Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares - Managed Fund

Fund Objective

To outperform the MSCI All Country World Index over rolling five year periods before fees and taxes.

Fund Strategy

The option is a purely stock-driven, unconstrained global equity strategy focused on investing in exceptional growth companies. This approach is expressly long term, with Baillie Gifford holding a belief that investing in companies with the scope to grow to multiples of their current size has the potential to transform the returns for investors over time. The option does not hedge currency risk.

Fund Performance Comparison

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Peers

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.36%	6.15%	11.92%	14.55%	2.3%	8.01%	6.08%	-%
Growth return	1.36%	2.28%	7.84%	9.63%	-10.29%	-2.22%	-6.46%	-%
Income return	0%	3.87%	4.08%	4.92%	12.59%	10.23%	12.54%	-%
Market index (MSCI World Ex Australia NR AUD)
Total return	3.32%	6.34%	18.35%	22.32%	25.76%	20.9%	17.3%	12.82%

As at 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details

Type	Description
Fund Name	Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares
APIR Code	FSF1700AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 31 Aug 2023)
Legal Structure	Investment Fund
Fund Inception	18 May 2015
Fund Size	$1.48 million (as at 31 Aug 2023)
Entry Price	$0.8431 (as at 28 Sep 2023)
Exit Price	$0.8431 (as at 28 Sep 2023)
Fund Status	Open

Offer information

Type	Description
MER	0.77% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR)	0.77% (as at 30 Jun 2025)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$20,000
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2020)

Holding (as at 31 Dec 2020)	Type	% of Portfolio
CFS Wholesale Indexed Global Share	Mutual Fund - Open End	141.91%
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FAQs about the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares

What is the objective of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The objective of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund is To outperform the MSCI All Country World Index over rolling five year periods before fees and taxes.

What is the strategy for the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The strategy of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund is The option is a purely stock-driven, unconstrained global equity strategy focused on investing in exceptional growth companies. This approach is expressly long term, with Baillie Gifford holding a belief that investing in companies with the scope to grow to multiples of their current size has the potential to transform the returns for investors over time. The option does not hedge currency risk.

What is the APIR code of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The APIR code of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund is FSF1700AU.

What was Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s total return last month?

Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s total return last month was 1.36%. This was made up of a growth return of 1.36% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

What was Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s total return for the last three months?

Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s total return for the last three months was 6.15%. This was made up of a growth return of 2.28% and an income return of 3.87%%. These returns were calculated as at 31 Aug 2023.

What is Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s one-year total return?

Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s one-year total return is 14.55%. This was made up of a growth return of 9.63% and an income return of 4.92%. These returns were calculated as at 31 Aug 2023.

What is Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s three-year total return?

Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares’s one-year total return is 8.01%. This was made up of a growth return of -2.22% and an income return of 10.23%. These returns were calculated as at 31 Aug 2023.

What is the asset allocation of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The asset allocation of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund is :

Australian Equities: 0.05%

International Equities: 95.52%

Cash: 2.26%

Property & Infrastructure: 2.17%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund belong to?

The Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund belongs to the Equity World Large Blend sector/asset class.

What is the size of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

As at 31 Aug 2023, the size of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund was $1.48 million.

What is the inception date of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund has an inception date of 18 May 2015.

What is the current entry price of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The current entry price of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund is $0.8431 per unit and the current exit price is $0.8431 per unit (as at 28 Sep 2023).

What is the current exit price of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The current exit price of the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund is $0.8431 per unit and the current entry price is $0.8431 per unit (as at 28 Sep 2023).

What is the minimum investment amount for the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares managed fund?

The minimum initial investment amount for the Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares 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.

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