Colonial FirstChoice - Bennelong Kardin Wholesale Absolute Return - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 -0.99 2.3 0.71 5.18 3.68 - - -
Growth return -1.01 2.28 0.69 4.84 3.09 - - -
Income return 0.02 0.02 0.02 0.34 0.59 - - -
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.17 0.5 0.95 1.82 1.8 1.93 2.19 3.22
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Cash
59.20%
Australian Equities
40.80%

General Information

Fund Details
Type Description
Colonial FirstChoice - Bennelong Kardin Wholesale Absolute Return
Colonial First State Investments Limited
FSF1781AU
Alternative Strategies
Not Rated
Investment Fund
16 May 2016
$4.6 million (as at 30 Jun 2018)
$1.0248 (as at 17 Jul 2018)
$1.0217 (as at 17 Jul 2018)
Fund Objective
To achieve a return of 5% pa in excess of the Reserve Bank of Australia cash rate before fees and taxes over rolling five-year periods, with an overarching philosophy of capital protection.
Fund Strategy
Capital preservation is a primary investment objective. Through a combination of both top-down and bottom-up investing, the majority of stocks are selected after Kardinia's macroeconomic analysis has identified key investment thematics or trends. The option will generally have a maximum gross exposure (long plus short) of 150%. The option may use derivatives and short selling as part of its investment strategy, it may invest outside of Australia and does not hedge currency risk.
Offer information
Type Description
Indirect Cost Ratio (ICR) 3.17% (as at 30 Jun 2017)
Performance fee (not included in ICR) 1.52
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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