General Information

FirstChoice WS Alternatives
Colonial First State Investments Limited
FSF1613AU
Alternative Strategies ? Diversified
Not Rated
Investment Fund
19 May 2014
$23.23 million (as at 30 Sep 2017)
$1.036 (as at 19 Oct 2017)
$1.034 (as at 19 Oct 2017)

Fund performance (30 Sep 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 -0.79 0.2 -0.06 -0.11 1.51 3.1 - -
Growth return -0.79 0.2 -2.32 -2.73 -0.66 0.65 - -
Income return 0 0 2.26 2.62 2.17 2.45 - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.14 0.43 0.86 1.75 1.93 2.08 2.36 3.63
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Fund Performance Comparison

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Asset Allocation (30 Sep 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 alternative investment 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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