Colonial FirstChoice Wholesale Pension - Ironbark Wholesale Property Securities - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 2.67 7.01 3.17 7.83 5.55 8.68 11.41 4.87
Growth return 2.67 7.01 3.17 7.83 5.55 8.68 11.41 4.87
Income return 0 0 0 0 0 0 0 0

Market index (S&P/ASX 200 A-REIT TR)

Total return 3.07 7.75 1.03 5.29 3.62 7.38 11.34 4.55

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 5.13%
Property 94.87%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Colonial FirstChoice Wholesale Pension - Ironbark Wholesale Property Securities
Colonial First State Investments Limited
Equity Australia Real Estate
starstarstarstarstar (as at 31 May 2018)
Allocated Pension
12 Jul 2004
$25.79 million (as at 31 May 2018)
$1.9381 (as at 20 Jun 2018)
$1.9303 (as at 20 Jun 2018)

Objectives and Strategy

To provide income returns and achieve long-term capital growth through investment in listed property securities. The option aims to outperform the S&P/ASX 300 A-REIT Accumulation Index, after fees and before taxes, over rolling three-year periods, subject to an acceptable level of risk.
The option will generally be invested in property securities listed on the Australian Securities Exchange. As an active manager, the investment team seeks to hold securities that it believes will outperform the market. Decisions on which securities to buy or sell are based upon in-depth research of listed and direct property markets and also a disciplined approach to managing risk. The manager focuses on bottom-up security selection, but also believes it is important to consider overall portfolio exposures in terms of sector and geography.

Offer information

Indirect Cost Ratio (ICR) 0.97% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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