Colonial FirstChoice Wholesale Pension - Kapstream Wholesale Absolute Return - Managed Fund

Fund Performance Comparison

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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 0.13 0.41 0.82 2.38 2.66 2.65 - -
Growth return 0.13 0.41 0.82 2.38 2.66 2.65 - -
Income return 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
99.95%
Cash
0.05%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - Kapstream Wholesale Absolute Return
Colonial First State Investments Limited
FSF1631AU
Multi-Strategy Income
starstarstar (as at 30 Jun 2018)
Allocated Pension
19 May 2014
$450.02 million (as at 30 Jun 2018)
$1.1282 (as at 18 Jul 2018)
$1.1259 (as at 18 Jul 2018)
Fund Objective
To provide investors with a diversified exposure to fixed interest with an absolute return focus. The option aims to consistently deliver capital stability and a reliable income stream and outperform its composite benchmark (50% Bloomberg AusBond Bank Bill Index and 50% Bloomberg AusBond Composite 0C3 Yr Index) over rolling three-year periods before fees and taxes through active diversification across sectors and geographies.
Fund Strategy
Kapstream applies a distinctive approach to fixed income investments, actively allocating between specific investment strategies on an ongoing basis. Kapstream seeks out value across sectors and geographies where it can take advantage of unique opportunities that are often overlooked or under-represented in market indices. It manages total portfolio risk, so the option can deliver capital stability with a regular income stream. The result is the potential for consistent positive returns, with less risk. The option aims to hedge currency risk.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.02% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments

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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76%*

Underperform the industry standard benchmarks

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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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