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Colonial FirstChoice Investments - Colonial Alternatives - Managed Fund (Closed)

Fund Objective
To provide returns with a low correlation to equity markets from a diversified portfolio of alternativeinvestment strategies. To provide a return of 4% per annum in excess of the Reserve Bank of Australia cash rate before fees and taxes over rolling three-year periods.
Fund Strategy
To invest in a diversified portfolio of alternative investment strategies with the underlying assets typically having relatively high liquidity. The investments are managed by a number of leading alternative investment managers, which is designed to deliver more consistent returns with less risk than would be achieved if investing with a single investment manager. The portfolio aims to minimise unintentional currency exposure.

Fund Performance Comparison

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Fees Comparison

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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.
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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 -1.69% -0.2% 4.91% 5.59% 3.36% 5.12% 4.07% -%
Growth return 1.17% 2.43% 6.17% 6.18% -0.25% 0.27% -0.19% -%
Income return -2.86% -2.63% -1.26% -0.59% 3.61% 4.85% 4.26% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.92% 1.82% 3.76% 4.06% 4.09% 2.88% 2.13%
As at 31 Oct 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Investments - Colonial Alternatives
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
18.53%
Australian Equities
4.70%
International Equities
3.26%
Cash
55.76%
Property & Infrastructure
1.98%
Fixed Interest
15.78%

General Information

Fund Details
Type Description
Colonial FirstChoice Investments - Colonial Alternatives
Closed
FSF1609AU
Alternative - Multistrategy
Not Rated
Investment Fund
19 May 2014
$0.38 million (as at 31 Oct 2023)
$0.9089 (as at 27 Nov 2023)
$0.9089 (as at 27 Nov 2023)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.69% (as at 18 Nov 2019) (Estimated)
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2023)

Holding (as at 31 Oct 2023) Type % of Portfolio
S&P500 Emini Fut Dec23 Equity Index - Future 18.70%
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FAQs about the Colonial FirstChoice Investments - Colonial Alternatives

The objective of the Colonial FirstChoice Investments - Colonial Alternatives managed fund is To provide returns with a low correlation to equity markets from a diversified portfolio of alternativeinvestment strategies. To provide a return of 4% per annum in excess of the Reserve Bank of Australia cash rate before fees and taxes over rolling three-year periods.

The strategy of the Colonial FirstChoice Investments - Colonial Alternatives managed fund is To invest in a diversified portfolio of alternative investment strategies with the underlying assets typically having relatively high liquidity. The investments are managed by a number of leading alternative investment managers, which is designed to deliver more consistent returns with less risk than would be achieved if investing with a single investment manager. The portfolio aims to minimise unintentional currency exposure.

The APIR code of the Colonial FirstChoice Investments - Colonial Alternatives managed fund is FSF1609AU.

Colonial FirstChoice Investments - Colonial Alternatives’s total return last month was -1.69%. This was made up of a growth return of 1.17% and an income return of -2.86%. These returns were calculated as at 31 Oct 2023.

Colonial FirstChoice Investments - Colonial Alternatives’s total return for the last three months was -0.2%. This was made up of a growth return of 2.43% and an income return of -2.63%%. These returns were calculated as at 31 Oct 2023.

Colonial FirstChoice Investments - Colonial Alternatives’s one-year total return is 5.59%. This was made up of a growth return of 6.18% and an income return of -0.59%. These returns were calculated as at 31 Oct 2023.

Colonial FirstChoice Investments - Colonial Alternatives’s one-year total return is 5.12%. This was made up of a growth return of 0.27% and an income return of 4.85%. These returns were calculated as at 31 Oct 2023.

The asset allocation of the Colonial FirstChoice Investments - Colonial Alternatives managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Colonial FirstChoice Investments - Colonial Alternatives managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 31 Oct 2023, the size of the Colonial FirstChoice Investments - Colonial Alternatives managed fund was $0.38 million.

The Colonial FirstChoice Investments - Colonial Alternatives managed fund has an inception date of 19 May 2014.

The current entry price of the Colonial FirstChoice Investments - Colonial Alternatives managed fund is $0.9089 per unit and the current exit price is $0.9089 per unit (as at 27 Nov 2023).

The current exit price of the Colonial FirstChoice Investments - Colonial Alternatives managed fund is $0.9089 per unit and the current entry price is $0.9089 per unit (as at 27 Nov 2023).

The minimum initial investment amount for the Colonial FirstChoice Investments - Colonial Alternatives managed fund is $20,000.

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.