About RINYX
The Russell Investments International Developed Markets Fund Class Y is a mutual fund focused on providing long-term capital growth by investing primarily in equities of companies domiciled in developed markets outside the United States. This fund allocates at least 80% of its assets to equity securities, such as common and preferred stocks, as well as depositary receipts, with investments denominated mainly in a variety of foreign currencies. It adopts a multi-manager approach, incorporating value, growth, and market-oriented strategies to capture a broad array of opportunities across international sectors and regions. The portfolio typically holds a diversified mix of companies, with significant exposure to markets in Europe, Asia, and North America. Notable holdings often include leading global firms in technology, healthcare, financial services, and industrials. Benchmarked against the MSCI World ex USA Index, the fund plays a significant role for investors seeking exposure to global equity markets beyond the U.S., offering diversification and access to international economic growth trends.
Fund Family Russell
Category Foreign Large Blend
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RINYX
Share Class Class Y
Index MSCI World ex USA NR USD
RINYX had a total return of 18.99% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.10%.
