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  5. Colonial FirstChoice Pension - MFS Global Equity - Managed fund profile

Colonial FirstChoice Pension - MFS Global Equity - Managed Fund (Closed)

Fund Objective
To provide capital appreciation over the longer term by investing in a diversified portfolio of global shares (unhedged) and aims to outperform the MSCI World Index over rolling five-year periods, before fees and taxes.
Fund Strategy
MFS' philosophy is based on the belief that companies with sustainable above-average growth and returns, and whose prospects are not reflected in their valuation, will outperform in the long run. The value of compounding high returns on capital and above-average growth rates over long time periods is often underestimated by the market. Through fundamental analysis, MFS seeks to identify enduring businesses, focusing on operational risks and the long-term potential for change.

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 1.92% 0.7% 9.13% 1.1% 7.22% 6.51% 8.42% 11.67%
Growth return 1.92% 0.7% 9.13% 1.1% 7.22% 6.51% 8.42% 11.67%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - MFS Global Equity
International Equities
99.44%
Cash
0.56%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.04%
Cash
3.01%
Australian Equities
3.12%
Property
1.80%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - MFS Global Equity
Closed
FSF0341AU
Equity World Large Blend
starstarstar (as at 28 Feb 2023)
Allocated Pension
13 May 2002
$20.24 million (as at 28 Feb 2023)
$2.0688 (as at 17 Mar 2023)
$2.0667 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.25% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Pension - MFS Global Equity

The objective of the Colonial FirstChoice Pension - MFS Global Equity managed fund is To provide capital appreciation over the longer term by investing in a diversified portfolio of global shares (unhedged) and aims to outperform the MSCI World Index over rolling five-year periods, before fees and taxes.

The strategy of the Colonial FirstChoice Pension - MFS Global Equity managed fund is MFS' philosophy is based on the belief that companies with sustainable above-average growth and returns, and whose prospects are not reflected in their valuation, will outperform in the long run. The value of compounding high returns on capital and above-average growth rates over long time periods is often underestimated by the market. Through fundamental analysis, MFS seeks to identify enduring businesses, focusing on operational risks and the long-term potential for change.

The APIR code of the Colonial FirstChoice Pension - MFS Global Equity managed fund is FSF0341AU.

Colonial FirstChoice Pension - MFS Global Equity’s total return last month was 1.92%. This was made up of a growth return of 1.92% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - MFS Global Equity’s total return for the last three months was 0.7%. This was made up of a growth return of 0.7% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - MFS Global Equity’s one-year total return is 1.1%. This was made up of a growth return of 1.1% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - MFS Global Equity’s one-year total return is 6.51%. This was made up of a growth return of 6.51% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

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

International Equities
99.44%
Cash
0.56%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - MFS Global Equity managed fund was $20.24 million.

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

The current entry price of the Colonial FirstChoice Pension - MFS Global Equity managed fund is $2.0688 per unit and the current exit price is $2.0667 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - MFS Global Equity managed fund is $2.0667 per unit and the current entry price is $2.0688 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - MFS Global Equity 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.