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  5. First State Wholesale - Income Fund - Managed fund profile

First State Wholesale - Income Fund - Managed Fund (Closed)

Fund Objective
To provide investors with access to an actively managed portfolio of Australian fixed income securities. The performance benchmark for this Fund is the SBC Warburg Australia Limited Bank Bill Index and the SBC Warburg Australia Limited Government Bond All Maturities Index.
Fund Strategy
Invests 100% of assets in fixed income securities, which includes short-term money-market securities and/or fixed interest securities. Investment in fixed income securities can also include use of financial derivatives such as futures, options and forward rate agreements, for hedging, arbitrage opportunities, and in place of physical securities.

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 0.65% 3.32% 4.46% 9.25% 8.12% -% -% -%
Growth return 0.65% 0.62% 0.15% 1.28% 0.92% -% -% -%
Income return 0% 2.7% 4.31% 7.97% 7.2% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 Jul 1997. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
92.51%
Australian Equities
0.63%
International Equities
0.02%
Cash
6.57%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
First State Wholesale - Income Fund (Wholesale)
Closed
Colonial First State Investments Limited
FSF0010AU
Bonds - Australia
Not Rated
Investment Fund
23 Sep 1994
$1.7 million (as at 31 Jul 1997)
$1.0501 (as at 16 Oct 1997)
$1.05 (as at 16 Oct 1997)
Finalised
Offer information
Type Description
MER 0.44% (as at 30 Jun 1997)
Minimum initial investment $99,999

FAQs about the First State Wholesale - Income Fund

The objective of the First State Wholesale - Income Fund managed fund is To provide investors with access to an actively managed portfolio of Australian fixed income securities. The performance benchmark for this Fund is the SBC Warburg Australia Limited Bank Bill Index and the SBC Warburg Australia Limited Government Bond All Maturities Index.

The strategy of the First State Wholesale - Income Fund managed fund is Invests 100% of assets in fixed income securities, which includes short-term money-market securities and/or fixed interest securities. Investment in fixed income securities can also include use of financial derivatives such as futures, options and forward rate agreements, for hedging, arbitrage opportunities, and in place of physical securities.

The APIR code of the First State Wholesale - Income Fund managed fund is FSF0010AU.

First State Wholesale - Income Fund’s total return last month was 0.65%. This was made up of a growth return of 0.65% and an income return of 0%. These returns were calculated as at 31 Jul 1997.

First State Wholesale - Income Fund’s total return for the last three months was 3.32%. This was made up of a growth return of 0.62% and an income return of 2.7%%. These returns were calculated as at 31 Jul 1997.

First State Wholesale - Income Fund’s one-year total return is 9.25%. This was made up of a growth return of 1.28% and an income return of 7.97%. These returns were calculated as at 31 Jul 1997.

First State Wholesale - Income Fund’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 Jul 1997.

The asset allocation of the First State Wholesale - Income Fund managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the First State Wholesale - Income Fund managed fund is Colonial First State Investments Limited.

The First State Wholesale - Income Fund managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Jul 1997, the size of the First State Wholesale - Income Fund managed fund was $1.7 million.

The First State Wholesale - Income Fund managed fund has an inception date of 23 Sep 1994.

The current entry price of the First State Wholesale - Income Fund managed fund is $1.0501 per unit and the current exit price is $1.05 per unit (as at 16 Oct 1997).

The current exit price of the First State Wholesale - Income Fund managed fund is $1.05 per unit and the current entry price is $1.0501 per unit (as at 16 Oct 1997).

The minimum initial investment amount for the First State Wholesale - Income Fund managed fund is $99,999.

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.