Morningstar Fund Report  | 17/04/2025Print

OpenWorld plc - Russell Investments Global High Dividend Equity B EURO INCOME

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
OpenWorld plc - Russell Investments Global High Dividend Equity B EURO INCOME
Fund15.6-0.13.47.8-0.6
+/-Cat-2.60.6-3.9-2.6-1.4
+/-B’mrk-4.7-6.9-1.4-5.5-1.3
 
Category: Global Equity Income
Category Benchmark: Morningstar Gbl High Div Yl...
Key Stats
NAV
15/04/2025		 EUR 1547.26
Day Change -0.52%
Morningstar Category™ Global Equity Income
ISIN IE00B3YRTR77
Fund Size (Mil)
15/04/2025		 USD 243.07
Share Class Size (Mil)
15/04/2025		 EUR 2.49
Max Initial Charge 5.00%
Ongoing Charge
12/02/2025		  1.95%
Investment Objective: OpenWorld plc - Russell Investments Global High Dividend Equity B EURO INCOME
The Fund aims to provide long-term capital appreciation from a portfolio comprised predominantly of Equities and Equity-Related Instruments.
Returns
Trailing Returns (GBP)15/04/2025
YTD-7.21
3 Years Annualised1.23
5 Years Annualised7.22
10 Years Annualised4.44
12 Month Yield 2.42
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
William Pearce
31/12/2019
Inception Date
28/07/2010

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR USDMorningstar Gbl High Div Yld NR USD
Portfolio Profile for  OpenWorld plc - Russell Investments Global High Dividend Equity B EURO INCOME31/01/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.010.8094.21
Bond0.080.030.05
Property0.000.000.00
Cash5.880.135.74
Other0.000.01-0.01
Top 5 Regions%
United States58.47
Eurozone13.36
United Kingdom8.12
Japan6.30
Europe - ex Euro6.11
Top 5 Sectors%
Financial Services19.72
Technology19.13
Healthcare17.51
Consumer Defensive11.88
Industrials9.87
Top 5 HoldingsSector%
Russell Inv US Dollar Cash II SW... 2.59
Microsoft CorpTechnologyTechnology1.44
Cisco Systems IncTechnologyTechnology1.43
Accenture PLC Class ATechnologyTechnology1.33
PepsiCo IncConsumer DefensiveConsumer Defensive1.29
Increase Decrease New since last portfolio
OpenWorld plc - Russell Investments Global High Dividend Equity B EURO INCOME
Growth Of 1000 (GBP) 31/03/2025
Fund:  OpenWorld plc - Russell Investments Global High Dividend Equity B EURO INCOME
Category:  Global Equity Income
Category Index:  Morningstar Gbl High Div Yld NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.1113.08-2.2115.62-0.133.407.82-0.58
+/- Category-0.21-3.84-4.11-2.640.64-3.88-2.57-1.37
+/- Category Index----4.74-6.94-1.35-5.54-1.31
% Rank in Category5486717648786564
Trailing Returns (GBP)15/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.52   -0.88-0.41
1 Week2.54   0.09-0.40
1 Month-6.53   -1.81-0.67
3 Months-9.49   -3.98-1.23
6 Months-7.74   -3.84-3.30
YTD-7.21   -3.77-1.75
1 Year-1.87   -4.44-3.74
3 Years Annualised1.23   -3.69-3.84
5 Years Annualised7.22   -2.81-4.27
10 Years Annualised4.44   -2.91-3.20
 
Category: Global Equity Income
Category Index: Morningstar Gbl High Div Yld NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.58---
20245.26-1.051.961.54
20230.51-0.45-0.263.60
2022-0.01-3.64-0.243.90
20216.324.22-0.925.31
2020-20.2412.05-0.089.50
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageAverage2 star
10-YearLowAverage2 star
OverallBelow AverageAverage2 star
 
Category :  Global Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.16 %
3-Yr Mean Return3.87 %
 
3-Yr Sharpe Ratio-0.02
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl High Div Yld NR USD  Morningstar Gbl Val TME NR USD
3-Yr Beta0.970.95
3-Yr Alpha-3.71-4.32
 
Investment Style Details31/01/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 83317-
Market Capitalisation% of Equity
Giant26.57
Large50.13
Medium20.46
Small2.84
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.410.93
Price/Book2.110.85
Price/Sales1.380.76
Price/Cash Flow10.631.01
Dividend-Yield Factor3.140.92
 
Long-Term Projected Earnings Growth9.051.04
Historical Earnings Growth-0.13-0.03
Sales Growth4.771.37
Cash-Flow Growth0.400.26
Book-Value Growth5.481.14
 
Category: Global Equity Income
Asset Allocation31/01/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.010.8094.21
Bond0.080.030.05
Property0.000.000.00
Cash5.880.135.74
Other0.000.01-0.01
World Regions31/01/2025
 % of EquityRelative to Category
United States58.471.19
Canada2.120.75
Latin America0.471.06
United Kingdom8.120.88
Eurozone13.360.75
Europe - ex Euro6.110.78
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan6.301.47
Australasia0.450.36
Asia - Developed3.230.64
Asia - Emerging1.370.86
 
Category: Global Equity Income
Sector Weightings31/01/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.131.15
Consumer CyclicalConsumer Cyclical7.440.97
Financial ServicesFinancial Services19.720.95
Real EstateReal Estate1.871.25
Consumer DefensiveConsumer Defensive11.881.02
HealthcareHealthcare17.511.37
UtilitiesUtilities2.270.55
Communication ServicesCommunication Services2.350.41
EnergyEnergy3.830.91
IndustrialsIndustrials9.870.81
TechnologyTechnology19.131.22
 
Category: Global Equity Income
Top 10 Holdings31/01/2025
 Portfolio NEW
Total Number of Equity Holdings245
Total Number of Bond Holdings1
Assets in Top 10 Holdings14.19
NameSectorCountry% of Assets
Russell Inv US Dollar Cash II SW Roll UpIreland2.59
Microsoft Corp311United States1.44
Cisco Systems Inc311United States1.43
Accenture PLC Class A311United States1.33
PepsiCo Inc205United States1.29
McDonald's Corp102United States1.26
Apple Inc311United States1.25
Visa Inc Class A103United States1.25
Texas Instruments Inc311United States1.19
Procter & Gamble Co205United States1.18
 
Increase Decrease New since last portfolio
Category: Global Equity Income
 
Management
Name of CompanyRussell Investments Ireland Limited
Phone-
Website -
Address78 Sir John Rogerson’s Quay
 Dublin   -
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date28/07/2010
Fund Advisor(s)
Russell Investments Limited
Fund ManagerWilliam Pearce
Manager Start Date31/12/2019
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.80%
Ongoing Charge1.95%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes