Russell Investments Hedged Global Shares Fund

Russell Investments Hedged Global Shares Fund

PIE Fund

  • 22-Global-Shares-hedged-Fund

The Russell Investments Hedged Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio, which is typically hedged to New Zealand Dollars. Click here to download the Fund Fact Sheet.

  • Diversified, actively managed portfolio of global shares.
  • Access to specialist investment expertise and skills.
  • Access to the tax benefits associated with Portfolio Investment Entity tax regime.
  • The Russell Investments Hedged Global Shares Fund targets being fully hedged to New Zealand Dollars.
  • The assets of each Russell Investment Fund are held and administered by the Public Trust in a custodial nominee account (Public Trust RIF Nominees Limited) providing investors with the peace of mind in knowing their assets are held in independent, professional custody.
Investment Manager Russell Investments
Investment Policy and Objectives Provides exposure to international shares and is actively managed using a multi-manager approach. Targets being fully hedged back to New Zealand dollars.
Objective: to provide a total return, before costs and tax, higher than the Russell Global Large Cap NZ Hedged – Net Index over the long term (3 years plus).
Investment Strategy The underlying investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed markets as well as emerging international markets. Derivatives may be used to obtain or reduce exposure to securities and markets, to implement investment strategies and to manage risk. The Fund targets a position of being fully hedged back to New Zealand Dollars. Due to active currency management by the underlying managers, there will generally be some foreign currency exposure.
Delegated Sub-Investment Manager(s)* The Russell Investments Hedged Global Shares Fund currently invests in the Russell Investments Global Opportunities Fund – $NZ Hedged (an Australian registered managed investment scheme).*  The current underlying specialist managers* are:

  • Sanders Capital, LLC.
  • MFS Investment Manager.
  • Man Numeric Investors.
  • Janus (Perkins).
  • Russell Investments.
  • Wellington Management Company.
  • Tiburon Partners.
  • RWC Partners.
  • J O Hambro Capital Management

The Russell Investments Global Opportunities Fund - $NZ Hedged, targets a position of being fully hedged to the New Zealand Dollar. This hedging policy may change in the future.

Benchmark Russell Investments Global Large Cap $NZ Hedged Net Index
Minimum Investment Timeframe 5+ years

* We and Russell Investments are responsible for selecting appropriate funds and/or appointing sub-investment managers and strategies, and these may change without notice. Details of the current underlying specialist managers can be obtained by contacting us.

Click here to download the Product Disclosure Statement

Click here to download Fund Fact Sheet 

Click here to download Fund Update