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  5. Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha - Managed fund profile

Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha - Managed Fund (Closed)

Fund Objective
The Fund's investment objective is to maximise total returns by implementing a diverse range of global tactical asset allocation strategies within a flexible but disciplined risk management framework. The Fund targets a return of 12 percentage points above the UBS Australia Bank Bill Index over rolling 3 year periods, gross of fees. Most, if not all, of the Fund's returns are likely to be in the form of income rather than capital gains.
Fund Strategy
The strategies that the Fund adopts are thematic, concentrating on exploiting trends, likely developments and mis-pricing in global asset markets. Strategies adopted encompass equity, cash, fixed interest, property, commodity and currency markets. In selecting appropriate trades for the Fund, particular emphasis is placed on being able to execute strategies in a targeted, cost efficient and risk controlled manner. Futures, swaps and options are extensively used in this process although at times physical instruments and securities may be held.

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 0.17% -1.24% -5.27% -13.61% -% -% -% -%
Growth return 0.17% -1.24% -5.27% -13.61% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 31 Mar 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
19.95%
Australian Equities
5.98%
International Equities
9.98%
Cash
46.42%
Property
2.07%
Fixed Interest
15.60%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha
Closed
Colonial First State Investments Limited
FSF1212AU
Alternative - Other
Not Rated
Allocated Pension
11 Apr 2011
$3.63 million (as at 31 Mar 2013)
$0.8651 (as at 9 Apr 2013)
$0.8651 (as at 9 Apr 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.74% (as at 30 Jun 2012)
Performance fee (not included in ICR) 1.41
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha

The objective of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is The Fund's investment objective is to maximise total returns by implementing a diverse range of global tactical asset allocation strategies within a flexible but disciplined risk management framework. The Fund targets a return of 12 percentage points above the UBS Australia Bank Bill Index over rolling 3 year periods, gross of fees. Most, if not all, of the Fund's returns are likely to be in the form of income rather than capital gains.

The strategy of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is The strategies that the Fund adopts are thematic, concentrating on exploiting trends, likely developments and mis-pricing in global asset markets. Strategies adopted encompass equity, cash, fixed interest, property, commodity and currency markets. In selecting appropriate trades for the Fund, particular emphasis is placed on being able to execute strategies in a targeted, cost efficient and risk controlled manner. Futures, swaps and options are extensively used in this process although at times physical instruments and securities may be held.

The APIR code of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is FSF1212AU.

Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha’s total return last month was 0.17%. This was made up of a growth return of 0.17% and an income return of 0%. These returns were calculated as at 31 Mar 2013.

Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha’s total return for the last three months was -1.24%. This was made up of a growth return of -1.24% and an income return of 0%%. These returns were calculated as at 31 Mar 2013.

Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha’s one-year total return is -13.61%. This was made up of a growth return of -13.61% and an income return of 0%. These returns were calculated as at 31 Mar 2013.

Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2013.

The asset allocation of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is :

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

The Responsible Entity for the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Mar 2013, the size of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund was $3.63 million.

The Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund has an inception date of 11 Apr 2011.

The current entry price of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is $0.8651 per unit and the current exit price is $0.8651 per unit (as at 9 Apr 2013).

The current exit price of the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is $0.8651 per unit and the current entry price is $0.8651 per unit (as at 9 Apr 2013).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - BlackRock Wholesale Asset Allocation Alpha managed fund is $20,000. Minimum additional investment is $0.

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.