Seeks to provide high long-term capital appreciation with low current income.
A broadly diversified fund of funds, investing in a combination of underlying funds consisting of approximately 80% stocks (U.S. and non-U.S.) and 20% bonds.
Emphasis on stocks for capital appreciation with some exposure to bonds for stability of investment principal.
Core equity exposure blends growth, market-oriented and value styles with exposure to stocks in both U.S., non-U.S. and real estate markets.
Fund highlights
Balances the growth potential of stocks with a small allocation to bonds for stability.
Diversifies across 4 broad asset classes, 8 funds and more than 50 manager products.
Maintains an optimal target asset allocation for a growth investor through regular rebalancing.
Characteristics As of 09/30/2009 Updated quarterly
Total market value (all classes)
$2.92 billion
Net asset value (Class S)
$8.67
Beta (Class S)1
0.93
30-day SEC yield (Class S)2
2.46
1 A statistical measure of a stock's volatility compared with the overall market, as measured by the Russell 3000® Index. A beta of less than one indicates lower risk than the market; a beta of more than one indicates higher risk than the market. The Russell 3000 measures the performance of the 3,000 largest U.S. securities based on total market capitalization.
2 The fund's current yield for the 30-day period ending 09/30/2009
Cusip
Ticker
Class A
782478614
RALAX
Class C
782493381
RALCX
Class E
782493548
RALEX
Class S
782493126
RALSX
Class R1
782478382
RALRX
Class R2
782478374
RALTX
Class R3
782493597
RALDX
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.
For more information on Russell LifePoints® Funds or underlying Russell Funds, contact your investment professional or plan administrator for assistance.
Each of the LifePoints® Funds, Target Portfolio Series, invests its assets in shares of a number of underlying Russell Funds. From time to time, the fund’s adviser may modify the target asset allocation for any fund and/or the underlying funds in which a fund invests. In addition, the funds may in the future invest in other funds which are not currently underlying funds.
Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets.
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.
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