InvestSMART

Colonial FirstChoice Employer Super - Colonial Global Credit Income - Managed Fund (Closed)

Fund Objective
To provide income-based returns and to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year periods before fees and taxes by investing in a diversified portfolio of relatively higher yielding Australian and international fixed interest investments.
Fund Strategy
The option invests in a portfolio of predominantly global credit securities. The option's strategy is to earn an income return from its investments, controlling risk through careful selection and monitoring, combined with broad diversification. The increased credit risk of credit securities means that these investments have the potential to deliver higher returns over the medium term compared to cash. Derivatives may be used for risk management or return enhancement. The option aims to hedge currency exposure.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.04% -4.53% -3.89% -3.13% -0.71% 0.15% 1.22% 2.92%
Growth return 1.04% -4.53% -3.89% -3.13% -0.71% 0.15% 1.22% 2.92%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.81% -0.31% 5.1% 2.53% -1.56% -2.38% -% 2.33%
As at 30 Apr 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Employer Super - Colonial Global Credit Income
Cash
45.09%
Fixed Interest
54.91%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
8.92%
Fixed Interest
90.16%
Australian Equities
0.33%
International Equities
0.10%
Property
0.02%
Alternatives
0.47%

General Information

Fund Details
Type Description
Colonial FirstChoice Employer Super - Colonial Global Credit Income
Closed
Colonial First State Investments Limited
FSF1072AU
Diversified Credit
starstarstar (as at 30 Apr 2020)
Superannuation Fund
1 Jun 2009
$0.75 million (as at 30 Apr 2020)
$1.4874 (as at 8 May 2020)
$1.4874 (as at 8 May 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.31% (as at 18 Nov 2019) (Estimated)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2023)

Holding (as at 30 Jun 2023) Type % of Portfolio
Perp Ttee Co Ltd Oa Liberty Funding Pty Ltd Iro Liberty Prime Series 2 Bond - Non-Agency RMBS 0.90%
Login now to view the complete list of holdings.

FAQs about the Colonial FirstChoice Employer Super - Colonial Global Credit Income

The objective of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is To provide income-based returns and to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year periods before fees and taxes by investing in a diversified portfolio of relatively higher yielding Australian and international fixed interest investments.

The strategy of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is The option invests in a portfolio of predominantly global credit securities. The option's strategy is to earn an income return from its investments, controlling risk through careful selection and monitoring, combined with broad diversification. The increased credit risk of credit securities means that these investments have the potential to deliver higher returns over the medium term compared to cash. Derivatives may be used for risk management or return enhancement. The option aims to hedge currency exposure.

The APIR code of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is FSF1072AU.

Colonial FirstChoice Employer Super - Colonial Global Credit Income’s total return last month was 1.04%. This was made up of a growth return of 1.04% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

Colonial FirstChoice Employer Super - Colonial Global Credit Income’s total return for the last three months was -4.53%. This was made up of a growth return of -4.53% and an income return of 0%%. These returns were calculated as at 30 Apr 2020.

Colonial FirstChoice Employer Super - Colonial Global Credit Income’s one-year total return is -3.13%. This was made up of a growth return of -3.13% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

Colonial FirstChoice Employer Super - Colonial Global Credit Income’s one-year total return is 0.15%. This was made up of a growth return of 0.15% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

The asset allocation of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is :

Cash
45.09%
Fixed Interest
54.91%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Apr 2020, the size of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund was $0.75 million.

The Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund has an inception date of 1 Jun 2009.

The current entry price of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is $1.4874 per unit and the current exit price is $1.4874 per unit (as at 8 May 2020).

The current exit price of the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is $1.4874 per unit and the current entry price is $1.4874 per unit (as at 8 May 2020).

The minimum initial investment amount for the Colonial FirstChoice Employer Super - Colonial Global Credit Income managed fund is $0. 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.