Russell Investment Tax-Managed International Equity Fund Class C (RTNCX)

Overview

The fund is an investment vehicle that focuses on allocating its assets primarily in equity securities, such as common stocks and preferred stocks, of companies that are economically connected to non-U.S. countries. This includes emerging market countries and involves investing in depositary receipts as a method to access non-U.S. equity markets. With an investment approach that seeks to diversify across various geographical markets, the fund maintains a policy whereby it invests at least 80% of its net asset value (plus any borrowings made for investment purposes) in such equity securities. Moreover, a significant portion of the fund's investments, at least 40% and potentially up to the full amount of its assets, is dedicated to entities outside of the U.S., although it does also consider investments in U.S. companies to achieve its objectives.

Products and Services

• Equity Securities of Non-U.S. Companies:

  The fund focuses on investing in common and preferred stocks issued by companies that are economically tied to non-U.S. countries. This includes a broad range of markets from established economies to emerging market countries, aiming to capture growth and diversification benefits from across the globe.

• Depositary Receipts:

  As part of its strategy to gain exposure to non-U.S. markets, the fund invests in depositary receipts. These financial instruments allow the fund to hold shares in foreign companies, offering a more accessible route to invest in overseas markets and potentially benefiting from their economic growth.

• Equity Securities of U.S. Companies:

  In addition to its major focus on non-U.S. entities, the fund also holds the flexibility to invest in equity securities of U.S. companies. This allows for a wider diversification of the investment portfolio and the possibility to capitalize on opportunities within the United States as part of its broader investment strategy.