In this fund, Russell selects the managers for their expertise in emerging markets. Our research indicates that country effects are more important in emerging markets than in other asset classes, so we give this fund's money managers greater discretion to make country bets than would be typical in our other non-U.S. funds. We use multiple managers with different strategies to help manage the risk associated with this approach.
Management strategies within the fund vary widely, with some managers emphasizing country and/or sector research, some using a more quantitative approach, and others taking a more bottom-up approach to individual stock selection.
– Scott Crawshaw
Allocation of fund assets As of 09/10/2009
% Allocated
Year assigned
Portfolio manager
Growth
T. Rowe Price International, Inc.
15%
2002
Chris Alderson
UBS Global Asset Management (Americas), Inc.
10%
2007
Joe Devine
Market-oriented
Arrowstreet Capital, Limited Partnership
20%
2003
Tuomo Vuolteenaho
Genesis Asset Managers, LLP
20%
1990
Paul Ballantyne, Andrew Elder
Harding Loevner, LLC
15%
2006
Rusty Johnson
Value
Alliance Bernstein, L.P.
20%
1999
Henry D'Auria
Managing money differently The Russell approach has been trusted for decades by many of the world's largest investors; our mutual funds allow you to employ that same approach. We identify investment managers we believe have exceptional capabilities, blend them to help manage risk through diversification, and constantly monitor them. Regardless of market conditions, Russell's investment approach remains constant.
Money managers listed are current as of 09/30/2009. Subject to the fund's board approval, Russell has the right to engage or terminate a money manager at any time and without a shareholder vote, based on an exemptive order from the Securities and Exchange Commission.
Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and to political systems which can be expected to have less stability than those of more developed countries. Securities may be less liquid and more volatile than U.S. and longer-established non-U.S. markets.
Fund objectives, risks, charges and expenses should be carefully considered before investing. For a prospectus containing this and other important information call Russell at 1-866-676-7680 or go to the prospectus and reports page to download one. Please read the prospectus carefully before investing.
On September 2, 2008, the name of the Emerging Markets Fund changed to the Russell Emerging Markets Fund.
Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets.
For more information on Russell Funds, contact your investment professional or plan administrator for assistance.
Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.
The Russell logo is a trademark and service mark of Russell Investments.
Securities products and services offered through Russell Financial Services, Inc., member FINRA, part of Russell Investments. For information on the Financial Industry Regulatory Authority, go to www.finra.org.
Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.
Products and services described on this website are intended for United States residents only. Information on this site should not be considered a solicitation to buy or an offer to sell a security to any person. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell's Worldwide site.
In this fund, Russell selects the managers for their expertise in emerging markets. Our research indicates that country effects are more important in emerging markets than in other asset classes, so we give this fund's money managers greater discretion to make country bets than would be typical in our other non-U.S. funds. We use multiple managers with different strategies to help manage the risk associated with this approach.
