Colonial IS - Colonial Bricks & Mortar - Managed Fund (Closed)

Fund Objective

To provide a consistent and competitive monthly income return over the short- to medium-term (approximately 3-5 years), at a target level of 1%-1.5% over prevailing cash rates, with the security of a capital guaranteed investment.

Fund Strategy

Invests 70-90% of the Fund's assets in registered first mortgages and mortgage-backed securities, with 10-30% in cash. Mortgages are held over completed office, residential, retail, and industrial properties on an interest only basis with a term of three years. Mortgages are currently limited to 70% of the market value of the security although up to 75% can be lent with insurance.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.47%	1.31%	2.44%	4.58%	4.75%	-%	-%	-%
Growth return	0%	0%	0%	0%	0%	-%	-%	-%
Income return	0.47%	1.31%	2.44%	4.58%	4.75%	-%	-%	-%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.32%	0.94%	2%	4.25%	4.32%	4%	2.47%	2.06%

As at 31 Mar 2003. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial IS - Colonial Bricks & Mortar

Cash: 28.50%

Fixed Interest: 71.50%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 20.02%

Fixed Interest: 79.26%

Australian Equities: 0.03%

International Equities: 0.03%

Alternatives: 0.66%

General Information

Fund Details

Type	Description
Fund Name	Colonial IS - Colonial Bricks & Mortar
Fund Status	Closed
Responsible Entity	Colonial Mutual Funds Limited
APIR Code	CML0568AU
Sector/Asset Class	Mortgages
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	1 Mar 2001
Fund Size	$0.37 million (as at 31 Aug 2003)
Entry Price	$1 (as at 8 Sep 2003)
Exit Price	$1 (as at 8 Sep 2003)
Fund Status	Finalised

Offer information

Type	Description
Minimum initial investment	$1,000.00

FAQs about the Colonial IS - Colonial Bricks & Mortar

What is the objective of the Colonial IS - Colonial Bricks & Mortar managed fund?

The objective of the Colonial IS - Colonial Bricks & Mortar managed fund is To provide a consistent and competitive monthly income return over the short- to medium-term (approximately 3-5 years), at a target level of 1%-1.5% over prevailing cash rates, with the security of a capital guaranteed investment.

What is the strategy for the Colonial IS - Colonial Bricks & Mortar managed fund?

The strategy of the Colonial IS - Colonial Bricks & Mortar managed fund is Invests 70-90% of the Fund's assets in registered first mortgages and mortgage-backed securities, with 10-30% in cash. Mortgages are held over completed office, residential, retail, and industrial properties on an interest only basis with a term of three years. Mortgages are currently limited to 70% of the market value of the security although up to 75% can be lent with insurance.

What is the APIR code of the Colonial IS - Colonial Bricks & Mortar managed fund?

The APIR code of the Colonial IS - Colonial Bricks & Mortar managed fund is CML0568AU.

What was Colonial IS - Colonial Bricks & Mortar’s total return last month?

Colonial IS - Colonial Bricks & Mortar’s total return last month was 0.47%. This was made up of a growth return of 0% and an income return of 0.47%. These returns were calculated as at 31 Mar 2003.

What was Colonial IS - Colonial Bricks & Mortar’s total return for the last three months?

Colonial IS - Colonial Bricks & Mortar’s total return for the last three months was 1.31%. This was made up of a growth return of 0% and an income return of 1.31%%. These returns were calculated as at 31 Mar 2003.

What is Colonial IS - Colonial Bricks & Mortar’s one-year total return?

Colonial IS - Colonial Bricks & Mortar’s one-year total return is 4.58%. This was made up of a growth return of 0% and an income return of 4.58%. These returns were calculated as at 31 Mar 2003.

What is Colonial IS - Colonial Bricks & Mortar’s three-year total return?

Colonial IS - Colonial Bricks & Mortar’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2003.

What is the asset allocation of the Colonial IS - Colonial Bricks & Mortar managed fund?

The asset allocation of the Colonial IS - Colonial Bricks & Mortar managed fund is :

Cash: 28.50%

Fixed Interest: 71.50%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Who is the responsible Entity of the Colonial IS - Colonial Bricks & Mortar managed fund?

The Responsible Entity for the Colonial IS - Colonial Bricks & Mortar managed fund is Colonial Mutual Funds Limited.

What sector/asset class does the Colonial IS - Colonial Bricks & Mortar managed fund belong to?

The Colonial IS - Colonial Bricks & Mortar managed fund belongs to the Mortgages sector/asset class.

What is the size of the Colonial IS - Colonial Bricks & Mortar managed fund?

As at 31 Aug 2003, the size of the Colonial IS - Colonial Bricks & Mortar managed fund was $0.37 million.

What is the inception date of the Colonial IS - Colonial Bricks & Mortar managed fund?

The Colonial IS - Colonial Bricks & Mortar managed fund has an inception date of 1 Mar 2001.

What is the current entry price of the Colonial IS - Colonial Bricks & Mortar managed fund?

The current entry price of the Colonial IS - Colonial Bricks & Mortar managed fund is $1 per unit and the current exit price is $1 per unit (as at 8 Sep 2003).

What is the current exit price of the Colonial IS - Colonial Bricks & Mortar managed fund?

The current exit price of the Colonial IS - Colonial Bricks & Mortar managed fund is $1 per unit and the current entry price is $1 per unit (as at 8 Sep 2003).

What is the minimum investment amount for the Colonial IS - Colonial Bricks & Mortar managed fund?

The minimum initial investment amount for the Colonial IS - Colonial Bricks & Mortar managed fund is $1,000.

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.

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