Voya Russell Large Cap Index Portfolio Class A (IRLIX)

Overview

The fund is an investment entity that targets equity securities investments. It ensures that a minimum of 80% of its net assets, in addition to any borrowed funds intended for investment purposes, are allocated towards equities of companies that are, at the time of purchase, part of a specific index. This strategic positioning allows the fund to focus on investments with a clear benchmark, providing a structured pathway for achieving its financial objectives. The fund's commitment to closely tracking the index, either directly through stocks or indirectly via convertible securities, derivatives, or exchange-traded funds that mirror the index's performance, foregrounds its strategic investment approach. This methodology aims to offer investors a balanced and potentially profitable engagement with the equity market, guided by the performance of the selected index.

Products and Services

• Equity Securities of Indexed Companies

  Investments in equity securities of companies which, at the time of purchase, are included in the fund's benchmark index. This forms the core of the fund's investment approach, ensuring that at least 80% of the fund's portfolio is directly aligned with the index's performance.

• Convertible Securities

  The fund invests in convertible securities that offer the potential for conversion into stocks of companies included in the index. These investments provide a flexible way to gain exposure to the equity market, with the added potential for income through interest or dividend payments before conversion.

• Derivatives

  Derivative investments whose economic outcomes are designed to closely replicate the returns of the index or its components. This includes a variety of financial instruments that allow the fund to assume positions on the index's performance without necessarily holding the underlying securities.

• Exchange-Traded Funds (ETFs)

  Investments in ETFs that track the performance of the fund's benchmark index. ETFs provide an efficient way to gain diversified exposure to the index, encapsulating a range of equities in a single, tradable fund unit, further diversifying the fund's investment strategy.