Markets

Is Russell LifePoints Growth Strategy A Fund (RALAX) Worth Another Look?

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Russell LifePoints Growth Strategy A ( RALAX ) a Zacks Ranked #2 (Buy) seeks to provide high long-term capital appreciation with low current income. RALAX invests its assets in the Class S Shares of several other FRIC funds. Dividends are distributed quarterly. Capital gains are distributed annually.

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Value, Foreign Stock, Intermediate Bond. Further, as of the last filing, RUSSELL SELECT INTL EQUITY FD, RUSSELL GLOBAL EQUITY FD and RUSSELL STRAT BOND FD were the top holdings for RALAX.

The Russell LifePoints Growth Strategy A fund, managed by Russell Funds , carries an expense ratio of 0.56.

RALAX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 6.63%, and 5 year 7.56%. To see how this fund performed compared in its category, please click here .

RALAX's performance, as of the last filing, when compared to funds in its category was in the top 49% over the past 3 years and in the 56% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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