IMPORTANT RISK DISCLOSURES. All the financial instruments objectives, risks, charges and expenses should be carefully considered before investing. A summary prospectus, if available, or a prospectus containing this and other important information can be obtained by visiting the prospectus and reports page to download one. Please read the prospectus carefully before investing.
Please, remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Brokerage commissions will reduce returns also.
Diversification and multi-asset solutions do not assure a profit and do not protect against loss in declining markets. Income from funds managed for tax efficiency may be subject to an alternative minimum tax, and/or any applicable state and local taxes. Tax efficiency is not a stated objective of a number of funds that comprise the Tax-Managed Model Strategies. There is no guarantee that the model strategies will achieve their objective.
Model strategies represent target allocations of IBPSC; these models are not managed and cannot be invested in directly. You and your financial advisor may work to combine selected funds that differ from the illustrated combinations depending upon individual investment objectives. Model strategies are exposed to the specific risks of the funds directly proportionate to their fund allocation. The funds comprising the strategies and the allocations to those funds have changed over time and may change in the future.
IBPSC refers to the spanish firm Ibáñez Paz Sanjosé & Company, S.R.L.U., whose main purpose is to develop financial and give advice. IBPSC is not an investment bank. The information, analyses and opinions set forth herein are intended to serve as general information only and should not be relied upon by any individual or entity as advice or recommendations specific to that individual entity. Anyone using this material should consult with their own attorney, accountant, financial or tax adviser or consultants on whom they rely for investment advice specific to their own circumstances.
Products and services described on this website are intended for Spain residents only. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.
IBPSC is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.
IBPSC is the owner of the trademarks contained in this material and all trademark rights related to the trademarks, which the members of the IBPSC group of companies are permitted to use under license from IBPSC.
First Used: September 2025.
