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  5. Colonial FirstChoice Pension - Acadian Defensive Income - Managed fund profile

Colonial FirstChoice Pension - Acadian Defensive Income - Managed Fund (Closed)

Fund Objective
To provide investment returns in excess of the Reserve Bank of Australia cash rate over rolling three-year periods before fees and taxes, with a relatively low degree of volatility. This will be achieved by combining cash and fixed interest investments with long and short equity holdings chosen using Acadian Australia's equity investment process.
Fund Strategy
The option's strategy is to adopt an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the Australian Securities Exchange. The option will seek to enhance returns by taking long and short positions in securities generally listed on the Australian Securities Exchange. The long/short structure aims to minimise equity market risk whilst benefiting from franking credits and Acadian's sophisticated analytical models for stock selection.

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 1.31% 2.71% 4.57% 5.74% 3.49% 1.91% 1.33% 1.7%
Growth return 1.31% 2.71% 4.57% 5.74% 3.49% 1.91% 1.33% 1.7%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - Acadian Defensive Income
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
5.98%
International Equities
9.98%
Cash
46.42%
Property
2.07%
Fixed Interest
15.60%
Alternatives
19.95%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - Acadian Defensive Income
Closed
FSF0933AU
Alternative - Other
starstarstarstar (as at 31 Aug 2012)
Allocated Pension
19 May 2008
$0.82 million (as at 28 Feb 2023)
$1.4824 (as at 17 Mar 2023)
$1.4794 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.64% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2017)

Holding (as at 31 Jan 2017) Type % of Portfolio
Orica Ltd Equity 798.12%
Login now to view the complete list of holdings.

FAQs about the Colonial FirstChoice Pension - Acadian Defensive Income

The objective of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is To provide investment returns in excess of the Reserve Bank of Australia cash rate over rolling three-year periods before fees and taxes, with a relatively low degree of volatility. This will be achieved by combining cash and fixed interest investments with long and short equity holdings chosen using Acadian Australia's equity investment process.

The strategy of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is The option's strategy is to adopt an active approach to managing a portfolio of money market and fixed income securities along with stocks listed on the Australian Securities Exchange. The option will seek to enhance returns by taking long and short positions in securities generally listed on the Australian Securities Exchange. The long/short structure aims to minimise equity market risk whilst benefiting from franking credits and Acadian's sophisticated analytical models for stock selection.

The APIR code of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is FSF0933AU.

Colonial FirstChoice Pension - Acadian Defensive Income’s total return last month was 1.31%. This was made up of a growth return of 1.31% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Acadian Defensive Income’s total return for the last three months was 2.71%. This was made up of a growth return of 2.71% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Acadian Defensive Income’s one-year total return is 5.74%. This was made up of a growth return of 5.74% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Acadian Defensive Income’s one-year total return is 1.91%. This was made up of a growth return of 1.91% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is :

Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Colonial FirstChoice Pension - Acadian Defensive Income managed fund belongs to the Alternative - Other sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund was $0.82 million.

The Colonial FirstChoice Pension - Acadian Defensive Income managed fund has an inception date of 19 May 2008.

The current entry price of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is $1.4824 per unit and the current exit price is $1.4794 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is $1.4794 per unit and the current entry price is $1.4824 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - Acadian Defensive Income managed fund is $20,000. Minimum additional investment is $0.

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.