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  5. Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares - Managed fund profile

Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares - Managed Fund (Closed)

Fund Objective
The option seeks to generate equity-like returns with lower volatility than the Australian equity market over a full investment cycle.
Fund Strategy
Lodestar typically invests in a concentrated portfolio of securities listed on the Australian Securities Exchange. Lodestar has the ability to: invest in cash when the opportunities in the equities market are poor, apply leverage and hedging to increase returns and/or reduce risks, use derivatives, and short sell stocks when they are unattractive relative to their inherent value. Lodestar's returns aim to be less volatile than the share market over the medium term.

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 0.38% 3.93% 3.95% -1.98% -1.6% -% -% -%
Growth return 0.38% 3.93% 3.95% -1.98% -1.6% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 30 Apr 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
0.83%
Australian Equities
91.51%
International Equities
4.01%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares
Closed
Colonial First State Investments Limited
FSF1033AU
Equity Australia Other
Not Rated
Allocated Pension
1 Jun 2009
$10.65 million (as at 30 Apr 2012)
$1.1241 (as at 11 May 2012)
$1.1241 (as at 11 May 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.38% (as at 30 Jun 2011) (Estimated)
Minimum initial investment $20,000
Minimum additional investments

FAQs about the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares

The objective of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is The option seeks to generate equity-like returns with lower volatility than the Australian equity market over a full investment cycle.

The strategy of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is Lodestar typically invests in a concentrated portfolio of securities listed on the Australian Securities Exchange. Lodestar has the ability to: invest in cash when the opportunities in the equities market are poor, apply leverage and hedging to increase returns and/or reduce risks, use derivatives, and short sell stocks when they are unattractive relative to their inherent value. Lodestar's returns aim to be less volatile than the share market over the medium term.

The APIR code of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is FSF1033AU.

Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares’s total return last month was 0.38%. This was made up of a growth return of 0.38% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares’s total return for the last three months was 3.93%. This was made up of a growth return of 3.93% and an income return of 0%%. These returns were calculated as at 30 Apr 2012.

Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares’s one-year total return is -1.98%. This was made up of a growth return of -1.98% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares’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 30 Apr 2012.

The asset allocation of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund belongs to the Equity Australia Other sector/asset class.

As at 30 Apr 2012, the size of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund was $10.65 million.

The Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund has an inception date of 1 Jun 2009.

The current entry price of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is $1.1241 per unit and the current exit price is $1.1241 per unit (as at 11 May 2012).

The current exit price of the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares managed fund is $1.1241 per unit and the current entry price is $1.1241 per unit (as at 11 May 2012).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - Lodestar Wholesale Australian Strategy Shares 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.