31 July 2024

Russell Investments Euro Liquidity Fund
Fund Objective
The Fund aims to protect the value of investments and achieve income by investing up to 100% of its
assets in Euro-denominated, high-grade, short-term bonds, issued by governments, with a focus on
Euro denominated government issued bonds. This is a Short Term Money Market Fund. The Fund'sperformance will be measured against the Bloomberg Euro Treasury Bill 0-3 Month (the Index).

Fund Update
The Fund offers an attractive yield when compared with its objective, and is well positioned withholdings in well-capitalised banks. The Fund's majority allocation is to low risk, short-dated
instruments.
Mark Klein
Portfolio Manager

Russell Investments' Global Fixed
Income Team comprises over 9
experienced professionals,
including portfolio managers,
researchers, portfolio analysts, andstrategists in Russell Investments
offices around the globe.
The team manages cash and multistrategy fixed income portfolios,
which include global, regional,
investment grade, high yield,
emerging market debt and absolute
return mandates.

Performance Review %Performance to period end
Returns shown in EUR
Return net of management fee Class BRoll Up
Bloomberg Euro Treasury Bill 0-3
Month1month3
6
months months

Year toDate

1year

3years

5years10years

Since
inception

0.2

0.8

1.7

2.0

3.5

1.4

0.5

0.0

0.9

0.2

0.8

1.5

1.8

3.1

1.3

0.6

0.1

1.0

All returns greater than 1 year are annualised

Rolling 12 Month Performance (%)
30/06/23
30/06/24

30/06/22
30/06/23

30/06/21
30/06/22

30/06/20
30/06/21

30/06/19
30/06/20

Return net of management fee Class B Roll Up

3.54

1.19-0.89-0.82-0.74

Bloomberg Euro Treasury Bill 0-3 Month

3.05

1.05

-0.60

-0.48

-0.42

30/06/18
30/06/19

30/06/17
30/06/18

30/06/16
30/06/17

30/06/15
30/06/16

30/06/14
30/06/15

Returns shown in EUR

Fund facts
Share Class; Dealing ccy

Returns shown in EUR

B Roll Up; EUR

Return net of management fee Class B Roll Up

-0.70

-0.73

-0.75

-0.47

-0.11

Dealing frequency; Cut off

Bloomberg Euro Treasury Bill 0-3 Month

-0.42

-0.50

-0.48

-0.23

-0.02

Daily; 12:00 pm GMTDomicile; Category

Past performance does not predict future returns.
Effective August 24, 2021, the Bloomberg Barclays fixed income indices were rebranded the Bloomberg Indices.

Ireland; UCITS
Fund size
EUR 63.50m
Fund launch date
09 December 2016
Share class launch date17 October 2001

Management fee
0.20%
ISIN; Bloomberg
IE00BD0NK873;
Share class NAV
EUR 28.93m

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31 July 2024

Russell Investments Euro Liquidity Fund
Portfolio Statistics

Fund
Fund

Average maturity

0.1

Average credit rating

AA0 - 1 month

50.6%

Average yield

0.01 - 2 months

36.9%

2 - 3 months

8.1%

Over 3 months

4.4%2

31 July 2024

Russell Investments Euro Liquidity Fund

Important Information
This material does not constitute an offer or invitation to anyone in any jurisdiction in which such distribution is not authorised.
Unless otherwise specified, Russell Investments is the source of all data. All information contained in this material is current at the time of issue and, to the best of our knowledge,accurate. Any opinion expressed is that of Russell Investments, is not a statement of fact, is subject to change and does not constitute investment advice.
The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.
Past performance does not predict future returns.
Any reference to returns linked to currencies may increase or decrease as a result of currency fluctuations. Tax treatments depend on the circumstances of the individual
client and may be subject to change in the future.
This is a marketing communication. Please refer to the prospectus of the UCITS and to the KIID/KID before making any final investment decisions.
In the UK this marketing document has been issued by Russell Investments Limited. Company No. 02086230. Registered in England and Wales with registered office at: Rex House,
10 Regent Street, London SW1Y 4PE. Telephone +44 (0)20 7024 6000. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN.In theEU this marketing document has been issued by Russell Investments Ireland Limited. Company No. 213659. Registered in Ireland with registered office at: 78 Sir John Rogerson's
Quay, Dublin 2, Ireland. Authorised and regulated by the Central Bank of Ireland. In the Middle East this marketing document has been issued by Russell Investments Limited aDubai International Financial Centre company which is regulated by the Dubai Financial Services Authority at: Office 4, Level 1, Gate Village Building 3, DIFC, PO Box 506591,Dubai UAE. Telephone +971 4 578 7097.This material should only be marketed towards Professional Clients as defined by the DFSA.
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PaR-00709 (EXP Dec 2024)
M-01562-2024-08-15

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