General Information

CFS US Short Duration Hi Yld Fd-Class A (Wholesale)
Colonial First State Investments Limited
FSF8084AU
High Yield Credit
Not Rated
Investment Fund
8 Apr 2017
$0 million (as at 31 Aug 2017)
$0.9538 (as at 15 Sep 2017)
$0.9453 (as at 15 Sep 2017)

Fund performance (31 Aug 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 0.7 -5.27 - - - - - -
Growth return 0.7 -6.28 - - - - - -
Income return 0 1.01 - - - - - -

Market index (Bloomberg AusBond Bank 0+Y TR AUD)

Total return 0.14 0.43 0.88 1.76 1.99 2.16 2.46 3.81
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Fund Performance Comparison

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Asset Allocation (31 Aug 2017)

Australian Equities 0%
International Equities 0%
Cash -1.27%
Property 0%
Fixed Interest 101.27%
Alternatives 0%
Asset Allocation

Objectives and Strategy

The fund aims to outperform the BofA Merrill Lynch 1 - 5 Year BB-B US Cash Pay High Yield Constrained Index before fees and taxes over rolling three-year periods by investing in high yielding international fixed interest investments
The strategy will take a dynamic approach to investing in the US high yield market using a clearly defined, well managed risk controlled approach. It will include dynamic monitoring of asset value coverage in order to minimize defaults. It will also have the flexibility to invest in cash like assets (to preserve capital) when risk adjusted returns are not deemed appropriate. Derivatives may be used for risk management or return enhancement. The fund does not hedge currency exposure.

Offer information

Indirect Cost Ratio (ICR) 0.63% (as at 22 May 2017) (Estimated)
Minimum initial investment $500,000
Minimum additional investments

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