Colonial FirstChoice Investments - Colonial Geared Australian Share - Core
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|Colonial FirstChoice Investments - Colonial Geared Australian Share - Core|
|Colonial First State Investments Limited|
|Equity Australia Large Geared|
|(as at 30 Apr 2014)|
|1 May 2004|
|$40.47 million (as at 30 Jun 2014)|
|$0.6906 (as at 25 Jul 2014)|
|$0.6848 (as at 25 Jul 2014)|
Fund performance (30 Jun 2014) NOTE : returns for periods greater than 1 year are annualised
Morningstar index (Mstar PG ITr Equity Aus Large Geared Idx)
Market index (S&P/ASX 200 TR AUD)
Asset allocation (30 Jun 2014)
|Domestic Fixed Interest||0%|
|International Fixed Interest||0%|
Objectives and Strategy
|To magnify long-term returns by borrowing to invest, predominantly, in a selection of Australian companies within the S&P/ASX 100 Accumulation Index.|
|The option does not seek any style bias, such as to growth or value, and seeks to consistently add value through the investment cycle. Mispriced investment opportunities are identified following detailed fundamental research. The investment process incorporates a high number of company visits and a proprietary database to analyse company financials. The option utilises gearing to magnify returns from underlying investments. This option predominantly invests in Australian companies and therefore does not hedge currency risk.|
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|Indirect Cost Ratio (ICR)||4.04% (as at 19 May 2014) (Estimated)|
|Minimum initial investment||$5,000.00|
|Minimum additional investments|
|Minimum redemption amount|
The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au
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* Dates for historical returns vary from fund to fund