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  5. Colonial Wholesale Sovereign Australian Bond - Managed fund profile

Colonial Wholesale Sovereign Australian Bond - Managed Fund (Closed)

Fund Objective
The option provides income-based returns, and aims to outperform the Bloomberg AusBond Govt 0-5 Yr Index over rolling three year periods before fees and taxes.
Fund Strategy
The fund's strategy is to maximise income over the medium term by predominantly investing in government, semi-government and government-backed securities through assessment of the earnings that each investment will generate, rather than through attempts to forecast the short-term direction of the interest rate cycle. The fund does not generally purchase securities that give risk to currency risk. If any currency risk does occur the fund will fully hedge the risk.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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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 -0.36% -0.26% 1.29% 2.66% 2.92% 2.91% 3.52% 5.16%
Growth return -0.36% -1.13% -1.62% -1.58% -1.13% -0.84% -2.83% -0.91%
Income return 0% 0.87% 2.91% 4.24% 4.05% 3.75% 6.35% 6.07%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.12% 1.03% 4.85% 1.47% 0.91% -1.29% 0.17% 2.59%
As at 31 Oct 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial Wholesale Sovereign Australian Bond
Cash
1.08%
Fixed Interest
98.92%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
3.02%
Fixed Interest
96%
Australian Equities
0.54%
International Equities
0.12%
Property
0%
Alternatives
0.32%

General Information

Fund Details
Type Description
Colonial Wholesale Sovereign Australian Bond
Closed
Colonial First State Investments Limited
FSF0507AU
Bonds - Australia
starstar (as at 31 Oct 2016)
Investment Fund
18 Jun 2004
$2.93 million (as at 31 Oct 2016)
$0.8923 (as at 11 Nov 2016)
$0.8923 (as at 11 Nov 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.45% (as at 16 May 2016) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial Wholesale Sovereign Australian Bond

The objective of the Colonial Wholesale Sovereign Australian Bond managed fund is The option provides income-based returns, and aims to outperform the Bloomberg AusBond Govt 0-5 Yr Index over rolling three year periods before fees and taxes.

The strategy of the Colonial Wholesale Sovereign Australian Bond managed fund is The fund's strategy is to maximise income over the medium term by predominantly investing in government, semi-government and government-backed securities through assessment of the earnings that each investment will generate, rather than through attempts to forecast the short-term direction of the interest rate cycle. The fund does not generally purchase securities that give risk to currency risk. If any currency risk does occur the fund will fully hedge the risk.

The APIR code of the Colonial Wholesale Sovereign Australian Bond managed fund is FSF0507AU.

Colonial Wholesale Sovereign Australian Bond’s total return last month was -0.36%. This was made up of a growth return of -0.36% and an income return of 0%. These returns were calculated as at 31 Oct 2016.

Colonial Wholesale Sovereign Australian Bond’s total return for the last three months was -0.26%. This was made up of a growth return of -1.13% and an income return of 0.87%%. These returns were calculated as at 31 Oct 2016.

Colonial Wholesale Sovereign Australian Bond’s one-year total return is 2.66%. This was made up of a growth return of -1.58% and an income return of 4.24%. These returns were calculated as at 31 Oct 2016.

Colonial Wholesale Sovereign Australian Bond’s one-year total return is 2.91%. This was made up of a growth return of -0.84% and an income return of 3.75%. These returns were calculated as at 31 Oct 2016.

The asset allocation of the Colonial Wholesale Sovereign Australian Bond managed fund is :

Cash
1.08%
Fixed Interest
98.92%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Colonial Wholesale Sovereign Australian Bond managed fund is Colonial First State Investments Limited.

The Colonial Wholesale Sovereign Australian Bond managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Oct 2016, the size of the Colonial Wholesale Sovereign Australian Bond managed fund was $2.93 million.

The Colonial Wholesale Sovereign Australian Bond managed fund has an inception date of 18 Jun 2004.

The current entry price of the Colonial Wholesale Sovereign Australian Bond managed fund is $0.8923 per unit and the current exit price is $0.8923 per unit (as at 11 Nov 2016).

The current exit price of the Colonial Wholesale Sovereign Australian Bond managed fund is $0.8923 per unit and the current entry price is $0.8923 per unit (as at 11 Nov 2016).

The minimum initial investment amount for the Colonial Wholesale Sovereign Australian Bond managed fund is $5,000. 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.