Fund Evaluator:
Russell Inv Emerging Markets A (REMAX)
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Fund Details
Russell Inv Emerging Markets A Overview
Russell Inv Emerging Markets A (REMAX) is an actively managed International Equity Diversified Emerging Mkts fund. Russell launched the fund in 2007.
The investment seeks long-term capital growth. The fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in emerging market companies. The fund principally invests in equity securities, including common stocks and preferred stocks, of companies economically tied to emerging market countries and in depositary receipts representing shares in such companies.
About Russell Inv Emerging Markets A (REMAX)
There are 1 members of the management team with an average tenure of 7.09 years: Soeren Soerensen (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI EM NR USD index with a weighting of 100%. Russell Inv Emerging Markets A has 579 securities in its portfolio. The top 10 holdings constitute 36.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Russell Inv Emerging Markets A is part of the Equity global asset class and is within the International Equity fund group. Russell Inv Emerging Markets A has 97.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.1%. There is 97.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Russell Inv Emerging Markets A has 2.0% of the portfolio in cash.
Assets Under Management
The fund has $11 million in total assets, which is below the $967 million average for the Diversified Emerging Mkts category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
REMAX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Russell Inv Emerging Markets A expense ratio is high compared to funds in the Diversified Emerging Mkts category. Russell Inv Emerging Markets A has an expense ratio of 1.42%, which is 23% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Russell Inv Emerging Markets A has a portfolio turnover rate of 57%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 68% for the Diversified Emerging Mkts category.
Recently, in the month of July 2026, Russell Inv Emerging Markets A returned -5.4%, which earned it a grade of C, as the Diversified Emerging Mkts category had an average return of -4.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Russell Inv Emerging Markets A has a trailing yield of 1.48%, which is below the 1.72% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Russell Inv Emerging Markets A Grades
Year to date, the fund has returned 19.2%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned 35.7% over the past year (grade of C), 18.6% over the past three years (grade of C) and 6.9% per year over the past five years (grade of C) and 7.8% per year over the past 10 years (grade of D).
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REMAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| REMAX Return (NAV) | -5.4% | 2.1% | 35.7% | 18.6% | 6.9% | 7.8% |
| REMAX Grade | C | C | C | C | C | D |
| +/- Category | -0.5% | -0.4% | -0.2% | 0.6% | 0.4% | -0.9% |
| Diversified Emerging Mkts Avg | -4.9% | 2.4% | 35.9% | 17.9% | 6.5% | 8.7% |
| REMAX Tax Cost Ratio | na | na | 0.6% | 0.7% | 1.1% | 0.9% |
REMAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| REMAX Return (NAV) | 19.2% | 33.7% | 7.9% | 8.1% | -22.8% | 0.6% | 9.6% | 18.8% | -16.9% | 35.1% | 11.2% |
| REMAX Grade | C | C | B | D | C | C | F | D | C | D | B |
| +/- Category | 0.1% | 2.3% | 1.7% | -4.0% | -0.2% | 0.8% | -12.0% | -3.1% | -0.5% | -1.5% | 2.6% |
| Diversified Emerging Mkts Avg | 19.1% | 31.4% | 6.2% | 12.1% | -22.6% | -0.2% | 21.6% | 21.9% | -16.4% | 36.6% | 8.6% |
| Risk Measures | |
| Standard Deviation: | 17.1% |
| Total Risk Index: | 1.40 - High |
| Category Risk Index: | 1.02 - Above Average |
| Category Risk Grade: | D (64% Rank) |
| Beta: | 1.11 |
| R-Squared: | 80% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.5% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1170 Mil |
| Fund Total Assets: | $ 12 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 57% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 7.1 years | |||
| Average Tenure: 7.1 years | |||
| Managers (Year): Soerensen Soeren (2019) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 579 |
| % in Top 10 Holdings: | 36.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 97.9% |
Portfolio Allocation |
|
| Domestic Stock: | 0.1% |
| Foreign Stock: | 97.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.0% |
Purchase Information
| Fund Family: | Russell |
| Phone Number: | 800-787-7354 |
| Website: | www.russell.com |
| Status: | Open |
| Inception Date: | March 1, 2007 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.42% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.16% |
| Share Class: | Russell Inv Emerging Markets S |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
