General Information

FirstChoice WS Alternatives
Colonial First State Investments Limited
Alternative Strategies ? Diversified
Not Rated
Investment Fund
19 May 2014
$22.18 million (as at 31 Jul 2017)
$1.0325 (as at 17 Aug 2017)
$1.0305 (as at 17 Aug 2017)

Fund performance (31 Jul 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 -0.02 -0.18 -0.98 -0.06 2.13 3.82 - -
Growth return -0.02 -2.44 -3.22 -2.69 -0.05 1.36 - -
Income return 0 2.26 2.24 2.63 2.18 2.46 - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.97 2.13 2.42 3.72

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

Objectives and Strategy

To provide returns with a low correlation to equity markets from a diversified portfolio of alternativeinvestment strategies. To provide a return of 4% per annum in excess of the Reserve Bank of Australia cash rate before fees and taxes over rolling three-year periods.
To invest in a diversified portfolio of alternative investment strategies with the underlying assets typically having relatively high liquidity. The investments are managed by a number of leading alternative investment managers, which is designed to deliver more consistent returns with less risk than would be achieved if investing with a single investment manager. The portfolio aims to minimise unintentional currency exposure.

Offer information

Indirect Cost Ratio (ICR) 2.41% (as at 22 May 2017) (Estimated)
Performance fee 0.87
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

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