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  5. Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares - Managed fund profile

Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares - Managed Fund

Fund Objective
To provide long-term capital growth by investing in a concentrated portfolio of 15-30 stocks. The fund aims to outperform the S&P/ASX 300 Accumulation Index over rolling three year periods before fees and taxes.
Fund Strategy
The fund's strategy is based on the belief that, over the medium-to-long term, stock prices are driven by the ability of management to generate excess returns over their cost of capital in their chosen industry. The fund generally invests in a concentrated selection of high quality companies with strong balance sheets and earnings in the S&P/ASX 300 Accumulation Index.

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 3.89% 7.85% 18.06% 23.2% 7.43% 8.01% 11.99% 10.48%
Growth return 3.89% 7.85% 18.06% 23.2% 7.43% 8.01% 11.99% 10.48%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares
Australian Equities
77.23%
International Equities
13.69%
Cash
2.98%
Property
6.10%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.52%
International Equities
4.01%
Cash
0.83%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares
FSF0527AU
Equity Australia Large Growth
starstarstarstar (as at 31 Mar 2024)
Allocated Pension
12 Jul 2004
$89.5 million (as at 29 Feb 2024)
$6.142 (as at 18 Apr 2024)
$6.1297 (as at 18 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.99% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
BHP Group Ltd Equity 10.24%
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FAQs about the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares

The objective of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund is To provide long-term capital growth by investing in a concentrated portfolio of 15-30 stocks. The fund aims to outperform the S&P/ASX 300 Accumulation Index over rolling three year periods before fees and taxes.

The strategy of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund is The fund's strategy is based on the belief that, over the medium-to-long term, stock prices are driven by the ability of management to generate excess returns over their cost of capital in their chosen industry. The fund generally invests in a concentrated selection of high quality companies with strong balance sheets and earnings in the S&P/ASX 300 Accumulation Index.

The APIR code of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund is FSF0527AU.

Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares’s total return last month was 3.89%. This was made up of a growth return of 3.89% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares’s total return for the last three months was 7.85%. This was made up of a growth return of 7.85% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares’s one-year total return is 23.2%. This was made up of a growth return of 23.2% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares’s one-year total return is 8.01%. This was made up of a growth return of 8.01% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund is :

Australian Equities
77.23%
International Equities
13.69%
Cash
2.98%
Property
6.10%
Fixed Interest
0%
Alternatives
0%

The Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 29 Feb 2024, the size of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund was $89.5 million.

The Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund has an inception date of 12 Jul 2004.

The current entry price of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund is $6.142 per unit and the current exit price is $6.1297 per unit (as at 18 Apr 2024).

The current exit price of the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares managed fund is $6.1297 per unit and the current entry price is $6.142 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - FSI Concentrated Australian Shares 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.