07-May-2018

Russell Investments Australian Value ETF

Net Asset Value and Index Holdings

The following information provides the Net Asset Value per Unit, Net Asset Value of the ETF, number of Units on issue and details of the Creation Basket securities of the Russell Investments Australian Value ETF.

Trade Date: 04-May-2018 NAV per Unit $ 29.48 NAV of Russell Investments Australian Value ETF $ 13,237,349.44 Units on Issue 449,104.00

The table below also provides listing of the index holdings and their weightings within the index. For daily portfolio holdings, please download the Portfolio Holdings file from www.russellinvestments.com.au.

Creation basket securities as of 07-May-2018 Shares in Weighting ASX Code Stock Name Index in Index AMP AMP Ltd 4,124 1.16 % ANN Ltd 167 0.30 % ANZ Banking Group Ltd 6,854 12.81 % AST AusNet Services 1,727 0.20 % AWC Alumina Ltd 619 0.12 % BEN Bendigo and Adelaide Bank Ltd 980 0.70 % BOQ BANK OF LTD COMMON STOCK 915 0.64 % CBA of Australia 4,083 20.16 % CCL Coca-Cola Amatil Ltd 1,223 0.77 % CTX Caltex Australia Ltd 249 0.52 % CWN LTD 332 0.30 % DXS 2,375 1.54 % FMG Ltd 3,753 1.21 % GMG 266 0.16 % GPT GPT Group 4,207 1.39 % HSO LTD 360 0.06 % HVN HOLDINGS LTD 1,235 0.29 % IAG Insurance Australia Group Ltd 2,083 1.14 % LLC Lend Lease Group 1,224 1.51 % MGR Group 7,157 1.09 % MPL PRIVATE LTD 3,698 0.77 % MQG Ltd 385 2.82 % NAB Ltd 5,075 10.02 % PTM PLATINUM ASSET MANAGEMENT 42 0.02 % QAN Airways Ltd 1,598 0.68 % QBE QBE INSURANCE GROUP LTD 2,518 1.75 % RIO LTD COMMON STOCK NPV 848 4.66 % S32 LTD 12,326 3.14 % SCG 11,935 3.29 % SGP 5,642 1.59 % SGR The Ltd 642 0.23 %

RUSSELL INVESTMENTS

Creation basket securities as of 07-May-2018 Shares in Weighting ASX Code Stock Name Index in Index SHL LTD 81 0.13 % SOL WASHINGTON H. SOUL PATTINSON COMMON 89 0.12 % SUN Ltd 290 0.28 % TLS Corp Ltd 9,720 2.14 % TPM TPG TELECOM LTD COMMON STOCK NPV 842 0.33 % VCX 7,536 1.28 % VOC Limited 1,298 0.23 % WBC Banking Corp 7,922 15.64 % WES LTD 832 2.47 % WFD Westfield Corporation 3,787 2.33 %

Note: Due to rounding of decimal places, percentages may not add to 100%

Issued by Russell Investment Management Ltd ABN 53 068 338 974, AFS License 247185. Past performance is not indicative of future performance. This communication provides general information only and has not been prepared having regard to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. Any potential investor should consider the latest Product Disclosure Statement (PDS) for the Russell Investments Australian Value ETF in deciding whether to acquire, or to continue to hold, Units. Only persons who have been who have been authorised as trading participants under Securities Exchange (ASX) Market Rules can apply for Units through the the latest PDS. Investors who are not Authorised Participants looking to acquire Units in the Fund cannot invest through the PDS but may purchase Units on the ASX. Please consult your stockbroker or financial adviser.