RCNUX Fees and Costs — Conservative Strategy Fund, Class M
Data updated: 2026-09-25
The net expense ratio is 0.74% (1.17% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 22%.
RCNUX Fees and Expenses
Annual operating expenses and sales charges of RCNUX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.17% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.17% |
| Fee waiver | −0.43% |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
RCNUX Costs Over Time
On $10,000 invested in RCNUX, assuming 5% a year before costs, total costs come to $465 over 5 years, cutting the return by 0.78% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.74%) | $78 | $243 | $423 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $465 |
| Value after costs | $10,422 | $11,321 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
RCNUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $36.7M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
RCNUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Russell Investments Limited | $36.7M | 100.00% |
Conservative Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RCLRX | Class R1 | 0.69% | none |
| RCNUX | Class M | 0.74% | none |
| RCLSX | Class S | 0.82% | none |
| RCLUX | Class R4 | 0.92% | none |
| RCLAX | Class A | 1.01% | 5.75% |
| RCLVX | Class R5 | 1.19% | none |
| RCLCX | Class C | 1.76% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.