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  5. Colonial FirstChoice Pension - AZ Sestante Diversified - Managed fund profile

Colonial FirstChoice Pension - AZ Sestante Diversified - Managed Fund (Closed)

Fund Objective
To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To deliver a return in excess of CPI plus 3.5% per annum over rolling five-year periods before fees and taxes.
Fund Strategy
The option's broad asset allocation is to be 55% exposed to growth assets such as shares, property and infrastructure securities and 45% to defensive assets such as fixed interest and cash. The actual asset allocation will vary from this as the manager uses a tactical asset allocation approach to optimise expected risk and return outcomes for the portfolio. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The fund may hedge its currency exposure.

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 -1.08% 0.28% 1.89% -2.47% 0.6% 0.82% 2.51% -%
Growth return -1.08% 0.28% 1.89% -2.47% 0.6% 0.82% 2.51% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - AZ Sestante Diversified
Australian Equities
17.10%
International Equities
27.38%
Cash
6.85%
Property
7.09%
Fixed Interest
41.58%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.67%
International Equities
26.63%
Cash
9.30%
Property
4.39%
Fixed Interest
36.85%
Alternatives
6.17%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - AZ Sestante Diversified
Closed
FSF4032AU
Multisector Balanced
starstar (as at 28 Feb 2023)
Allocated Pension
22 May 2017
$2.38 million (as at 28 Feb 2023)
$1.1747 (as at 17 Mar 2023)
$1.1723 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.98% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0.14
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Pension - AZ Sestante Diversified

The objective of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund is To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To deliver a return in excess of CPI plus 3.5% per annum over rolling five-year periods before fees and taxes.

The strategy of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund is The option's broad asset allocation is to be 55% exposed to growth assets such as shares, property and infrastructure securities and 45% to defensive assets such as fixed interest and cash. The actual asset allocation will vary from this as the manager uses a tactical asset allocation approach to optimise expected risk and return outcomes for the portfolio. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The fund may hedge its currency exposure.

The APIR code of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund is FSF4032AU.

Colonial FirstChoice Pension - AZ Sestante Diversified’s total return last month was -1.08%. This was made up of a growth return of -1.08% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - AZ Sestante Diversified’s total return for the last three months was 0.28%. This was made up of a growth return of 0.28% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - AZ Sestante Diversified’s one-year total return is -2.47%. This was made up of a growth return of -2.47% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - AZ Sestante Diversified’s one-year total return is 0.82%. This was made up of a growth return of 0.82% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund is :

Australian Equities
17.10%
International Equities
27.38%
Cash
6.85%
Property
7.09%
Fixed Interest
41.58%
Alternatives
0%

The Colonial FirstChoice Pension - AZ Sestante Diversified managed fund belongs to the Multisector Balanced sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund was $2.38 million.

The Colonial FirstChoice Pension - AZ Sestante Diversified managed fund has an inception date of 22 May 2017.

The current entry price of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund is $1.1747 per unit and the current exit price is $1.1723 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - AZ Sestante Diversified managed fund is $1.1723 per unit and the current entry price is $1.1747 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - AZ Sestante Diversified 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.