General Information

Acadian Wholesale Defensive Income
Colonial First State Investments Limited
FSF0797AU
Alternative Strategies
star (as at 31 Oct 2013)
Neutral
Not Rated
Managed Funds
19 May 2008
$32.54 million (as at 31 Jan 2017)
$0.9863 (as at 16 Feb 2017)
$0.9843 (as at 16 Feb 2017)

Fund performance (31 Jan 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.31 0.38 1.36 0.13 2.36 2.6 3.19 -
Growth return 0.31 -0.23 0.23 -2.47 -0.21 -0.24 -0.02 -
Income return 0 0.61 1.13 2.6 2.57 2.84 3.21 -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.15 0.44 0.88 1.95 2.08 2.28 2.64 3.95

Asset Allocation (31 Jan 2017)

Australian Equities -0.03%
International Equities 0%
Cash 100.03%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To provide investment returns in excess of the RBA cash rate over rolling three-year periods before fees and taxes, with a relatively low degree of volatility. This will be achieved by combining cash and fixed interest investments with long and short equity holdings chosen using Acadian Australia's equity investment process. Sophisticated portfolio construction techniques will be used to implement this in a way that limits equity market exposure.
The option's strategy is to adopt an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the Australian Securities Exchange. The option will seek to enhance returns by taking long and short positions in securities generally listed on the Australian Securities Exchange. The long/short structure aims to minimise equity market risk whilst benefiting from franking credits and Acadian's sophisticated analytical models for stock selection.

Offer information

Indirect Cost Ratio (ICR) 1.29% (as at 7 Feb 2017) (Estimated)
Performance fee 0.68
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2016)

Holding Type % of Portfolio
Corporate Travel Management Ltd Equity 62.27%
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* Dates for historical returns vary from fund to fund