Colonial FirstChoice Wholesale Pension - Colonial Wholesale Target Return Income - Managed Fund

Fund Performance Comparison

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Benchmark ({{ }})
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Fees Comparison

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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 0.45 0.82 0.85 3.28 4.18 3.58 3.44 4.68
Growth return 0.45 0.82 0.85 3.28 4.18 3.58 3.44 4.68
Income return 0 0 0 0 0 0 0 0
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.48 0.82 1.69 3.09 1.66 3.41 4.38 6.09
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fixed Interest
Australian Equities
International Equities

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - Colonial Wholesale Target Return Income
Colonial First State Investments Limited
Multi-Strategy Income
starstarstarstar (as at 30 Jun 2018)
Allocated Pension
16 May 2005
$41.46 million (as at 30 Jun 2018)
$1.9092 (as at 19 Jul 2018)
$1.9035 (as at 19 Jul 2018)
Fund Objective
To actively manage investor capital to target a total return of 3% pa above the Reserve Bank of Australia cash rate over three years (including franking) before fees and taxes by investing across income producing assets including cash, bonds, capital notes and equity income strategies. The option will aim to pay an annual income in the region of 5% out of its total return.
Fund Strategy
The option manages a broad opportunity set of income producing investments, actively adjusting the investment mix to achieve the target return under all market conditions. The investment style is an active, research-driven decision making process that seeks to construct a portfolio of the best ideas across the capital structure in a risk aware framework. The option provides daily liquidity and is managed from the perspective of an Australian investor, thereby incorporating the benefits of franking credits.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.59% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0.04
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2018)

Holding (as at 31 Mar 2018) Type % of Portfolio
National Australia Bank Ltd Pref. Shs 2013-Without Fixed Maturity Mand Preferred Stock 6.58%
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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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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