Anlageziel Russell Investment Company II plc - Russell Investments Emerging Market Debt Local Ccy I USD Fonds

The Fund's investment objective is to provide income and capital growth. During normal market conditions the Fund will seek to achieve its investment objective by investing at least 80 per cent. of its net assets in Fixed Income Securities and Instruments that are issued by or economically tied to an Emerging Market country and financial derivative instruments that create or hedge relevant exposures as set out below. A security or instrument is economically tied to an Emerging Market country if the issuer or guarantor has its headquarters or registered office in an Emerging Market country or exercises a preponderant part of its economic activity in Emerging Markets or if the currency of settlement is that of an Emerging Market country. The primary types of Fixed Income Securities and Instruments that the Fund may invest in may be fixed or floating rate and may be government and sovereign debt securities, supranational debt securities, corporate debt securities and structured notes.