Russell LifePoints Equity Growth Strategy Fund Class S

 (MUTF:RELSX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.17%  
1 week
   
-0.58%  
4 week
   
-0.26%  
3 month   +3.63%
   
YTD   +4.95%
   
1 year   +14.39%
   
3 years*   +9.22%
   
5 years*   +12.38%
   
*annualized
Best 3 month return+31.56%  
Worst 3 month return-35.95%  

Morningstar statistics

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

Key statistics

Total assets1.02B 
Front load-  
Deferred load-  
Expense ratio1.27%  
Management fee-  
Fund familyRussell 

Asset allocation

Cash10.21%  
Stocks78.67%  
Bonds7.18%  
Preferred0.11%  
Other3.83%  

Purchase information

Initial$0  
AIP Initial$0  
AIP Additional$25  
11.75-0.19(-1.59%)
Jul 31, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide high long-term capital appreciation. 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 "underlying 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. The fund's approximate target strategic allocation is 73% to equity underlying funds, 8% to fixed income underlying funds and 19% to alternative underlying funds.
Fund filings (PDF) »
Asset manager:
Brian Meath (Started: Jan 10, 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* 2.81 3.80 3.97 -0.55
Beta* 0.77 0.81 0.85 0.85
Mean annual return 1.55 0.78 1.18 0.63
R-squared* 90.29 93.90 93.12 91.64
Standard deviation 8.63 13.78 14.82 16.74
Sharpe ratio 2.14 0.68 0.95 0.36
* Against standard index

Top 10 holdings