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  5. Colonial FirstChoice Pension - FirstChoice Geared Australian Shares - Managed fund profile

Colonial FirstChoice Pension - FirstChoice Geared Australian Shares - Managed Fund (Closed)

Fund Objective
To magnify long-term returns from capital growth by borrowing to invest in predominantly Australian companies. To outperform the S&P/ASX 300 Accumulation Index over rolling seven-year periods before fees and taxes.
Fund Strategy
To invest in a diversified portfolio of predominantly Australian companies. The investments are managed by combining the portfolios of a number of Australian share managers to provide an actively managed, diversified portfolio. The option utilises gearing to magnify returns from underlying investments.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -4.5% -0.56% 10.2% 11.53% 17.58% 10.3% 8.58% 10.57%
Growth return -4.5% -0.56% 10.2% 11.53% 17.58% 10.3% 8.58% 10.57%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - FirstChoice Geared Australian Shares
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.52%
International Equities
4.01%
Cash
0.83%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - FirstChoice Geared Australian Shares
Closed
FSF0845AU
Equity Australia Large Geared
starstar (as at 28 Feb 2023)
Allocated Pension
30 Apr 2007
$1.25 million (as at 28 Feb 2023)
$1.5302 (as at 17 Mar 2023)
$1.5265 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.27% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares

The objective of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is To magnify long-term returns from capital growth by borrowing to invest in predominantly Australian companies. To outperform the S&P/ASX 300 Accumulation Index over rolling seven-year periods before fees and taxes.

The strategy of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is To invest in a diversified portfolio of predominantly Australian companies. The investments are managed by combining the portfolios of a number of Australian share managers to provide an actively managed, diversified portfolio. The option utilises gearing to magnify returns from underlying investments.

The APIR code of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is FSF0845AU.

Colonial FirstChoice Pension - FirstChoice Geared Australian Shares’s total return last month was -4.5%. This was made up of a growth return of -4.5% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - FirstChoice Geared Australian Shares’s total return for the last three months was -0.56%. This was made up of a growth return of -0.56% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - FirstChoice Geared Australian Shares’s one-year total return is 11.53%. This was made up of a growth return of 11.53% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - FirstChoice Geared Australian Shares’s one-year total return is 10.3%. This was made up of a growth return of 10.3% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is :

Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund belongs to the Equity Australia Large Geared sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund was $1.25 million.

The Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund has an inception date of 30 Apr 2007.

The current entry price of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is $1.5302 per unit and the current exit price is $1.5265 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is $1.5265 per unit and the current entry price is $1.5302 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - FirstChoice Geared Australian Shares managed fund is $20,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.