Russell LifePoints Balanced Strategy fund
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Fund Overview
Advisor
Russell Investment Management, LLC
Objective/Focus:
A broadly diversified fund of funds, investing in a combination of multi-manager underlying funds consisting of approximately 58% equity, 30% fixed income, 8% multi-asset, and 4% alternative. The objective is to provide above-average long-term capital appreciation and a moderate level of current income.
Style:
Value, Growth and Market-Oriented
Russell Investment Group, a Washington USA corporation, operates through subsidiaries worldwide.
Each of the Divisions identified as a LifePoints Variable Target Portfolio Series Fund (LifePoints Fund) is a fund of funds and diversified its assets by investing, at present, in other mutual funds (the "Underlying Fund"). Each LifePoints fund seeks to achieve a specific investment objective by investing in different combinations of the Underlying Funds.
LifePoints® and the Russell Investments logo are registered trademarks and service marks of Russell Investment Group.
No investment strategy can guarantee a profit or protect against a loss.
Fund Facts as of 6/30/2023
Fund Inception
04-30-2007
First Available for Variable Annuity
04-30-2007
First Available for Variable Life
06-30-2011
Net Assets
$210.32 Million
Sector Weightings % of Equities
RIF U.S. Strategic Equity Fund
14.3%
RIF U.S. Small Cap Equity Fund
3.6%
RIF International Developed Markets Fund
4.0%
RIC Global Equity Fund
33.0%
RIC Emerging Markets Fund
2.0%
RIC Global Infrastructure Fund
2.0%
RIF Global Real Estate Securities Fund
2.0%
RIC Unconstrained Total Return Fund
2.0%
RIF Strategic Bond Fund
29.2%
RIC Investment Grade Bond Fund
0.0%
RIC Multi-Strategy Income Fund
7.9%
RIC Multi-Asset Growth Strategy Fund
0.0%