Colonial FirstChoice Investments - AZ Sestante Conservative - Managed Fund (Closed)

Fund Objective

To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To deliver a return in excess of CPI plus 2% per annum over rolling three-year periods before fees and taxes

Fund Strategy

The option's broad asset allocation is to be 30% exposed to growth assets such as shares; property and infrastructure securities and 70% to defensive assets such as fixed interest and cash. The actual asset allocation will vary from this as the manager uses a tactical asset allocation approach to optimise expected risk and return outcomes for the portfolio. In order to provide additional diversification; the portfolio is allocated across a number of leading investment managers. The option may hedge its 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.

Fees Comparison

% 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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.11%	1.28%	4.79%	-0.57%	2.56%	3.23%	-%	-%
Growth return	-0.31%	1.08%	3.55%	-2.74%	0.36%	0.47%	-%	-%
Income return	0.2%	0.2%	1.24%	2.17%	2.2%	2.76%	-%	-%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return	0.85%	2.4%	5.58%	8.64%	10.65%	7.52%	4.17%	4.51%

As at 30 Sep 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Investments - AZ Sestante Conservative

Australian Equities: 7.38%

International Equities: 20.81%

Cash: 8.56%

Property & Infrastructure: 0.22%

Fixed Interest: 63.03%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 10.83%

International Equities: 15.06%

Cash: 14.05%

Property & Infrastructure: 3.67%

Fixed Interest: 50.50%

Alternatives: 5.90%

General Information

Fund Details

Type	Description
Fund Name	Colonial FirstChoice Investments - AZ Sestante Conservative
Fund Status	Closed
Responsible Entity	Colonial First State Investments Limited
APIR Code	FSF3080AU
Sector/Asset Class	Multisector Moderate
Morningstar Rating	(as at 30 Sep 2020)
Legal Structure	Investment Fund
Fund Inception	22 May 2017
Fund Size	$0.53 million (as at 30 Sep 2020)
Entry Price	$0.966 (as at 27 Oct 2020)
Exit Price	$0.966 (as at 27 Oct 2020)
Fund Status	Finalised

Offer information

Type	Description
MER	0.78% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR)	0.78% (as at 30 Jun 2025)
Performance fee (not included in ICR)	0.03
Minimum initial investment	$5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025)	Type	% of Portfolio
2 Year Treasury Note Future Sept 25	Bond - Treasury Future	8.02%
Login now to view the complete list of holdings.

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Colonial FirstChoice Investments - AZ Sestante Conservative

What is the objective of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The objective of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To deliver a return in excess of CPI plus 2% per annum over rolling three-year periods before fees and taxes

What is the strategy for the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The strategy of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is The option's broad asset allocation is to be 30% exposed to growth assets such as shares; property and infrastructure securities and 70% to defensive assets such as fixed interest and cash. The actual asset allocation will vary from this as the manager uses a tactical asset allocation approach to optimise expected risk and return outcomes for the portfolio. In order to provide additional diversification; the portfolio is allocated across a number of leading investment managers. The option may hedge its currency exposure.

What is the APIR code of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The APIR code of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is FSF3080AU.

What was Colonial FirstChoice Investments - AZ Sestante Conservative’s total return last month?

Colonial FirstChoice Investments - AZ Sestante Conservative’s total return last month was -0.11%. This was made up of a growth return of -0.31% and an income return of 0.2%. These returns were calculated as at 30 Sep 2020.

What was Colonial FirstChoice Investments - AZ Sestante Conservative’s total return for the last three months?

Colonial FirstChoice Investments - AZ Sestante Conservative’s total return for the last three months was 1.28%. This was made up of a growth return of 1.08% and an income return of 0.2%%. These returns were calculated as at 30 Sep 2020.

What is Colonial FirstChoice Investments - AZ Sestante Conservative’s one-year total return?

Colonial FirstChoice Investments - AZ Sestante Conservative’s one-year total return is -0.57%. This was made up of a growth return of -2.74% and an income return of 2.17%. These returns were calculated as at 30 Sep 2020.

What is Colonial FirstChoice Investments - AZ Sestante Conservative’s three-year total return?

Colonial FirstChoice Investments - AZ Sestante Conservative’s one-year total return is 3.23%. This was made up of a growth return of 0.47% and an income return of 2.76%. These returns were calculated as at 30 Sep 2020.

What is the asset allocation of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The asset allocation of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is :

Australian Equities: 7.38%

International Equities: 20.81%

Cash: 8.56%

Property & Infrastructure: 0.22%

Fixed Interest: 63.03%

Alternatives: 0%

Who is the responsible Entity of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The Responsible Entity for the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is Colonial First State Investments Limited.

What sector/asset class does the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund belong to?

The Colonial FirstChoice Investments - AZ Sestante Conservative managed fund belongs to the Multisector Moderate sector/asset class.

What is the size of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

As at 30 Sep 2020, the size of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund was $0.53 million.

What is the inception date of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The Colonial FirstChoice Investments - AZ Sestante Conservative managed fund has an inception date of 22 May 2017.

What is the current entry price of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The current entry price of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is $0.966 per unit and the current exit price is $0.966 per unit (as at 27 Oct 2020).

What is the current exit price of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The current exit price of the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is $0.966 per unit and the current entry price is $0.966 per unit (as at 27 Oct 2020).

What is the minimum investment amount for the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund?

The minimum initial investment amount for the Colonial FirstChoice Investments - AZ Sestante Conservative managed fund is $5,000. 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.

What our members say about us