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RMGYX
Mutual Fund ticker: NASDAQ
AS OF
Aug 15 closing price
Price
$11.62
Change
+$0.01 (+0.09%)
Net Assets
577M

RMGYX Russell Inv Multi-Asset Strat Y Forecast, Technical & Fundamental Analysis

The investment seeks to provide long term total return with lower volatility than equity markets... Show more

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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Mastercard (NYSE:MA).

Industry description

The investment seeks to provide long term total return with lower volatility than equity markets. The fund’s target strategic asset allocation is 60% to global equity or equity-related securities or instruments, including equity securities of real assets-related companies, and 40% global fixed income or fixed income-related securities or instruments, including high yield debt. However, the fund is not required to allocate its investments in any set proportion and RIM will dynamically manage the fund’s asset allocation based on market conditions generally by up to plus/minus 10% from the fund’s target strategic asset allocations.

Market Cap

The average market capitalization across the Russell Inv Multi-Asset Strat Y MF is 2.58T. The market cap for tickers in the group ranges from 525.86B to 3.87T. MSFT holds the highest valuation in this group at 3.87T. The lowest valued company is MA at 525.86B.

Volume

The average weekly volume growth across all stocks in the Russell Inv Multi-Asset Strat Y MF was -32%. For the same stocks of the MF, the average monthly volume growth was 17% and the average quarterly volume growth was 36%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 64
P/E Growth Rating: 46
Price Growth Rating: 27
SMR Rating: 19
Profit Risk Rating: 19
Seasonality Score: -48 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category ModerateAllocation

Profile
Fundamentals
Details
Category
Global Moderate Allocation
Address
Russell Investment Company1301 Second Avenue SeattleTacoma
Phone
N/A
Web
www.russell.com
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RMGYX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RMGYX has been closely correlated with FBCIX. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if RMGYX jumps, then FBCIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RMGYX
1D Price
Change %
RMGYX100%
+0.09%
FBCIX - RMGYX
90%
Closely correlated
N/A
FWCBX - RMGYX
90%
Closely correlated
N/A
CIMAX - RMGYX
89%
Closely correlated
N/A
RIDAX - RMGYX
88%
Closely correlated
N/A
CIMCX - RMGYX
88%
Closely correlated
N/A
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