General Information

CFS FC W PSup-Bennelong Kardin W Abs Ret
Colonial First State Investments Limited
Alternative Strategies
Not Rated
Superannuation Fund
16 May 2016
$8.1 million (as at 30 Jun 2017)
$1.0245 (as at 17 Aug 2017)
$1.0214 (as at 17 Aug 2017)

Fund performance (30 Jun 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 0.47 0.83 1.9 2.25 - - - -
Growth return -0.65 -0.78 1.13 -0.53 - - - -
Income return 1.12 1.61 0.77 2.78 - - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.97 2.13 2.42 3.72

Asset Allocation (30 Jun 2017)

Australian Equities 60.23%
International Equities 0%
Cash 39.77%
Property 0%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To achieve a return of 5% pa in excess of the Reserve Bank of Australia cash rate before fees and taxes over rolling five-year periods, with an overarching philosophy of capital protection.
Capital preservation is a primary investment objective. Through a combination of both top-down and bottom-up investing, the majority of stocks are selected after Kardinia's macroeconomic analysis has identified key investment thematics or trends. The option will generally have a maximum gross exposure (long plus short) of 150%. The option may use derivatives and short selling as part of its investment strategy, it may invest outside of Australia and does not hedge currency risk.

Offer information

Indirect Cost Ratio (ICR) 1.70% (as at 22 May 2017) (Estimated)
Performance fee 0
Minimum initial investment $1,500.00
Minimum additional investments
Minimum redemption amount

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