FirstChoice Wholesale Pension - APN Wholesale TTR A-REIT - Managed Fund

Fund Performance Comparison

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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.

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 -1.24 3.24 5.32 11.98 - - - -
Growth return -1.24 3.24 5.32 11.98 - - - -
Income return 0 0 0 0 - - - -
Market index (S&P/ASX 200 A-REIT TR)
Total return -2.73 0.95 - 18.25 15.7 9.19 13.6 11.09
As as 30 Sep 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstChoice Wholesale Pension - APN Wholesale TTR A-REIT
Cash
1.86%
Property
98.14%
Australian Equities
0%
International Equities
0%
Average Allocation of Peers
Cash
1.59%
Property
97.86%
Australian Equities
0.36%
International Equities
0.19%

General Information

Fund Details
Type Description
FirstChoice Wholesale Pension - APN Wholesale TTR A-REIT
Colonial First State Investments Limited
FSF3535AU
Equity Australia Real Estate
Not Rated
Allocated Pension
9 Jun 2018
$6.14 million (as at 31 Aug 2019)
$1.1598 (as at 10 Oct 2019)
$1.1552 (as at 10 Oct 2019)
Fund Objective
To provide consistent distributions exceeding the S&P/ASX 200 A-REIT Index's dividend yield. The option aims to deliver returns with lower volatility than the index and provide capital growth tracking CPI over rolling five-year periods, before fees and taxes.
Fund Strategy
APN will continually review and reweight the portfolio with the objective of optimising the distributable income. APN actively invests and constructs the portfolio independent of index weightings. By evaluating the potential risks and rewards of the underlying A-REITs, APN will determine the relative value and attractiveness of the stocks including those outside of the benchmark. APN limits the portfolio's exposure to riskier corporate-style earnings (such as development and funds management activities) with a bias to passive rental earnings.
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.99% (as at 30 Jun 2019) (Estimated)
Minimum initial investment $20,000

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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Underperforming
81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.39%
Intelligent Investor Equity Growth 9.87%
InvestSMART High Growth 9.27%
Intelligent Investor Equity Income 9.06%
InvestSMART Diversified Property and Infrastructure 8.48%
InvestSMART Growth 8.47%
Intelligent Investor Australian Small Companies Fund 7.27%
InvestSMART Balanced 6.86%
InvestSMART Conservative 5.33%
InvestSMART Hybrid Income 5.27%
InvestSMART Interest Income 3.75%