Colonial FirstChoice - BlackRock Wholesale Scientific Australian Shares - Managed Fund

Your data is being crunched

Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
{{ fund.fees | percentage:2 }} N/A {{ fund.benchmark.peers.mer | percentage:2 }} {{ fund.model.mer | percentage:2 }}

* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

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 1.9 1.66 4.05 12.25 10.72 6.88 8.54 4.86
Growth return 1.9 -0.66 0.1 5.34 5.39 0.87 2.53 0.55
Income return 0 2.32 3.95 6.91 5.33 6.01 6.01 4.31

Market index (S&P/ASX 200 TR AUD)

Total return 1.09 1.08 2.81 9.63 10.36 5.94 8.76 5.24

Asset Allocation (31 May 2018)

Australian Equities 98.94%
International Equities 0%
Cash 1.06%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Colonial FirstChoice - BlackRock Wholesale Scientific Australian Shares
Colonial First State Investments Limited
Equity Australia Large Growth
starstarstar (as at 31 May 2018)
Investment Fund
23 Apr 2002
$8.45 million (as at 31 May 2018)
$1.3818 (as at 20 Jun 2018)
$1.379 (as at 20 Jun 2018)

Objectives and Strategy

To outperform the S&P/ASX 300 Accumulation Index by exposure to long positions in Australian equities. The option aims to return 2-3% per annum above benchmark over rolling 3 year periods before fees and taxes.
The manager believes that markets are fairly efficient and therefore it is better to take many small decisions to pick up alpha while controlling risk, forecasting and managing transaction costs. The manager believes that value can be added in a consistent manner from quantitative techniques based on traditional investment insights. The manager is style neutral and leverages the latest technology and data sources to assess relative valuation, earnings direction, earnings quality, market and timing insights for each company.

Offer information

Indirect Cost Ratio (ICR) 1.01% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.