Colonial FirstChoice - Perpetual Conservative Growth - Managed Fund

Fund Objective

Aims to provide moderate growth over the medium term and income through investment in a diversified portfolio with an emphasis on cash and fixed income securities. The option aims to outperform the All Groups CPI 3.5% pa (before fees and taxes) over at least two-year periods and to outperform its composite benchmark (before fees and taxes) reflecting its allocation to the various asset types over rolling three-year periods.

Fund Strategy

Perpetual invests in a diverse mix of growth; defensive and other assets with a focus on cash; enhanced cash and fixed income securities. Tactical asset allocation strategies may be applied; which involves the option adjusting its exposure to asset classes on a regular basis within the allocation ranges. Currency is managed at the option level; taking into account currency exposure arising from underlying investments. Currency hedges may be used from time to time. Derivatives and exchange traded funds may be used.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	1.09%	2.72%	4.23%	6.72%	6.55%	5.38%	4.24%	3.82%
Growth return	1.09%	1.49%	1.89%	3.38%	2.68%	2.66%	1.11%	0.21%
Income return	0%	1.23%	2.34%	3.34%	3.87%	2.72%	3.13%	3.61%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return	1.06%	2.87%	4.38%	7.21%	7.92%	6.66%	3.89%	4.5%

As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice - Perpetual Conservative Growth

Australian Equities: 11.91%

International Equities: 16.69%

Cash: 14.42%

Fixed Interest: 46.35%

Alternatives: 10.63%

Property & Infrastructure: 0%

Average Allocation of Peers

Australian Equities: 10.93%

International Equities: 14.98%

Cash: 14.98%

Fixed Interest: 49.82%

Alternatives: 5.59%

Property & Infrastructure: 3.69%

General Information

Fund Details

Type	Description
Fund Name	Colonial FirstChoice - Perpetual Conservative Growth
Responsible Entity	Colonial First State Investments Limited
APIR Code	FSF0470AU
Sector/Asset Class	Multisector Moderate
Morningstar Rating	(as at 31 Aug 2025)
Legal Structure	Investment Fund
Fund Inception	23 Apr 2002
Fund Size	$20.51 million (as at 31 Aug 2025)
Entry Price	$1.1213 (as at 19 Sep 2025)
Exit Price	$1.1157 (as at 19 Sep 2025)
Fund Status	Open

Offer information

Type	Description
MER	1.17% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR)	1.17% (as at 30 Jun 2025)
Performance fee (not included in ICR)	Not Available
Minimum initial investment	$20,000
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2025)

Holding (as at 28 Feb 2025)	Type	% of Portfolio
BetaShares Aus High Interest Cash ETF	Mutual Fund - ETF	6.50%
Login now to view the complete list of holdings.

FAQs about the Colonial FirstChoice - Perpetual Conservative Growth

What is the objective of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The objective of the Colonial FirstChoice - Perpetual Conservative Growth managed fund is Aims to provide moderate growth over the medium term and income through investment in a diversified portfolio with an emphasis on cash and fixed income securities. The option aims to outperform the All Groups CPI +3.5% pa (before fees and taxes) over at least two-year periods and to outperform its composite benchmark (before fees and taxes) reflecting its allocation to the various asset types over rolling three-year periods.

What is the strategy for the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The strategy of the Colonial FirstChoice - Perpetual Conservative Growth managed fund is Perpetual invests in a diverse mix of growth; defensive and other assets with a focus on cash; enhanced cash and fixed income securities. Tactical asset allocation strategies may be applied; which involves the option adjusting its exposure to asset classes on a regular basis within the allocation ranges. Currency is managed at the option level; taking into account currency exposure arising from underlying investments. Currency hedges may be used from time to time. Derivatives and exchange traded funds may be used.

What is the APIR code of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The APIR code of the Colonial FirstChoice - Perpetual Conservative Growth managed fund is FSF0470AU.

What was Colonial FirstChoice - Perpetual Conservative Growth’s total return last month?

Colonial FirstChoice - Perpetual Conservative Growth’s total return last month was 1.09%. This was made up of a growth return of 1.09% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

What was Colonial FirstChoice - Perpetual Conservative Growth’s total return for the last three months?

Colonial FirstChoice - Perpetual Conservative Growth’s total return for the last three months was 2.72%. This was made up of a growth return of 1.49% and an income return of 1.23%%. These returns were calculated as at 31 Aug 2025.

What is Colonial FirstChoice - Perpetual Conservative Growth’s one-year total return?

Colonial FirstChoice - Perpetual Conservative Growth’s one-year total return is 6.72%. This was made up of a growth return of 3.38% and an income return of 3.34%. These returns were calculated as at 31 Aug 2025.

What is Colonial FirstChoice - Perpetual Conservative Growth’s three-year total return?

Colonial FirstChoice - Perpetual Conservative Growth’s one-year total return is 5.38%. This was made up of a growth return of 2.66% and an income return of 2.72%. These returns were calculated as at 31 Aug 2025.

What is the asset allocation of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The asset allocation of the Colonial FirstChoice - Perpetual Conservative Growth managed fund is :

Australian Equities: 11.91%

International Equities: 16.69%

Cash: 14.42%

Fixed Interest: 46.35%

Alternatives: 10.63%

Property & Infrastructure: 0%

Who is the responsible Entity of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The Responsible Entity for the Colonial FirstChoice - Perpetual Conservative Growth managed fund is Colonial First State Investments Limited.

What sector/asset class does the Colonial FirstChoice - Perpetual Conservative Growth managed fund belong to?

The Colonial FirstChoice - Perpetual Conservative Growth managed fund belongs to the Multisector Moderate sector/asset class.

What is the size of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

As at 31 Aug 2025, the size of the Colonial FirstChoice - Perpetual Conservative Growth managed fund was $20.51 million.

What is the inception date of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The Colonial FirstChoice - Perpetual Conservative Growth managed fund has an inception date of 23 Apr 2002.

What is the current entry price of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The current entry price of the Colonial FirstChoice - Perpetual Conservative Growth managed fund is $1.1213 per unit and the current exit price is $1.1157 per unit (as at 19 Sep 2025).

What is the current exit price of the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The current exit price of the Colonial FirstChoice - Perpetual Conservative Growth managed fund is $1.1157 per unit and the current entry price is $1.1213 per unit (as at 19 Sep 2025).

What is the minimum investment amount for the Colonial FirstChoice - Perpetual Conservative Growth managed fund?

The minimum initial investment amount for the Colonial FirstChoice - Perpetual Conservative Growth managed fund is $20,000.

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.

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