There is no assurance that a mutual fund will achieve its investment objective. Funds are subject to market risk, which is the possibility that the market values of securities owned by the fund will decline and that the value of fund shares may therefore be less than what you paid for them. Accordingly, you can lose money investing in this fund. Please be aware that these funds may be subject to certain additional risks.
Allocation risk. Each Fund's ability to achieve its investment objective depends on the funds' investment adviser's ability to select the appropriate mix of Underlying Funds. There is the risk that the Funds' investment adviser's asset allocation methodology and assumptions regarding the underlying Funds may be incorrect in light of actual market conditions. Risks of Investing in the Underlying Funds. There is no guarantee that the Underlying Funds will achieve each of their investment objectives. Each of the Underlying Funds in which the Funds invest has its own investment risks, and those risks can affect the value of the Underlying Funds' shares and therefore the value of the Funds' investments. Those investment risks include: General Underlying Funds: foreign risk, derivatives, non-diversification. Equity Fund Risks: market risk, style-specific risk, sector risk, capitalization risk, income risk. Fixed Income Fund Risks: market risk, credit risk, income risk, call/prepayment risk, extension risk. Alternative Investment Funds Risks: REITs, commodity risk, currency risk. Risks of Investing in Underlying Affiliated and Unaffiliated Funds. There may be additional risks associated with an investment in the affiliated funds and separate and distinct risks associated with an investment in the unaffiliated funds. Exchange Traded Funds (ETFs) Risk. In addition ETFs may also be subject to the following risks: (i) the market price of an ETF may trade above or below net asset value, (ii) an active trading market for an ETF's shares may not be maintained; (iii) trading in an ETF's shares may be halted if the listing exchange deems such action appropriate; (iv) ETFs are not actively managed and may not fulfill their objective of tracking the performance of the index they seek to track; (v) an ETF would not necessarily sell a security because of a decline in the financial condition of the issuer unless the such security was removed from the index such ETF seeks to track, (vi) the value of an investment in an ETF may decline more or less in correlation with any decline in the value of the index it seeks to track; (vii) an ETF that is focused on a single industry or sector may present more risks than if it were broadly diversified over numerous industries or sectors of the economy.
Asset allocation (diversification) does not eliminate risk of loss.
Russell has the right to engage or terminate a money manager at any time and without a shareholder vote, based on an exemptive order from the Securities and Exchange Commission. Please refer to the most recent prospectus which will contain more information regarding the managers available through your fund or go to vankampen.com.
Russell Investment Company funds are advised by Russell Investment Management Company, a part of Russell Investments.
Russell Investments is an independent organization and is not affiliated with Van Kampen Investments.
