Russell LifePoints 2040 Strategy Fund

Scorecard
2 / 5 Stars
Lipper
2 2 1 3 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
2 / 5 Stars
TheStreet.com
D+ (Sell)

#25 in Target Date 2036-2040

U.S. News evaluated 52 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 17.60 percent over the past year, 8.30 percent over the past three years, and 19.14 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year 17.6%
3 Years (Annualized) 8.3%
5 Years (Annualized) 19.1%
10 Years (Annualized) N/A

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Summary

The investment seeks to provide capital growth and income consistent with its current asset allocation which will change over time, with an increasing allocation to fixed income funds. The fund is a "fund of funds" and invests only in the shares of other Russell Investment Company ("RIC") Funds (the "underlying funds"). It is designed for investors who plan to retire close to 2040. The fund invests in shares of the underlying funds which represent various asset classes. The fund's approximate target allocation as of March 1, 2014 is 79% to equity underlying funds, 10% to fixed income underlying funds and 11% to alternative underlying funds.

Fees

Fees are Average compared to funds in the same category.
Russell LifePoints 2040 Strategy Fund has an expense ratio of 0.25 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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