Colonial FirstChoice Pension - Magellan Global - Managed Fund (Closed)

The objective of the Colonial FirstChoice Pension - Magellan Global managed fund is To achieve attractive risk-adjusted returns over the medium-to-long term, while reducing the risk of permanent capital loss via investment in global shares. The option aims to deliver 9% p.a. net of fees over the economic cycle. The option also aims to outperform the MSCI World Index over rolling five-year periods before fees and taxes

The strategy of the Colonial FirstChoice Pension - Magellan Global managed fund is Magellan aims to find companies at attractive prices which have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. Magellan will endeavour to acquire these companies at a discount to its assessment of the intrinsic value of the companies. The portfolio will consist of 20 to 40 investments. This option does not hedge currency risk.

The APIR code of the Colonial FirstChoice Pension - Magellan Global managed fund is FSF1217AU.

Colonial FirstChoice Pension - Magellan Global’s total return last month was 0.45%. This was made up of a growth return of 0.45% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Magellan Global’s total return for the last three months was -2.74%. This was made up of a growth return of -2.74% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Magellan Global’s one-year total return is -3.72%. This was made up of a growth return of -3.72% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Magellan Global’s one-year total return is -0.21%. This was made up of a growth return of -0.21% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

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

The Colonial FirstChoice Pension - Magellan Global managed fund belongs to the Equity World Large Blend sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - Magellan Global managed fund was $43.55 million.

The Colonial FirstChoice Pension - Magellan Global managed fund has an inception date of 11 Apr 2011.

The current entry price of the Colonial FirstChoice Pension - Magellan Global managed fund is $3.981 per unit and the current exit price is $3.977 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - Magellan Global managed fund is $3.977 per unit and the current entry price is $3.981 per unit (as at 17 Mar 2023).

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