InvestSMART

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

Fund Objective
To provide relatively stable returns with low potential for capital loss. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.
Fund Strategy
To allocate 90% of the investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. 10% of the portfolio is allocated to growth assets; such as shares and property securities; to improve diversification and performance. In order to provide additional diversification; the portfolio is allocated across a number of leading investment managers.

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 -0.63% 0.43% 1.16% -2.35% -1.33% -0.54% 0.95% 2.08%
Growth return -0.63% 0.43% 1.16% -2.35% -1.33% -0.54% 0.95% 2.08%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Con Tgt Alloc NR AUD)
Total return 0.17% 1.02% 3.67% 4.73% 6.32% 5.28% 1.72% 2.86%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - FirstChoice Defensive
Australian Equities
3.36%
International Equities
6.16%
Cash
8.38%
Fixed Interest
82.10%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
10.64%
International Equities
4.32%
Cash
27.57%
Fixed Interest
54.71%
Property & Infrastructure
1.02%
Alternatives
1.74%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - FirstChoice Defensive
Closed
Colonial First State Investments Limited
FSF0321AU
Multisector Conservative
starstarstar (as at 28 Feb 2023)
Allocated Pension
13 May 2002
$27.87 million (as at 28 Feb 2023)
$2.142 (as at 17 Mar 2023)
$2.1356 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
MER 0.92% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR) 0.92% (as at 30 Jun 2025)
Performance fee (not included in ICR) Not Available
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Jan 2025)

Holding (as at 31 Jan 2025) Type % of Portfolio
Australia (Commonwealth of) Bond - Gov't/Treasury 1.64%
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FAQs about the Colonial FirstChoice Pension - FirstChoice Defensive

The objective of the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is To provide relatively stable returns with low potential for capital loss. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.

The strategy of the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is To allocate 90% of the investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. 10% of the portfolio is allocated to growth assets; such as shares and property securities; to improve diversification and performance. In order to provide additional diversification; the portfolio is allocated across a number of leading investment managers.

The APIR code of the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is FSF0321AU.

Colonial FirstChoice Pension - FirstChoice Defensive’s total return last month was -0.63%. This was made up of a growth return of -0.63% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - FirstChoice Defensive’s total return for the last three months was 0.43%. This was made up of a growth return of 0.43% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - FirstChoice Defensive’s one-year total return is -2.35%. This was made up of a growth return of -2.35% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - FirstChoice Defensive’s one-year total return is -0.54%. This was made up of a growth return of -0.54% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

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

Australian Equities
3.36%
International Equities
6.16%
Cash
8.38%
Fixed Interest
82.10%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Pension - FirstChoice Defensive managed fund belongs to the Multisector Conservative sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - FirstChoice Defensive managed fund was $27.87 million.

The Colonial FirstChoice Pension - FirstChoice Defensive managed fund has an inception date of 13 May 2002.

The current entry price of the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is $2.142 per unit and the current exit price is $2.1356 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is $2.1356 per unit and the current entry price is $2.142 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - FirstChoice Defensive managed fund is $0. 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.