Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.
1M | 3M | 6M | 1Y p.a. | 2Y p.a. | 3Y p.a. | 5Y p.a. | 10Y p.a. | |
Total return | 1.11% | 4.62% | 4.94% | 8% | 7.97% | 9.21% | 10.09% | 6.87% |
Growth return | 0.86% | -4.04% | -4.46% | -3.18% | -2.03% | 0.94% | 3.46% | 0.84% |
Income return | 0.25% | 8.66% | 9.4% | 11.18% | 10% | 8.27% | 6.63% | 6.03% |
Market index (S&P/ASX 200 TR AUD)
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Total return | 3.1% | 7.03% | 11.65% | 14.74% | 14.82% | 13.04% | 12.32% | 9.87% |
Type | Description |
Colonial FirstChoice - Merlon Australian Share Income | |
Colonial First State Investments Limited | |
FSF0709AU | |
Australia Equity Income | |
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Investment Fund | |
19 May 2008 | |
$22 million (as at 31 Aug 2025) | |
$0.8325 (as at 17 Sep 2025) | |
$0.83 (as at 17 Sep 2025) | |
Open |
Type | Description |
MER | 1.17% (as at 28 Aug 2025) |
Indirect Cost Ratio (ICR) | 1.17% (as at 30 Jun 2025) |
Performance fee (not included in ICR) | Not Available |
Minimum initial investment | $20,000 |
Minimum redemption amount |
Holding (as at 28 Feb 2025) | Type | % of Portfolio |
Insurance Australia Group Ltd | Equity | 5.99% |
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The objective of the Colonial FirstChoice - Merlon Australian Share Income managed fund is The option aims to provide a higher level of tax-effective income with a lower level of risk than the S&P/ASX 200 Accumulation Index; whilst also aiming to outperform the composite benchmark (70% S&P/ASX 200 Accumulation Index; 30% Bloomberg Ausbond Bank Bill Index) on a total return basis over rolling 3 year periods before fees and taxes.
The strategy of the Colonial FirstChoice - Merlon Australian Share Income managed fund is Merlon's investment approach is to construct a portfolio of undervalued companies; based on sustainable free cash flow; in broadly equal weights whilst using options to overlay downside protection on holdings with poor short-term momentum characteristics. An outcome of the investment style is a higher level of tax-effective income along with the potential for capital growth over the medium-term.
The APIR code of the Colonial FirstChoice - Merlon Australian Share Income managed fund is FSF0709AU.
Colonial FirstChoice - Merlon Australian Share Income’s total return last month was 1.11%. This was made up of a growth return of 0.86% and an income return of 0.25%. These returns were calculated as at 31 Aug 2025.
Colonial FirstChoice - Merlon Australian Share Income’s total return for the last three months was 4.62%. This was made up of a growth return of -4.04% and an income return of 8.66%%. These returns were calculated as at 31 Aug 2025.
Colonial FirstChoice - Merlon Australian Share Income’s one-year total return is 8%. This was made up of a growth return of -3.18% and an income return of 11.18%. These returns were calculated as at 31 Aug 2025.
Colonial FirstChoice - Merlon Australian Share Income’s one-year total return is 9.21%. This was made up of a growth return of 0.94% and an income return of 8.27%. These returns were calculated as at 31 Aug 2025.
The asset allocation of the Colonial FirstChoice - Merlon Australian Share Income managed fund is :
The Responsible Entity for the Colonial FirstChoice - Merlon Australian Share Income managed fund is Colonial First State Investments Limited.
The Colonial FirstChoice - Merlon Australian Share Income managed fund belongs to the Australia Equity Income sector/asset class.
As at 31 Aug 2025, the size of the Colonial FirstChoice - Merlon Australian Share Income managed fund was $22 million.
The Colonial FirstChoice - Merlon Australian Share Income managed fund has an inception date of 19 May 2008.
The current entry price of the Colonial FirstChoice - Merlon Australian Share Income managed fund is $0.8325 per unit and the current exit price is $0.83 per unit (as at 17 Sep 2025).
The current exit price of the Colonial FirstChoice - Merlon Australian Share Income managed fund is $0.83 per unit and the current entry price is $0.8325 per unit (as at 17 Sep 2025).
The minimum initial investment amount for the Colonial FirstChoice - Merlon Australian Share Income 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.