Russell Investments Global Opportunities Fund - $NZ Hedged
Foreign Investment Fund
The Russell Investments Global Opportunities Fund - $NZ Hedged provides unitholders with exposure to an actively managed global shares portfolio, which is typically hedged to New Zealand Dollars. Using a multi-style, multi-manager approach, the fund invests in the major developed markets of the world, has exposure to small capitalisation stocks and may also invest in emerging market securities. Click here to download the Fund Fact Sheet.
- Actively managed portfolio of global shares through a multi-style, multi-manager approach.
- Access to specialist investment expertise and skills.
- Access to the tax benefits associated with the Foreign Investment Fund tax regime.
- The Russell Investments Global Opportunities Fund - $NZ Hedged targets being fully hedged to New Zealand Dollars.
|Investment Manager||Russell Investments|
|Investment Policy and Objectives||The investment objective of the Fund is to provide a total return, before costs and taxes, higher than the Benchmark over the long term by having an underlying exposure to a diversified portfolio of international shares, targeting a position of being fully hedged back to New Zealand Dollars. The investment policy of the Fund is to be invested with the intent that the Fund's principal investment policy will be investment in equity securities in any country.|
|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 strategies and to manage risk. The Fund targets a position of being fully hedged back to New Zealand Dollars.|
|Delegated Sub-Investment Manager(s)*||The Russell Investments Global Opportunities Fund - $NZ Hedged invests in a diverse portfolio of international shares managed by specialist managers selected on the advice of Russell Investments. The current underlying specialist managers* are:
The Russell InvestmentsGlobal 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.