General Information

FirstChoice WS Defensive
Colonial First State Investments Limited
Multisector Conservative
starstarstarstar (as at 31 Jul 2017)
Investment Fund
2 May 2002
$164.72 million (as at 31 Jul 2017)
$1.0013 (as at 17 Aug 2017)
$0.9983 (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 0.2 0.49 1.93 2 2.67 3.58 4.47 5.04
Growth return 0.2 -2.06 -1.72 -2.9 -1.91 -1.24 - -0.02
Income return 0 2.55 3.65 4.9 4.58 4.82 - 5.06

Market index (Morningstar Aus Msec Conservative TR AUD)

Total return 0.05 -0.06 2.08 1.37 3.31 4.52 5.75 5.53

Asset Allocation (31 Jul 2017)

Australian Equities 4.94%
International Equities 4.63%
Cash 41.83%
Property 0%
Fixed Interest 38.58%
Alternatives 10.02%
Asset Allocation

Objectives and Strategy

To provide relatively stable returns with low potential for capital loss. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.
To allocate 90% of the investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. 10% of the portfolio is allocated to growth assets, such as shares and property, to improve diversification and performance. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The portfolio aims to hedge currency risk except for the allocation to emerging market shares and part of the allocation to global shares.

Offer information

Indirect Cost Ratio (ICR) 0.88% (as at 22 May 2017) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Apr 2017)

Holding Type % of Portfolio
FirstChoice WS Fixed Interest Mutual Fund - Open End 66.50%
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