Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 2.08 4.45 4.22 12.07 12.39 7.9 - -
Growth return -0.24 2.07 1.85 8.66 8.45 4.92 - -
Income return 2.32 2.38 2.37 3.41 3.94 2.98 - -
Market index (MSCI World Ex Australia NR AUD)
Total return 2.33 5.53 6.37 15.39 15.06 9.95 14.91 9.15
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

International Equities
96.83%
Cash
3.17%

General Information

Fund Details
Type Description
Colonial FirstChoice - Milliman Wholesale Managed Risk Global Shares
Colonial First State Investments Limited
FSF1700AU
Equity World Large Blend
starstar (as at 30 Jun 2018)
Investment Fund
18 May 2015
$3.97 million (as at 30 Jun 2018)
$1.1708 (as at 12 Jul 2018)
$1.1661 (as at 12 Jul 2018)
Fund Objective
The fund aims to provide long-term capital growth through exposure to equity markets while utilising a risk management strategy designed to reduce volatility and minimise losses in declining markets. The fund aims to perform in line with the MSCI World Index (ex-Australia) over rolling five-year periods before fees and taxes with lower volatility and improved risk adjusted returns over a full market cycle.
Fund Strategy
The fund is exposed to an equity index fund which aims to match the performance of the MSCI World (ex Australia) Index. The fund will also utilise exchange-traded equity index future contracts to implement the fund's objective of reducing overall portfolio volatility and providing downside protection by hedging against market risk. Consequently, the fund may underperform in rising equity markets and may also limit losses in falling markets. The underlying equity index fund does not hedge currency risk.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.76% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2018)

Holding (as at 31 Mar 2018) Type % of Portfolio
CFS Wholesale Indexed Global Share Mutual Fund - Open End 119.60%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%.

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Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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