InvestSMART

Colonial Firetrail High Conviction - Managed Fund

Fund Objective
The option aims to deliver strong returns over the medium to long-term by identifying high quality Australian companies with strong future growth prospects. The option adopts a 'high conviction' approach, meaning the portfolio is concentrated, holding typically between 25 and 40 stocks listed on an Australian securities exchange. The option can invest up to 100% of its assets in Australian shares, however, it generally holds up to 10% in cash and cash equivalents.
Fund Strategy
The option aims to deliver strong returns over the medium to long-term by identifying high quality Australian companies with strong future growth prospects. The option adopts a 'high conviction' approach, meaning the portfolio is concentrated, holding typically between 25 and 40 stocks listed on an Australian securities exchange. The option can invest up to 100% of its assets in Australian shares, however, it generally holds up to 10% in cash and cash equivalents.
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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 -4.06% -3.42% 6.97% -18.79% -9.83% -2.2% -2.02% 3.22%
Growth return -3.99% -3.2% 7.48% -18.4% -11.32% -5.08% -6.31% -2.48%
Income return -0.07% -0.22% -0.51% -0.39% 1.49% 2.88% 4.29% 5.7%
Market index (S&P/ASX 200 TR AUD)
Total return -2.42% 1.33% 5.43% 2.68% 6.55% 11.4% 7.68% 9.04%
As at 30 Sep 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial Firetrail High Conviction
Australian Equities
85.76%
International Equities
12.94%
Cash
1.30%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
95.91%
International Equities
3.72%
Cash
-0.42%
Property & Infrastructure
1.19%
Fixed Interest
-0.37%
Alternatives
-0.02%

General Information

Fund Details
Type Description
Colonial Firetrail High Conviction
Colonial First State Investments Limited
FSF0238AU
Equity Australia Large Growth
starstar (as at 30 Sep 2026)
Investment Fund
13 May 2002
$8.94 million (as at 30 Sep 2026)
$0.7888 (as at 21 Oct 2026)
$0.7864 (as at 21 Oct 2026)
Open
Offer information
Type Description
MER 0.95% (as at 23 May 2026)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2025)
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2026)

Holding (as at 31 Aug 2026) Type % of Portfolio
BHP Group Ltd 13.21%
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FAQs about the Colonial Firetrail High Conviction

The objective of the Colonial Firetrail High Conviction managed fund is The option aims to deliver strong returns over the medium to long-term by identifying high quality Australian companies with strong future growth prospects. The option adopts a 'high conviction' approach, meaning the portfolio is concentrated, holding typically between 25 and 40 stocks listed on an Australian securities exchange. The option can invest up to 100% of its assets in Australian shares, however, it generally holds up to 10% in cash and cash equivalents.

The strategy of the Colonial Firetrail High Conviction managed fund is The option aims to deliver strong returns over the medium to long-term by identifying high quality Australian companies with strong future growth prospects. The option adopts a 'high conviction' approach, meaning the portfolio is concentrated, holding typically between 25 and 40 stocks listed on an Australian securities exchange. The option can invest up to 100% of its assets in Australian shares, however, it generally holds up to 10% in cash and cash equivalents.

The APIR code of the Colonial Firetrail High Conviction managed fund is FSF0238AU.

Colonial Firetrail High Conviction’s total return last month was -4.06%. This was made up of a growth return of -3.99% and an income return of -0.07%. These returns were calculated as at 30 Sep 2026.

Colonial Firetrail High Conviction’s total return for the last three months was -3.42%. This was made up of a growth return of -3.2% and an income return of -0.22%%. These returns were calculated as at 30 Sep 2026.

Colonial Firetrail High Conviction’s one-year total return is -18.79%. This was made up of a growth return of -18.4% and an income return of -0.39%. These returns were calculated as at 30 Sep 2026.

Colonial Firetrail High Conviction’s one-year total return is -2.2%. This was made up of a growth return of -5.08% and an income return of 2.88%. These returns were calculated as at 30 Sep 2026.

The asset allocation of the Colonial Firetrail High Conviction managed fund is :

Australian Equities
85.76%
International Equities
12.94%
Cash
1.30%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Colonial Firetrail High Conviction managed fund is Colonial First State Investments Limited.

The Colonial Firetrail High Conviction managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 30 Sep 2026, the size of the Colonial Firetrail High Conviction managed fund was $8.94 million.

The Colonial Firetrail High Conviction managed fund has an inception date of 13 May 2002.

The current entry price of the Colonial Firetrail High Conviction managed fund is $0.7888 per unit and the current exit price is $0.7864 per unit (as at 21 Oct 2026).

The current exit price of the Colonial Firetrail High Conviction managed fund is $0.7864 per unit and the current entry price is $0.7888 per unit (as at 21 Oct 2026).

The minimum initial investment amount for the Colonial Firetrail High Conviction managed fund is $0. 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.