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  5. Colonial FirstChoice Wholesale Pension - Colonial Index Global Share - Managed fund profile

Colonial FirstChoice Wholesale Pension - Colonial Index Global Share - Managed Fund

Fund Objective
The option aims to provide a tax-effective income stream that exceeds the dividend yield of the S&P/ASX 200 Accumulation Index (grossed up for franking credits) by 2% p.a. over rolling five-year periods, before fees, expenses and tax, plus the potential for capital growth over the long term.
Fund Strategy
The option invests in a diversified portfolio comprising 30-70 Australian shares that aim to grow their dividends and deliver capital growth. The option has a strong emphasis on tax effectiveness, focusing on franked income, off-market share buy backs and minimising share turnover to keep net realised gains low. As an intrinsic value manager, the portfolio managers select stocks that represent good value with a focus on income-generating assets. The option is managed primarily on the basis of expected grossed up dividend yields.

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 2.88% 13.2% 18.76% 26.44% 14.54% 13.26% 13.21% 12.8%
Growth return 2.88% 13.2% 18.76% 26.44% 14.54% 13.26% 13.21% 12.8%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Pension - Colonial Index Global Share
Australian Equities
79.24%
International Equities
8.20%
Cash
5.35%
Property
7.21%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.12%
International Equities
92.04%
Cash
3.01%
Property
1.80%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - Colonial Index Global Share
Colonial First State Investments Limited
FSF0549AU
Equity World Large Blend
starstarstarstarstar (as at 31 Mar 2024)
Allocated Pension
12 Jul 2004
$1505.6 million (as at 29 Feb 2024)
$4.6988 (as at 18 Apr 2024)
$4.6941 (as at 18 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.35% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share

The objective of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund is The option aims to provide a tax-effective income stream that exceeds the dividend yield of the S&P/ASX 200 Accumulation Index (grossed up for franking credits) by 2% p.a. over rolling five-year periods, before fees, expenses and tax, plus the potential for capital growth over the long term.

The strategy of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund is The option invests in a diversified portfolio comprising 30-70 Australian shares that aim to grow their dividends and deliver capital growth. The option has a strong emphasis on tax effectiveness, focusing on franked income, off-market share buy backs and minimising share turnover to keep net realised gains low. As an intrinsic value manager, the portfolio managers select stocks that represent good value with a focus on income-generating assets. The option is managed primarily on the basis of expected grossed up dividend yields.

The APIR code of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund is FSF0549AU.

Colonial FirstChoice Wholesale Pension - Colonial Index Global Share’s total return last month was 2.88%. This was made up of a growth return of 2.88% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice Wholesale Pension - Colonial Index Global Share’s total return for the last three months was 13.2%. This was made up of a growth return of 13.2% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice Wholesale Pension - Colonial Index Global Share’s one-year total return is 26.44%. This was made up of a growth return of 26.44% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Colonial FirstChoice Wholesale Pension - Colonial Index Global Share’s one-year total return is 13.26%. This was made up of a growth return of 13.26% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund is :

Australian Equities
79.24%
International Equities
8.20%
Cash
5.35%
Property
7.21%
Fixed Interest
0%
Alternatives
0%

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

The Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund belongs to the Equity World Large Blend sector/asset class.

As at 29 Feb 2024, the size of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund was $1505.6 million.

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

The current entry price of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund is $4.6988 per unit and the current exit price is $4.6941 per unit (as at 18 Apr 2024).

The current exit price of the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share managed fund is $4.6941 per unit and the current entry price is $4.6988 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - Colonial Index Global Share 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.