Colonial FirstChoice Pension - Acadian Australian Equity Long/Short - Managed Fund (Closed)

The objective of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is To maximise risk-adjusted, long-term returns by investing in undervalued stocks and short selling overvalued stocks listed on the Australian Securities Exchange while carefully controlling portfolio risk and transaction costs. The option aims to outperform the S&P/ASX 300 Accumulation Index over rolling four year periods before fees and taxes.

The strategy of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is Acadian's investment approach employs structured stock and industry valuation models, which are designed to capture a broad range of relevant characteristics such as value, earnings growth and price-related factors. Stocks that Acadian believes are undervalued will be purchased and overvalued stocks will be selectively short sold. The option will generally maintain a gross long exposure of 130% and a gross short exposure of 30% (130/30), with an upper limit of 150/50. The option does not hedge currency risk.

The APIR code of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is FSF0820AU.

Colonial FirstChoice Pension - Acadian Australian Equity Long/Short’s total return last month was -2.01%. This was made up of a growth return of -2.01% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Acadian Australian Equity Long/Short’s total return for the last three months was 2.19%. This was made up of a growth return of 2.19% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Acadian Australian Equity Long/Short’s one-year total return is 13.63%. This was made up of a growth return of 13.63% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Acadian Australian Equity Long/Short’s one-year total return is 12.1%. This was made up of a growth return of 12.1% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is :

The Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund was $3.46 million.

The Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund has an inception date of 3 Mar 2006.

The current entry price of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is $3.5339 per unit and the current exit price is $3.5233 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is $3.5233 per unit and the current entry price is $3.5339 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - Acadian Australian Equity Long/Short managed fund is $20,000. Minimum additional investment is $0.