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  5. Colonial FirstChoice - Acadian Geared Australian Equity - Managed fund profile

Colonial FirstChoice - Acadian Geared Australian Equity - Managed Fund

Fund Objective
To maximise long-term returns by borrowing to invest, predominantly, in a selection of Australian companies within the S&P/ASX 300 Accumulation Index, while carefully controlling portfolio risk and transaction costs. The option aims to outperform the S&P/ASX 300 Accumulation Index over rolling seven year periods before fees and taxes.
Fund Strategy
The option uses gearing with the aim of magnifying returns from the underlying Australian equity strategy. The underlying strategy aims to exploit the 'low volatility anomaly', the historical pattern in which higher volatility stocks have underperformed lower volatility stocks on a risk-adjusted basis. The resulting underlying portfolio aims to provide returns similar to those of the Australian equity market but with lower absolute volatility over the full market cycle. Gearing the underlying strategy has the potential to reduce drawdowns.

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 7.85% -6.51% -2.86% -3.35% -3.34% 6.9% 7.45% 5.32%
Growth return -% -6.51% -7.47% -7.94% -10.02% 0.21% -0.09% -1.3%
Income return -% 0% 4.61% 4.59% 6.68% 6.69% 7.54% 6.62%
Market index (S&P/ASX 200 TR AUD)
Total return -3.78% -7.19% -5.3% 2.95% 0.44% 8.88% 7.18% 6.6%
As at 30 Nov 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice - Acadian Geared Australian Equity
Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.72%
International Equities
3.44%
Cash
-0.66%
Property
3.34%
Fixed Interest
0.07%
Alternatives
0.09%

General Information

Fund Details
Type Description
Colonial FirstChoice - Acadian Geared Australian Equity
FSF0453AU
Equity Australia Large Geared
starstarstar (as at 31 Oct 2023)
Investment Fund
14 May 2018
$15.13 million (as at 31 Oct 2023)
$0.8033 (as at 1 Dec 2023)
$0.8015 (as at 1 Dec 2023)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.16% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum redemption amount

FAQs about the Colonial FirstChoice - Acadian Geared Australian Equity

The objective of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is To maximise long-term returns by borrowing to invest, predominantly, in a selection of Australian companies within the S&P/ASX 300 Accumulation Index, while carefully controlling portfolio risk and transaction costs. The option aims to outperform the S&P/ASX 300 Accumulation Index over rolling seven year periods before fees and taxes.

The strategy of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is The option uses gearing with the aim of magnifying returns from the underlying Australian equity strategy. The underlying strategy aims to exploit the 'low volatility anomaly', the historical pattern in which higher volatility stocks have underperformed lower volatility stocks on a risk-adjusted basis. The resulting underlying portfolio aims to provide returns similar to those of the Australian equity market but with lower absolute volatility over the full market cycle. Gearing the underlying strategy has the potential to reduce drawdowns.

The APIR code of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is FSF0453AU.

Colonial FirstChoice - Acadian Geared Australian Equity’s total return last month was 7.85%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2023.

Colonial FirstChoice - Acadian Geared Australian Equity’s total return for the last three months was -6.51%. This was made up of a growth return of -6.51% and an income return of 0%%. These returns were calculated as at 30 Nov 2023.

Colonial FirstChoice - Acadian Geared Australian Equity’s one-year total return is -3.35%. This was made up of a growth return of -7.94% and an income return of 4.59%. These returns were calculated as at 30 Nov 2023.

Colonial FirstChoice - Acadian Geared Australian Equity’s one-year total return is 6.9%. This was made up of a growth return of 0.21% and an income return of 6.69%. These returns were calculated as at 30 Nov 2023.

The asset allocation of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

As at 31 Oct 2023, the size of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund was $15.13 million.

The Colonial FirstChoice - Acadian Geared Australian Equity managed fund has an inception date of 14 May 2018.

The current entry price of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is $0.8033 per unit and the current exit price is $0.8015 per unit (as at 1 Dec 2023).

The current exit price of the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is $0.8015 per unit and the current entry price is $0.8033 per unit (as at 1 Dec 2023).

The minimum initial investment amount for the Colonial FirstChoice - Acadian Geared Australian Equity managed fund is $20,000.

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.