General Information

CFS FC W Pen-Aspect W Div Futures
Colonial First State Investments Limited
Alternative Strategies ? Managed Futures
Not Rated
Allocated Pension
22 Mar 2010
$150.91 million (as at 31 Jul 2017)
$1.5312 (as at 16 Aug 2017)
$1.5312 (as at 16 Aug 2017)

Fund performance (31 Jul 2017)

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 0.61 -2 -3.23 -9.95 -2.06 9.01 3.28 -
Growth return 0.61 -2 -3.23 -9.95 -2.06 9.01 - -
Income return 0 0 0 0 0 0 - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.97 2.13 2.42 3.72

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

To generate significant medium-term capital growth independent of overall movements in traditional stock and bond markets within a rigorous risk management framework. The option aims to provide a return greater than the Reserve Bank of Australia cash rate over rolling three-year periods after fees and taxes.
Aspect takes a quantitative and systematic investment approach. Aspect's trend-following systems trade in over 120 of the most liquid global futures and forward markets and employ a fully automated system to process and analyse market data as well as idiosyncratic non-price data in order to identify and exploit directional moves (or 'trends') in markets. By maintaining comparatively small exposures to any individual contract, Aspect achieves sector and contract diversification. The option aims to minimise unintentional currency exposure.

Offer information

Indirect Cost Ratio (ICR) 2.84% (as at 22 May 2017) (Estimated)
Performance fee 1.07
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Apr 2015)

Holding Type % of Portfolio
90 Day Bank Acc Bill Future Interest Rate Future 19.33%
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