- Provider website
- Minimum investment
$5,000
- Fund start date
17 March 2022
There are some aspects of this fund which may require extra consideration before deciding to invest.
Single asset class
Single-class funds, also called "single-sector", hold only one kind of investment (e.g. just shares or just bonds).
See the mix for this investmentMix data not available
There may be no data yet, or the data has issues. So this fund can't yet be compared to others, or to an average.
Mix
Fees
Fees shown here (in purple) are based on what you would pay over a year if you had $10,000 in this fund. Compare with the average fees for managed funds (in grey).
Returns
Returns (in green) show how much this fund has grown in value in five years up to 31 December 2023 – after fees and taxes. Compare with the average managed fund (in grey).
Key facts
Here is what the provider says about this managed fund
“ The fund invests predominantly in infrastructure and infrastructure related securities that are listed, or expected to be listed, within the next six months, on stock exchanges in developed and emerging markets. Companies with more than 25% revenue from coal power generation or thermal coal production are prohibited. The fund also seeks to invest in corporations which follow good governance practices. Foreign currency exposures are largely hedged back to New Zealand dollars. ”
When can you get your money out?
For this managed fund (i.e. not a KiwiSaver fund), see the section of the PDS on withdrawing funds and how this works. Also, look for information about how long it takes to actually get paid after requesting a withdrawal, whether regular withdrawals are possible, and how often.
Mix
Mix not yet available – there may be no data yet, or the data has issues. So this fund can't yet be compared to others, or to an average.
Top 10 investments
These assets make up 31.85% of this fund.
| Asset | Asset class | Type | Country | % of Fund |
|---|---|---|---|---|
| TRANSURBAN GROUP ORDINARY SHARES UNITS STAPLED SECURITIES | Shares | Australasian equities | AU | 4.78% |
| AENA SME S.A. | Shares | International equities | ES | 4.35% |
| NEXTERA ENERGY INC | Shares | International equities | US | 3.85% |
| ES P UT 2403 FUT | Shares | International equities | US | 3.52% |
| CHENIERE ENERGY INC | Shares | International equities | US | 3.46% |
| GETLINK SE | Shares | International equities | FR | 2.81% |
| GRUPO AEROPORTUARIO DEL SURESTE SAB | Shares | International equities | MX | 2.45% |
| SOUTHERN CO COM USD | Shares | International equities | US | 2.38% |
| ATLAS ARTERIA ORDINARY STAPLED SECURITIES | Shares | Australasian equities | AU | 2.16% |
| TARGA RESOURCES IN COM | Shares | International equities | US | 2.09% |
Full list of investments this fund holds
Full_Portfolio_Holdings_Data_Russell Investments Global Listed Infrastructure Fund_2023-09-30.xlsx
A complete list of the fund's holdings
Fees
Fees shown here (in purple) are based on what you would pay over a year if you had $10,000 in this fund. You can compare these with fees for the average managed fund (in grey).
A comparison of averages is not available for this fund. See Mix details for more information.
Fees breakdown
Here's a breakdown of the different charges in this fund (in purple), compared to the average managed fund (in grey).
| Fee Type | % Over a Year | Amount Paid on a 10K Balance |
|---|---|---|
ManagementThis fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance. |
0.89%
|
$89.00
|
OtherThis is a summary of other potential costs not covered in the categories displayed. |
0.20%
|
$20.00
|
Performance-basedThese fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. |
None
|
$0.00
|
MembershipYou pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. |
0.00%
|
$0.00
|
Total combined feesThese are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing. |
1.09%
|
$109.00
|
Returns
For the past five years, this fund returned this average each year to investors (in green). This was after fees and taxes (28% PIR) were taken out. To compare, you can see the average return over the same time for all managed funds (in grey).
A comparison of averages is not available for this fund. See Mix details for more information.
Yearly returns
These annual returns (in green) were for the 12 months up to 31 March 2023. You can compare them to the average managed fund (in grey).
Risks
Specific risks for this fund
Chasing higher returns while investing always increases risks. Several kinds of risks, actually. It is important to evaluate whether the returns are worth it, whether you can cope, and whether this investment will in fact help you achieve your goals. Also, since the way an investment is structured can make it riskier, it's important to understand how it works.
You'll find the specific risks in the Risk section of the PDS, and here's more about understanding risk.
Russell Investment Funds - PDS - 11 March 2024.pdf
How this investment works, including about the provider, risks, costs and potential returns
Risk indicator
This is a gauge of how volatile this investment has been – how much it has gone up and down in value. It has been calculated based on the fund's five-year performance (or an appropriate market index if it has not been around that long).
The left side of this range of numbers indicates a Lower risk
The right side of this range of numbers indicates a Higher risk
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- 2
- 3
- 4
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- 7
The left side of this range of numbers indicates
Potentially
lower returns
The right side of this range numbers indicates
Potentially
higher
returns
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
Russell Investment Funds - PDS - 11 March 2024.pdf
How this investment works, including about the provider, risks, costs and potential returns
Fund update (most recent)
This update from the provider lets you see much of the same information shown here in Smart Investor: how this fund is performing, what it costs and the investments it currently holds.
Russell Investments Global Listed Infrastructure - QFU - 2023-12-31.pdf
The quarterly update published by the provider
Complete asset portfolio
Browse through the complete list of investments held by this fund.
Full_Portfolio_Holdings_Data_Russell Investments Global Listed Infrastructure Fund_2023-09-30.xlsx
A complete list of the fund's holdings
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Russell Investment Funds_Sustainable_Global_Shares_PDS_7_Dec_2021.pdf
Global Listed Infrastructure Fund PDS_16_Mar_2022_Final.pdf
Russell Investment Funds OMI 16 Mar 22 Final.pdf
Russell_Investment_Funds_Sustainable_Global_Shares_Funds_PDS_30_September_2022.pdf
Russell_Investments_Global_Listed_Infrastructure_Fund_PDS_30_September_2022.pdf
Russell Investment Funds OMI September 2022.pdf
Russell_Investment_Funds_Sustainable_Global_Shares_Funds_PDS - 13 April 2023.pdf
Russell_Investments_Global_Listed_Infrastructure_Fund_PDS - 13 April 2023.pdf
Russell Investment Funds OMI - 13 April 2023.pdf
Russell Investments - Real Assets - PDS - 4 December 2023.pdf
Russell Investment Funds - OMI - 4 December 2023.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
Russell Investment Funds - SIPO - 4 December 2023.pdf
Strategies and objectives for this investment
Key personnel
These are the directors and employees who have the most influence on investment decisions for this fund.
| Name | Current position | Time in role |
|---|---|---|
| PATRICK NIKODEM | Senior Portfolio Manager - Equity, Russell Investments | 2 years, 9 months |
| ADRIANNA GIESEY | Portfolio Manager, Equity | 1 year, 6 months |
| BRUCE EIDELSON | Senior Director Real Listed Assets, Russell Investments | 10 months |
| ADRIANNA GIESEY | Portfolio Manager, Equity | 1 year, 6 months |
Additional details
Manager details
Name
FUNDROCK NZ LIMITED
Type
NZ Limited Company
Website
NZBN
9429031398602
FSP Number
Supervisor
Name
PUBLIC TRUST
Fund details
Asset liquidity ratio
100.00%
Total value of fund
$122,177,930.00
Continuous issue
Yes
Default KiwiSaver
No
Lifecycle option
No
Multi-fund option
No
Schedule 1 exemption
No
FMA exemption
No
Number of members
0
Reference numbers
Fund
FND37498: RUSSELL INVESTMENTS GLOBAL LISTED INFRASTRUCTURE FUND
Offer
OFR10646: RUSSELL INVESTMENT FUNDS
Scheme
SCH10586: RUSSELL INVESTMENT FUNDS
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Fund update (most recent)
These are provided to members of the fund (usually once each quarter) to update them on its performance.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. fundrock.com