M Share 7 Tax-Managed Model Strategies eKit - Q320
Tax-Managed Model Strategies Historical underlying fund allocations since inception
CONSERVATIVE
MODERATE
BALANCED
TICKER 4/1/03 6/30/06 9/2/08 12/31/10 6/1/15 3/8/17 6/11/19 - PRESENT 4/1/03 6/30/06 9/2/08 12/31/10 6/1/15 3/8/17 6/11/19 - PRESENT 4/1/03 9/2/08 12/31/10 6/1/15 3/8/17 6/11/19 - PRESENT
Tax-Managed U.S. Large Cap
RETSX 17
17
17
13
14
10
8 2 6
25
25
25
21
22
19
18
35
35
32
34
30
30
Tax-Managed U.S. Mid & Small Cap RTSSX Tax-Managed International Equity RTNSX International Developed Markets RINTX
2 8
2 7
4
4
4
3
3
3
3
6
6
4
5
5
5
13
12
12
20
20
18
3
5
11
11
16
17
International Securities* Emerging Markets Global Infrastructure Global Real Estate Securities Tax-Managed Real Assets
N/A
3
3
11
11
16
REMSX RGISX RRESX RTXSX RFCTX RGCSX
2
3
3
4
2 2
2 2
2 2
2 2
2 2
2 2
2
3
3
5 5
6 4
6
Strategic Bond
5 2
5
5
5 2
4
4
Opportunistic Credit**
2
Tax Exempt Bond
RLVSX 22
80
80
73
55 12
59 13
59 15
27
60
60
53
43 11
46 12
44 13
40
40
38
27 10
31 10
31 10
Tax Exempt High Yield Bond Tax Free Money Market*
RTHSX
N/A
58
33
Total:
100
100 100
100
100 100
100
100
100 100
100
100 100
100
100
100
100
100 100
100
GROWTH
EQUITY GROWTH
FUND
TICKER 4/1/03 9/2/08 12/31/10 6/1/15 3/8/17 6/11/19 - PRESENT 4/1/03 9/2/08 12/31/10 6/1/15 3/8/17 6/11/19 - PRESENT
61 10
61 10
52
51
49
50
Tax-Managed U.S. Large Cap
RETSX 49
49
43
45
41
41
Tax-Managed U.S. Mid & Small Cap RTSSX
8
8
6
7
7
7
7
7
7
7
Tax-Managed International Equity International Developed Markets International Securities* Emerging Markets Global Infrastructure Global Real Estate Securities Tax-Managed Real Assets
RTNSX RINTX
26
26
25
28
30
31
Data as of 6/11/2019.
19
21
24
26
N/A
19
24
*These funds closed and are no longer available for sale. **Effective March 1, 2019, the Global Opportunistic Credit Fund was renamed the Opportunistic Credit Fund. The Tax-Managed Real Assets Fund is a new fund without an operating history, which may result in additional risk. There can be no assurance that the Fund will grow to an economically viable size, in which case the Fund may cease operations. In such an event, investors may be required to liquidate or transfer their investments at an inopportune time.
REMSX 4
4
6
5
5
7
RGISX RRESX RTXSX RFCTX RGCSX
2 2
2 2
3 3
3 3
4
5
6
7
Strategic Bond
Opportunistic Credit**
3
3
Tax Exempt Bond
RLVSX 20
20
17
9 9
13
13
5
Tax Exempt High Yield Bond Tax Free Money Market*
RTHSX
9
8
8
8
N/A
Total:
100
100
100
100 100
100
100
100
100
100 100
100
FOR MORE INFORMATION: Visit russellinvestments.com. Fund objectives, risks, charges, and expenses should be carefully considered before investing. A summary prospectus, or a prospectus, containing this and other important information can be obtained by calling 800-787-7354 or by visiting russellinvestments.com. Please read a prospectus carefully before investing.
Financial Services, LLC, member FINRA, part of Russell Investments. Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management. Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand. Copyright © 2020 Russell Investments Group, LLC. All rights reserved. First used: June 2019 Updated January 2020. RIFIS-21630 01-01-416 (01/20)
Russell Investments Model Strategies represent target allocations of Russell Investment Company funds; these models are not managed and cannot be invested in directly and therefore have no actual capital gains associated with the model strategies. The estimated capital gains of the Model Strategies represent the weighted average of each of the strategies component funds. Please see each of the strategies component funds for their estimated capital gains. Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details. Bond investors should carefully consider risks such as interest rate, credit, default and duration risks. An increase in volatility and default risk are inherent in portfolios that invest in high-yield (“junk”) bonds or mortgage-backed securities, with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which
may increase a Fund’s exposure to risks associated with rising rates. Investment in international and emerging market debt is subject to currency fluctuations and to economic and political risks. Certain underlying Funds within the model strategies may invest in derivatives, including futures, options, forwards and swaps. Investments in derivatives may cause the Fund’s losses to be greater than if it invests only in conventional securities and can cause the Fund to be more volatile. Derivatives involve risks different from, or possibly greater than, the risks associated with other investments. The Fund’s use of derivatives may cause the Fund’s investment returns to be impacted by the performance of securities the Fund does not own and result in the Fund’s total investment exposure exceeding the value of its portfolio. This data is for informational purposes only and does not constitute tax advice and should not be relied upon for tax planning. Please refer to Form 1099-DIV or 1099-INT, detailing for federal tax-reporting purposes the amount of the taxable and non-taxable portion of the distribution. You should contact your tax advisor and/or Financial Professional for guidance regarding this information. Russell Investment Company mutual funds are distributed by Russell Investments
Not FDIC Insured · May Lose Value · No Bank Guarantee
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