 0.76 0.51
R-squared* 98.80 98.18 98.77 98.13
Standard deviation 7.07 8.36 11.98 13.98
Sharpe ratio 0.73 1.04 0.76 0.33
* Against standard index

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