General Information

CFS FC W Pen-Magellan W Infrastructure
Colonial First State Investments Limited
Infrastructure - Global
Not Rated
Allocated Pension
16 May 2016
$36.35 million (as at 30 Jun 2017)
$1.1338 (as at 17 Aug 2017)
$1.1292 (as at 17 Aug 2017)

Fund performance (31 Jul 2017)

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 0.21 1.89 12.89 7.61 - - - -
Growth return 0.21 1.89 12.89 7.61 - - - -
Income return 0 0 0 0 - - - -

Market index (S&P Global Infrastructure NR Hdg AUD)

Total return 1.61 3.69 12.78 11.41 8.34 8.71 12.68 6.04

Asset Allocation (31 Jul 2017)

Australian Equities 14.67%
International Equities 75.42%
Cash 9.91%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To achieve attractive risk-adjusted returns over the medium to long-term, while reducing the risk of permanent capital loss via investment in global infrastructure. The option aims to outperform the S&P Global Infrastructure Index hedged to Australian dollars over rolling five-year periods before fees and taxes
The option will invest in companies that generate the dominant part of their earnings from the ownership of infrastructure assets. Magellan endeavours to acquire these companies at discounts to their assessed intrinsic value. Magellan anticipates that the portfolio will comprise 20 to 40 investments. This option aims to hedge currency risk.

Offer information

Indirect Cost Ratio (ICR) 1.37% (as at 22 May 2017) (Estimated)
Performance fee 0
Minimum initial investment $20,000
Minimum additional investments

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