InvestSMART

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic - Managed Fund (Closed)

Fund Objective
The option aims to generate a positive absolute return over rolling five year periods before fees and taxes by investing both long and short in global resource equities.
Fund Strategy
The fund aims to generate returns by capitalising on both our positive and negative views on resource companies globally. Positive views are implemented by holding the company's securities (long positions) and negative views by selling the company's securities, including short selling (short positions). Investments are generally selected by careful examination of the underlying companies and their assets. Derivatives may be used by the fund to achieve its investment objectives and control risk. The fund does not generally hedge currency risk.

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 -6.74% -12.7% -24.89% -26.34% -16.59% -% -% -%
Growth return -6.74% -12.7% -24.89% -26.34% -16.59% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (S&P Global Natural Resources TR AUD)
Total return 8.12% 6.86% 4.69% 8.54% 7.52% 15.32% 10.92% 9.14%
As at 31 Dec 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Average Allocation of Peers
Cash
1.72%
Australian Equities
26.43%
International Equities
71.17%
Property
0.68%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic
Closed
Colonial First State Investments Limited
FSF1401AU
Equity Global Resources
Not Rated
Allocated Pension
11 Jun 2013
$0.61 million (as at 30 Nov 2015)
$0.6983 (as at 19 Jan 2016)
$0.6983 (as at 19 Jan 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 2.79% (as at 18 May 2015) (Estimated)
Performance fee (included in ICR) 1.56
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic

The objective of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund is The option aims to generate a positive absolute return over rolling five year periods before fees and taxes by investing both long and short in global resource equities.

The strategy of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund is The fund aims to generate returns by capitalising on both our positive and negative views on resource companies globally. Positive views are implemented by holding the company's securities (long positions) and negative views by selling the company's securities, including short selling (short positions). Investments are generally selected by careful examination of the underlying companies and their assets. Derivatives may be used by the fund to achieve its investment objectives and control risk. The fund does not generally hedge currency risk.

The APIR code of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund is FSF1401AU.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic’s total return last month was -6.74%. This was made up of a growth return of -6.74% and an income return of 0%. These returns were calculated as at 31 Dec 2015.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic’s total return for the last three months was -12.7%. This was made up of a growth return of -12.7% and an income return of 0%%. These returns were calculated as at 31 Dec 2015.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic’s one-year total return is -26.34%. This was made up of a growth return of -26.34% and an income return of 0%. These returns were calculated as at 31 Dec 2015.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic’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 Dec 2015.

The asset allocation of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%

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

The Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund belongs to the Equity Global Resources sector/asset class.

As at 30 Nov 2015, the size of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund was $0.61 million.

The Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund has an inception date of 11 Jun 2013.

The current entry price of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund is $0.6983 per unit and the current exit price is $0.6983 per unit (as at 19 Jan 2016).

The current exit price of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic managed fund is $0.6983 per unit and the current entry price is $0.6983 per unit (as at 19 Jan 2016).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Global Resources Tactic 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.