Global Equity Fund
Actively managed global stock fund
As of its 2026 Q2 report, Global Equity Fund held 667 positions with $3.84B in net assets. Its ten largest holdings made up 27.2% of the fund. The RGEAX share class costs 1.23% a year. Over the 12 months to May 2026, RGEAX returned 26.2%, with dividends reinvested. In 2026 Q3 it added 369 new positions and exited 118.
The Fund seeks to provide long term capital growth.
The fund invests globally across large and medium capitalization equity securities, with exposure to both developed and emerging markets, and employs multiple money managers using varied styles including growth, value, and defensive approaches. Russell Investment Management allocates assets among these discretionary managers, implements non-discretionary model portfolios, and manages remaining assets using quantitative processes and index-based strategies. The fund may employ long-short strategies through derivatives and typically seeks to remain fully invested, including through index futures and currency forwards. Because the fund's returns depend on the individual security selections and allocations made by its multiple managers, performance will diverge from any single benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund | 5.07% | $194.57M | — | — |
NVDANVIDIA Corp | 3.53% | $135.72M | 680.1K | $199.57 |
GOOGAlphabet Inc | 3.43% | $131.85M | 345.2K | $381.94 |
AMZNAmazon.com Inc | 3.06% | $117.46M | 443.1K | $265.06 |
AAPLApple Inc | 2.81% | $108.10M | 398.4K | $271.35 |
TSMTaiwan Semiconductor Manufacturing Co Ltd | 2.46% | $94.63M | 238.9K | $396.06 |
MSFTMicrosoft Corp | 2.34% | $89.92M | 220.5K | $407.78 |
AVGOBroadcom Inc | 1.75% | $67.42M | 161.5K | $417.43 |
1.75% | $67.35M | 110.1K | $611.91 | |
GOOGLAlphabet Inc | 0.99% | $37.94M | 98.6K | $384.80 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 667 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 91.56% |
| Cash & short-term | 5.07% |
| Derivatives | 0.76% |
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 38.9%
- Information Technology
- 18.5%
- Financials
- 9.2%
- Health Care
- 7.1%
- 10 other sectors
- 26.3%
- International
- 38.9%
- Information Technology
- 18.5%
- Financials
- 9.2%
- Health Care
- 7.1%
- Industrials
- 6.3%
- Communication Services
- 6.3%
- Consumer Discretionary
- 5.1%
- Cash
- 3.9%
- Energy
- 1.5%
- Consumer Staples
- 1.5%
- Real Estate
- 0.7%
- Materials
- 0.5%
- Other
- 0.4%
- Utilities
- 0.1%
How it has done
RGEAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.21%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.23% | +26.17% | +72.92% | +65.86% | -8.45% | |
| 1.98% | +25.25% | +69.17% | +59.35% | -8.72% | |
| 0.98% | +26.50% | +74.30% | +67.41% | -8.40% | |
| 0.78% | +26.75% | +75.30% | +69.24% | -8.35% | |
| 0.88% | +26.60% | +74.85% | +68.36% | -8.40% |
These classes hold the same portfolio, so the 9.88pp spread over 5 years is the cost difference between them — roughly 1.98pp a year — not a difference in what they own.
Fees & fund details
Global Equity Fund is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.78% – 1.98%· RGEAX 1.23%
- Portfolio turnover
- 49.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
369 new· the largest 7
118 exited· the largest 7
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — RGEAX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”