General Information

CFS FC W PSup-Macquarie W Income Opps
Colonial First State Investments Limited
Diversified Credit
starstarstar (as at 31 Jul 2017)
Superannuation Fund
1 Jun 2009
$229.99 million (as at 31 Jul 2017)
$1.4385 (as at 17 Aug 2017)
$1.4342 (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 0.43 1.02 2.19 3.64 2.64 2.28 3.38 -
Growth return 0.43 1.02 2.19 3.64 2.64 2.28 - -
Income return 0 0 0 0 0 0 - -

Market index (BBgBarc Global Aggregate TR Hdg AUD)

Total return 0.37 0.79 2.49 0.14 4.37 5.05 5.25 7.44

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 0%
Cash 1.15%
Property 0%
Fixed Interest 98.85%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To generate income by investing in the full spectrum of domestic credit-based securities, with the potential to invest in global credit-based securities. The option aims to provide higher income returns than traditional cash investments and has some volatility over short time periods. The option aims to outperform the Bloomberg AusBond Bank Bill Index over rolling three-year periods before fees and taxes.
The option invests in a core income portfolio and takes an opportunistic approach to investing in satellite sectors. All investments in offshore sectors are hedged back into Australian dollars. The manager may use derivatives to implement long short credit strategies. The effective aggregate exposure of long derivative credit positions and credit securities will not exceed 130% of the portfolio's value. The effective net exposure, including long and short credit positions, is limited to 100% of the portfolio's value.

Offer information

Indirect Cost Ratio (ICR) 0.80% (as at 22 May 2017) (Estimated)
Minimum initial investment $1,500.00
Minimum additional investments
Minimum redemption amount

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