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  5. Colonial FirstChoice Investments - PM Capital Enhanced Yield - Managed fund profile

Colonial FirstChoice Investments - PM Capital Enhanced Yield - Managed Fund

Fund Objective
To provide investment returns above the RBA cash rate by investing in cash and yield securities with a minor allocation to low volatility equity strategies. The option aims to outperform the RBA over rolling two-year periods after fees and taxes; with low volatility and minimal risk of capital loss. The option is managed from an Australian investor's perspective; where tax is an important consideration in the daily management of the option.
Fund Strategy
The option aims to invest the majority of its assets in cash and interest bearing securities. The option has the ability to minimise or hedge against interest rate; credit spread and equity risk. Derivatives may be used to synthetically create or replicate underlying positions; however; derivatives may not be used to leverage the portfolio. PM Capital attempts to hedge all foreign currency exposure back to the Australian dollar to substantially reduce the exposure of the option to the risks associated with movements in foreign exchange rates.

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 0.35% 1.27% 2.34% 4.96% 5.51% 5.5% 3.69% 3.2%
Growth return 0.35% 0.01% -0.12% 0.48% 1.1% 0.82% 0.32% 0.15%
Income return 0% 1.26% 2.46% 4.48% 4.41% 4.68% 3.37% 3.05%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.49% 1.25% 1.39% 2.84% 4.39% 2.5% -0.63% 1.95%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Investments - PM Capital Enhanced Yield
Cash
3.80%
Fixed Interest
96.20%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.49%
Fixed Interest
92.28%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
Colonial FirstChoice Investments - PM Capital Enhanced Yield
Colonial First State Investments Limited
FSF0663AU
Diversified Credit
starstarstar (as at 31 Aug 2025)
Investment Fund
7 Sep 2004
$4.12 million (as at 31 Aug 2025)
$1.0239 (as at 17 Sep 2025)
$1.0219 (as at 17 Sep 2025)
Open
Offer information
Type Description
MER 1.37% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR) 1.37% (as at 30 Jun 2025)
Performance fee (not included in ICR) 0.31
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2025)

Holding (as at 28 Feb 2025) Type % of Portfolio
ConnectEast Finance Pty Ltd. Bond - Corporate Bond 3.78%
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FAQs about the Colonial FirstChoice Investments - PM Capital Enhanced Yield

The objective of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is To provide investment returns above the RBA cash rate by investing in cash and yield securities with a minor allocation to low volatility equity strategies. The option aims to outperform the RBA over rolling two-year periods after fees and taxes; with low volatility and minimal risk of capital loss. The option is managed from an Australian investor's perspective; where tax is an important consideration in the daily management of the option.

The strategy of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is The option aims to invest the majority of its assets in cash and interest bearing securities. The option has the ability to minimise or hedge against interest rate; credit spread and equity risk. Derivatives may be used to synthetically create or replicate underlying positions; however; derivatives may not be used to leverage the portfolio. PM Capital attempts to hedge all foreign currency exposure back to the Australian dollar to substantially reduce the exposure of the option to the risks associated with movements in foreign exchange rates.

The APIR code of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is FSF0663AU.

Colonial FirstChoice Investments - PM Capital Enhanced Yield’s total return last month was 0.35%. This was made up of a growth return of 0.35% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Colonial FirstChoice Investments - PM Capital Enhanced Yield’s total return for the last three months was 1.27%. This was made up of a growth return of 0.01% and an income return of 1.26%%. These returns were calculated as at 31 Aug 2025.

Colonial FirstChoice Investments - PM Capital Enhanced Yield’s one-year total return is 4.96%. This was made up of a growth return of 0.48% and an income return of 4.48%. These returns were calculated as at 31 Aug 2025.

Colonial FirstChoice Investments - PM Capital Enhanced Yield’s one-year total return is 5.5%. This was made up of a growth return of 0.82% and an income return of 4.68%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is :

Cash
3.80%
Fixed Interest
96.20%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Aug 2025, the size of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund was $4.12 million.

The Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund has an inception date of 7 Sep 2004.

The current entry price of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is $1.0239 per unit and the current exit price is $1.0219 per unit (as at 17 Sep 2025).

The current exit price of the Colonial FirstChoice Investments - PM Capital Enhanced Yield managed fund is $1.0219 per unit and the current entry price is $1.0239 per unit (as at 17 Sep 2025).

The minimum initial investment amount for the Colonial FirstChoice Investments - PM Capital Enhanced Yield 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.