Russell LifePoints® Funds
Investing made simple
Notice: New allocations for LifePoints Funds Effective, August 15, 2012 LifePoints Funds are designed to simplify the investment decision process so you can focus on the important things in life. By combining different Russell funds into diverse portfolios, LifePoints Funds offer an efficient approach to investing.
The benefits of choosing Russell LifePoints Funds
- Convenience you get a well-diversified investment program in a single fund, using multiple money managers across four asset classes
- Expertise you access some of the world's best money managers, monitored continuously and replaced when necessary
- Flexibility you may select the fund that best fits your needs
Pick the retirement strategy that is right for you
With LifePoints Funds there is no need for do-it-yourself diversification.
Each LifePoints Fund is constructed as a fund of funds, expertly diversified by Russell's multimanager specialists. With one simple investment, your money gains access to the combined
performance of up to thirteen different underlying Russell mutual funds depending on the
Target Portfolio Series
These funds have target allocations, each with their own level of risk and return potential. They help meet the needs of individual investors at every "life point," addressing a variety of time horizons, risk comfort zones and life situations.
Target Distribution Strategies
These funds extend Russell's expertise and capabilities to retirees who plan to begin using the money they've saved during their working years.
The funds are strategically managed to deliver steady and predictable (but not guaranteed) annual distributions over a specific time period while seeking to preserve a portion of the capital initially invested. They are designed to complement other asset allocated strategies to create an overall portfolio designed to meet retirees' current needs for cash flow while investing other assets for future goals.
Target Date Series
Available to plan participants only through employee benefit and employer sponsored plans.
LifePoints Funds, Target Date Series, are intended for plan participants who want professional management and diversification in one portfolio designed to automatically adjust their asset-allocation based on their targeted retirement date. The series includes ten portfoliosnine target date strategy funds and the In Retirement Fund. The nine target date strategy funds include the 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050 & 2055 Strategy Funds.
Contact a financial professional and ask for Russell by name
Russell LifePoints Funds are an exclusive offering only available through financial professionals.
Submit this request form to find financial professionals in your area who are familiar with Russell.
Fund objectives, risks, charges and expenses should be carefully considered before investing. A summary prospectus, if available, or a prospectus containing this and other important information can be obtained by calling 800-787-7354 or by visiting the prospectus and reports page to download one. Please read the prospectus carefully before investing.
The LifePoints® Funds are a series of fund of funds which expose an investor to the risks of the underlying funds proportionate to their allocation. Investment in LifePoints Funds involves direct expenses of each fund and indirect expenses of the underlying funds, which together can be higher than those incurred when investing directly in an underlying fund.
Each of the LifePoints® Funds Target Distribution Strategies funds invests its assets in shares of a number of underlying Russell Funds. Each fund is managed pursuant to a quantitative model and employs a dynamic asset allocation strategy. The underlying funds to which the funds allocate their assets and the percentage allocations will change over time and a fund may not always invest in all of the underlying funds. The funds may also invest in fixed income securities issued or guaranteed by the U.S. government or by its agencies and instrumentalities and in currency futures and options. It is expected that as a fund draws near the end of its term, it may be more effective for it to invest in index and currency futures and options rather than in shares of the underlying funds. In addition, the funds adviser may also manage assets of the underlying funds directly for a variety of purposes.
Each of the LifePoints® Funds, Target Portfolio and Target Date Series funds invests its assets in shares of a number of underlying Russell Funds. The allocation of each Strategy Funds assets to the underlying funds of the Target Date Series is based solely on time horizon and will become more conservative over time until approximately the year indicated in the Funds name, at which time the allocation will remain fixed. The asset allocation of the In Retirement Fund is fixed. From time to time, the funds adviser expects to modify the target strategic asset allocation for any fund and/or the underlying funds in which a fund invests including the addition of new underlying funds. In addition, the funds adviser may also manage assets of the underlying funds directly for a variety of purposes.
Copyright © Russell Investments 2012. All rights reserved.
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 and LifePoints are trademarks and service marks of Russell Investments.
Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets.
As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Rebalancing your portfolio may create tax consequences on the taxable portion.
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.
First used: October 2010
Revised: August 2012
Balancing your future
Value of diversification
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