Global Equity Fund

RUSSELL INVESTMENT CO · 6 share classes

Actively managed global equity fund
One fund, 6 share classes:RGEAXRGECXRGESXRLGYXRGLRXRGDTX
$3.84B NAV
667 positions · as of 2026-04-30 · filed 2026-06-22

Fund classification

Classified from what the fund holds · as of 2026 Q2

Global Equity Fund is an actively managed global equity fund.

Asset class
Equity
Region
Global
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The Fund seeks to provide long term capital growth.

Strategy · summarised

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.

Expenses
0.78% 1.98%across 6 share classes
Share classGrossNet
RGEAX1.26%1.23%
RGECX2.01%1.98%
RGESX1.01%0.98%
RLGYX0.81%0.78%
RGLRX0.86%0.81%
RGDTX1.01%0.88%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 49.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

97.39%
of net assets
Stocks91.56%
Cash & short-term5.07%
Derivatives0.76%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
International38.2%
Information Technology16.0%
Financials8.5%
Communication Services6.9%
10 smaller30.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 207 new144 exited

Largest new: Chicago Mercantile Exchange ×2, Reckitt Benckiser Group PLC, Roche Holding AG, ICE Futures U.S., Inc., TER, Rolls-Royce Holdings PLC, ALB

Largest exited: Roche Holding AG, ICE Futures U.S., Inc., Chicago Mercantile Exchange, Reckitt Benckiser Group PLC, AstraZeneca PLC, DHR, Deutsche Telekom AG, FERG

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+28.74%-52.32%-88.68%12.68%-63.08%
+27.82%+61.60%+56.34%12.60%-8.72%
+28.93%+66.57%+64.31%12.58%-8.40%
+29.33%+67.49%+66.10%12.59%-8.35%
+29.16%+67.09%+65.26%12.57%-8.40%

These classes hold the same portfolio, so the 154.78pp spread over 5 years is the cost difference between them — roughly 30.96pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund5.07%$194.57M
NVIDIA CorpNVDA3.53%$135.72M
Alphabet IncGOOG3.43%$131.85M
Amazon.com IncAMZN3.06%$117.46M
Apple IncAAPL2.81%$108.10M
Taiwan Semiconductor Manufacturing Co LtdTSM2.46%$94.63M
Microsoft CorpMSFT2.34%$89.92M
Broadcom IncAVGO1.75%$67.42M
Meta Platforms IncMETA1.75%$67.35M
Alphabet IncGOOGL0.99%$37.94M
Showing 10 of 667Sign in to see more

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.

Top 10 positions are 27.21% of net assets, top 25 37.75%, across 525 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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