InvestSMART

Colonial FirstChoice - Lazard Listed Private Markets - Managed Fund

Fund Objective
The option is an actively managed portfolio of primarily of listed securities which derive not less than 50% of their intrinsic value from exposure to global private market assets including private equity, private credit, real estate and infrastructure. The option may invest directly in listed close-ended funds, equity and equity-related securities,
Fund Strategy
The option is an actively managed portfolio of primarily of listed securities which derive not less than 50% of their intrinsic value from exposure to global private market assets including private equity, private credit, real estate and infrastructure. The option may invest directly in listed close-ended funds, equity and equity-related securities,

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 4.6% -9.44% -% -% -% -% -% -%
Growth return 1.27% -% -% -% -% -% -% -%
Income return 3.33% -% -% -% -% -% -% -%
Market index (MSCI World NR AUD)
Total return 4.4% 0.72% -2.72% 14.95% 14.38% 16.38% 12.9% 13.33%
As at 30 Apr 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice - Lazard Listed Private Markets
International Equities
94.71%
Cash
5.29%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
13.24%
Cash
6.63%
Australian Equities
22.85%
Property & Infrastructure
0.55%
Fixed Interest
2.57%
Alternatives
54.16%

General Information

Fund Details
Type Description
Colonial FirstChoice - Lazard Listed Private Markets
Colonial First State Investments Limited
FSF2843AU
Alternative - Private Equity
Not Rated
Investment Fund
22 Nov 2025
$0.03 million (as at 31 Mar 2026)
$0.9173 (as at 4 May 2026)
$0.9127 (as at 4 May 2026)
Open
Offer information
Type Description
MER 0% (as at 18 Dec 2025)
Minimum initial investment $1,000.00

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025) Type % of Portfolio
Lazard Listed Private Markets Fund 99.40%
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FAQs about the Colonial FirstChoice - Lazard Listed Private Markets

The objective of the Colonial FirstChoice - Lazard Listed Private Markets managed fund is The option is an actively managed portfolio of primarily of listed securities which derive not less than 50% of their intrinsic value from exposure to global private market assets including private equity, private credit, real estate and infrastructure. The option may invest directly in listed close-ended funds, equity and equity-related securities,

The strategy of the Colonial FirstChoice - Lazard Listed Private Markets managed fund is The option is an actively managed portfolio of primarily of listed securities which derive not less than 50% of their intrinsic value from exposure to global private market assets including private equity, private credit, real estate and infrastructure. The option may invest directly in listed close-ended funds, equity and equity-related securities,

The APIR code of the Colonial FirstChoice - Lazard Listed Private Markets managed fund is FSF2843AU.

Colonial FirstChoice - Lazard Listed Private Markets’s total return last month was 4.6%. This was made up of a growth return of 1.27% and an income return of 3.33%. These returns were calculated as at 30 Apr 2026.

Colonial FirstChoice - Lazard Listed Private Markets’s total return for the last three months was -9.44%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Apr 2026.

Colonial FirstChoice - Lazard Listed Private Markets’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Apr 2026.

Colonial FirstChoice - Lazard Listed Private Markets’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Apr 2026.

The asset allocation of the Colonial FirstChoice - Lazard Listed Private Markets managed fund is :

International Equities
94.71%
Cash
5.29%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice - Lazard Listed Private Markets managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice - Lazard Listed Private Markets managed fund belongs to the Alternative - Private Equity sector/asset class.

As at 31 Mar 2026, the size of the Colonial FirstChoice - Lazard Listed Private Markets managed fund was $0.03 million.

The Colonial FirstChoice - Lazard Listed Private Markets managed fund has an inception date of 22 Nov 2025.

The current entry price of the Colonial FirstChoice - Lazard Listed Private Markets managed fund is $0.9173 per unit and the current exit price is $0.9127 per unit (as at 4 May 2026).

The current exit price of the Colonial FirstChoice - Lazard Listed Private Markets managed fund is $0.9127 per unit and the current entry price is $0.9173 per unit (as at 4 May 2026).

The minimum initial investment amount for the Colonial FirstChoice - Lazard Listed Private Markets managed fund is $1,000.

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.