Colonial FirstChoice Wholesale Investment - Fidelity Australian Equities - Managed Fund

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Fund Performance Comparison

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Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 1.9 2 3.74 9.57 8 5.86 9.13 4.48
Growth return 1.9 1.44 2.26 6.31 4.9 2.71 5.93 1.56
Income return 0 0.56 1.48 3.26 3.1 3.15 3.2 2.92

Market index (S&P/ASX 200 TR AUD)

Total return 1.09 1.08 2.81 9.63 10.36 5.94 8.76 5.24

Asset Allocation (31 May 2018)

Australian Equities 95.48%
International Equities 0%
Cash 4.52%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Colonial FirstChoice Wholesale Investment - Fidelity Australian Equities
Colonial First State Investments Limited
FSF0790AU
Equity Australia Large Blend
starstarstar (as at 31 May 2018)
Investment Fund
6 Mar 2006
$243.73 million (as at 31 May 2018)
$1.1789 (as at 18 Jun 2018)
$1.1742 (as at 18 Jun 2018)

Objectives and Strategy

To achieve returns in excess of the S&P/ASX 200 Accumulation Index over rolling periods of three-years before fees and taxes.
The portfolio manager seeks out stocks that he believes are undervalued and likely to generate growth. The companies selected for the portfolio must demonstrate good management, strong competitive advantages and favourable industry dynamics. Fidelity makes contact with each company in the portfolio every 90 to 120 days to constantly refresh the investment thesis on each company and to ensure that it is continuing to perform in line with the option's objectives.

Offer information

Indirect Cost Ratio (ICR) 1.06% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

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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