Equity Growth Strategy Fund Quote
| RELCX Fund | USD 12.14 0.01 0.08% |
Performance6 of 100
| Odds Of DistressLess than 19
|
Equity Growth is trading at 12.14 as of the 24th of April 2024; that is -0.08 percent down since the beginning of the trading day. The fund's open price was 12.15. Equity Growth has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Equity Growth Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund is a fund of funds, which seeks to achieve its objective by investing in a combination of several other Russell Investment Company Funds. The funds investment adviser intends the funds strategy of investing in a combination of underlying funds to result in investment diversification that an investor could otherwise achieve only by holding numerous individual investments.. More on Equity Growth Strategy
Moving together with Equity Mutual Fund
| 0.97 | RNTTX | International Developed | PairCorr |
| 1.0 | RALAX | Growth Strategy | PairCorr |
Equity Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Equity Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Equity Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Russell Funds, Large Blend Funds, Allocation--70% to 85% Equity Funds, Allocation--70% to 85% Equity, Russell (View all Sectors) |
| Update Date | 31st of March 2024 |
Equity Growth Strategy [RELCX] is traded in USA and was established 24th of April 2024. Equity Growth is listed under Russell category by Fama And French industry classification. The fund is listed under Allocation--70% to 85% Equity category and is part of Russell family. This fund at this time has accumulated 576.02 M in assets with no minimum investment requirementsEquity Growth Strategy is currently producing year-to-date (YTD) return of 1.79% with the current yeild of 0.01%, while the total return for the last 3 years was 2.09%.
Check Equity Growth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Equity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Equity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Equity Growth Strategy Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Equity Growth Strategy Mutual Fund Constituents
| REBYX | Us Small Cap | Mutual Fund | Small Blend |
| REMYX | Emerging Markets Fund | Mutual Fund | Diversified Emerging Mkts |
| RGCYX | Global Opportunistic Credit | Mutual Fund | Multisector Bond |
| RLGYX | Global Equity Fund | Mutual Fund | World Large-Stock Blend |
| RMGYX | Multi Asset Growth Strategy | Mutual Fund | World Allocation |
| RREYX | Global Real Estate | Mutual Fund | Global Real Estate |
| RTDYX | Select Equity Fund | Mutual Fund | Large Blend |
Equity Growth Target Price Odds Analysis
Based on a normal probability distribution, the odds of Equity Growth jumping above the current price in 90 days from now is about 48.52%. The Equity Growth Strategy probability density function shows the probability of Equity Growth mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Equity Growth has a beta of 0.9265 indicating Equity Growth Strategy market returns are sensitive to returns on the market. As the market goes up or down, Equity Growth is expected to follow. Additionally, equity Growth Strategy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Equity Growth to move above the current price in 90 days from now is about 48.52 (This Equity Growth Strategy probability density function shows the probability of Equity Mutual Fund to fall within a particular range of prices over 90 days) .
Equity Growth Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Equity Growth market risk premium is the additional return an investor will receive from holding Equity Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Equity Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Equity Growth's alpha and beta are two of the key measurements used to evaluate Equity Growth's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4899 | |||
| Semi Deviation | 0.5636 | |||
| Standard Deviation | 0.6265 | |||
| Variance | 0.3925 |
Equity Growth Against Markets
Picking the right benchmark for Equity Growth mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Equity Growth mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Equity Growth is critical whether you are bullish or bearish towards Equity Growth Strategy at a given time. Please also check how Equity Growth's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Equity Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Equity Mutual Fund?
Before investing in Equity Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Equity Growth. To buy Equity Growth fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Equity Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Equity Growth fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Equity Growth Strategy fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Equity Growth Strategy fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Equity Growth Strategy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Equity Growth Strategy?
The danger of trading Equity Growth Strategy is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Equity Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Equity Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Equity Growth Strategy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Equity Growth Strategy. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Equity Growth Strategy information on this page should be used as a complementary analysis to other Equity Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.