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  5. Colonial FirstChoice - Perpetual Diversified Income - Managed fund profile

Colonial FirstChoice - Perpetual Diversified Income - Managed Fund

Fund Objective
To provide investors with regular income and consistent returns above the Bloomberg AusBond Bank Bill Index over rolling three year periods (before fees and taxes) by investing in a diverse range of income generating assets.
Fund Strategy
The Option manages risks through an active and risk aware investment process which mainly invests in a diversified core portfolio of liquid credit securities. Perpetual believes these assets provide investors with protection in times of market stress. Perpetual seeks to enhance returns by taking more risk whether that be in maturity, credit rating or subordination. The Option can also invest in alternative income generating securities. This approach is Perpetual's preferred method to deliver the highest possible risk adjusted returns.

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 0.61% 2.08% 4.28% 7.71% 4.84% 3.1% 3.01% 3.1%
Growth return -0.56% 0.89% 2.08% 1.45% 1% -0.02% 0.42% 0.2%
Income return 1.17% 1.19% 2.2% 6.26% 3.84% 3.12% 2.59% 2.9%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.81% -0.31% 5.1% 2.53% -1.56% -2.38% -% 2.33%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice - Perpetual Diversified Income
Cash
8.63%
Fixed Interest
91.37%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
8.92%
Fixed Interest
90.16%
Australian Equities
0.33%
International Equities
0.10%
Property
0.02%
Alternatives
0.47%

General Information

Fund Details
Type Description
Colonial FirstChoice - Perpetual Diversified Income
FSF1244AU
Diversified Credit
starstarstarstar (as at 31 Mar 2024)
Investment Fund
19 May 2011
$133.89 million (as at 29 Feb 2024)
$1.0486 (as at 16 Apr 2024)
$1.0455 (as at 16 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.94% (as at 30 Jun 2021) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum redemption amount

FAQs about the Colonial FirstChoice - Perpetual Diversified Income

The objective of the Colonial FirstChoice - Perpetual Diversified Income managed fund is To provide investors with regular income and consistent returns above the Bloomberg AusBond Bank Bill Index over rolling three year periods (before fees and taxes) by investing in a diverse range of income generating assets.

The strategy of the Colonial FirstChoice - Perpetual Diversified Income managed fund is The Option manages risks through an active and risk aware investment process which mainly invests in a diversified core portfolio of liquid credit securities. Perpetual believes these assets provide investors with protection in times of market stress. Perpetual seeks to enhance returns by taking more risk whether that be in maturity, credit rating or subordination. The Option can also invest in alternative income generating securities. This approach is Perpetual's preferred method to deliver the highest possible risk adjusted returns.

The APIR code of the Colonial FirstChoice - Perpetual Diversified Income managed fund is FSF1244AU.

Colonial FirstChoice - Perpetual Diversified Income’s total return last month was 0.61%. This was made up of a growth return of -0.56% and an income return of 1.17%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice - Perpetual Diversified Income’s total return for the last three months was 2.08%. This was made up of a growth return of 0.89% and an income return of 1.19%%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice - Perpetual Diversified Income’s one-year total return is 7.71%. This was made up of a growth return of 1.45% and an income return of 6.26%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice - Perpetual Diversified Income’s one-year total return is 3.1%. This was made up of a growth return of -0.02% and an income return of 3.12%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Colonial FirstChoice - Perpetual Diversified Income managed fund is :

Cash
8.63%
Fixed Interest
91.37%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Colonial FirstChoice - Perpetual Diversified Income managed fund belongs to the Diversified Credit sector/asset class.

As at 29 Feb 2024, the size of the Colonial FirstChoice - Perpetual Diversified Income managed fund was $133.89 million.

The Colonial FirstChoice - Perpetual Diversified Income managed fund has an inception date of 19 May 2011.

The current entry price of the Colonial FirstChoice - Perpetual Diversified Income managed fund is $1.0486 per unit and the current exit price is $1.0455 per unit (as at 16 Apr 2024).

The current exit price of the Colonial FirstChoice - Perpetual Diversified Income managed fund is $1.0455 per unit and the current entry price is $1.0486 per unit (as at 16 Apr 2024).

The minimum initial investment amount for the Colonial FirstChoice - Perpetual Diversified Income 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.