Colonial FirstChoice Wholesale Pension - Colonial Defensive - Managed Fund

Fund Objective

To allocate 90% of the investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. 10% of the portfolio is allocated to growth assets, such as shares and property securities, to improve diversification and performance. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers.

Fund Strategy

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.2%	0.77%	1.2%	3.29%	4.2%	5.03%	2.26%	2.68%
Growth return	0.28%	1%	1.66%	3.92%	4.52%	5.24%	2.38%	2.75%
Income return	-0.08%	-0.23%	-0.46%	-0.63%	-0.32%	-0.21%	-0.12%	-0.07%
Market index (Morningstar AUS Con Tgt Alloc NR AUD)
Total return	0.1%	0.79%	0.88%	2.08%	3.62%	4.4%	1.52%	2.48%

As at 31 Aug 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 1.75%

Australian Equities: 12.19%

International Equities: 4.42%

Cash: 19.26%

Property & Infrastructure: 1%

Fixed Interest: 61.38%

General Information

Fund Details

Type	Description
Fund Name	Colonial FirstChoice Wholesale Pension - Colonial Defensive
Responsible Entity	Colonial First State Investments Limited
APIR Code	FSF0531AU
Sector/Asset Class	Multisector Conservative
Morningstar Rating	(as at 31 Aug 2026)
Legal Structure	Allocated Pension
Fund Inception	12 Jul 2004
Fund Size	$234.43 million (as at 31 Aug 2026)
Entry Price	$2.5389 (as at 17 Sep 2026)
Exit Price	$2.5313 (as at 17 Sep 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.72% (as at 23 May 2026)
Indirect Cost Ratio (ICR)	0.95% (as at 30 Jun 2025)
Minimum initial investment	$20,000
Minimum additional investments
Minimum redemption amount

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Colonial FirstChoice Wholesale Pension - Colonial Defensive

What is the objective of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The objective of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is To allocate 90% of the investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. 10% of the portfolio is allocated to growth assets, such as shares and property securities, to improve diversification and performance. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers.

What is the strategy for the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The strategy of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is To allocate 90% of the investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. 10% of the portfolio is allocated to growth assets, such as shares and property securities, to improve diversification and performance. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers.

What is the APIR code of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The APIR code of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is FSF0531AU.

What was Colonial FirstChoice Wholesale Pension - Colonial Defensive’s total return last month?

Colonial FirstChoice Wholesale Pension - Colonial Defensive’s total return last month was 0.2%. This was made up of a growth return of 0.28% and an income return of -0.08%. These returns were calculated as at 31 Aug 2026.

What was Colonial FirstChoice Wholesale Pension - Colonial Defensive’s total return for the last three months?

Colonial FirstChoice Wholesale Pension - Colonial Defensive’s total return for the last three months was 0.77%. This was made up of a growth return of 1% and an income return of -0.23%%. These returns were calculated as at 31 Aug 2026.

What is Colonial FirstChoice Wholesale Pension - Colonial Defensive’s one-year total return?

Colonial FirstChoice Wholesale Pension - Colonial Defensive’s one-year total return is 3.29%. This was made up of a growth return of 3.92% and an income return of -0.63%. These returns were calculated as at 31 Aug 2026.

What is Colonial FirstChoice Wholesale Pension - Colonial Defensive’s three-year total return?

Colonial FirstChoice Wholesale Pension - Colonial Defensive’s one-year total return is 5.03%. This was made up of a growth return of 5.24% and an income return of -0.21%. These returns were calculated as at 31 Aug 2026.

What is the asset allocation of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The asset allocation of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The Responsible Entity for the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is Colonial First State Investments Limited.

What sector/asset class does the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund belong to?

The Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund belongs to the Multisector Conservative sector/asset class.

What is the size of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

As at 31 Aug 2026, the size of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund was $234.43 million.

What is the inception date of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund has an inception date of 12 Jul 2004.

What is the current entry price of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The current entry price of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is $2.5389 per unit and the current exit price is $2.5313 per unit (as at 17 Sep 2026).

What is the current exit price of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The current exit price of the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund is $2.5313 per unit and the current entry price is $2.5389 per unit (as at 17 Sep 2026).

What is the minimum investment amount for the Colonial FirstChoice Wholesale Pension - Colonial Defensive managed fund?

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - Colonial Defensive 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.

What our members say about us