Russell Investments - IM Russell ICVC Defensive Assets Fund
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Russell Investments - IM Russell ICVC Defensive Assets Fund
Type: Oeic fund of funds
Aim: Growth by investing mainly in cash and bond funds through a portfolio of Russell multi-manager funds
Minimum investment: Lump sum £1,000, monthly £100 through regular savings plan subject to £50 a month minimum for each fund
Investment split: 19% global bonds, 19% sterling bonds, 19% corporate bonds, 19% currency/foreign exchange, 19% absolute return equities, 5% cash
Isa link: Yes
Charges: Initial up to 3%, annual up to 1.35%
Commission: Initial up to 3%, renewal 0.5%
Tel: 020 7024 6601
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