General Information

FirstChoice WS Fixed Interest
Colonial First State Investments Limited
Bonds - Global / Australia
starstarstarstar (as at 31 Jul 2017)
Investment Fund
17 Apr 2002
$171.23 million (as at 31 Jul 2017)
$0.9761 (as at 17 Aug 2017)
$0.9722 (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 0.34 0.82 2.42 0.05 3.34 4.28 4.62 6.2
Growth return 0.34 -1.87 -1.82 -5.62 -2.69 -1.67 - 0.19
Income return 0 2.69 4.24 5.67 6.03 5.95 - 6.01

Market index (Morningstar Aus UBS Comp/BCGA TR Hdg AUD)

Total return 0.31 0.65 2.19 -0.05 3.71 4.65 4.78 6.82

Asset Allocation (31 Jul 2017)

Australian Equities 0%
International Equities 0%
Cash 3.59%
Property 0%
Fixed Interest 96.41%
Alternatives 0%
Asset Allocation

Objectives and Strategy

To provide relatively stable returns with low potential for capital loss by investing in Australian and global fixed interest securities. To outperform the composite benchmark of 50% Citigroup World Broad Investment Grade Index, hedged to Australian dollars and 50% Bloomberg AusBond Composite 0 Yr Index over rolling three-year periods before fees and taxes.
To invest in a diversified portfolio of government and corporate bonds that aims to deliver relatively stable returns with less fluctuation than investing in shares and property. The investments are managed by a number of leading fixed interest managers containing both index managers whose investments aim to mirror the index, and active managers who aim to outperform the index. The underlying managers of this option may use long short strategies. The portfolio aims to hedge currency risk.

Offer information

Indirect Cost Ratio (ICR) 0.78% (as at 22 May 2017) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2017)

Holding Type % of Portfolio
Australia(Cmnwlth) 5.75% Bond - Gov't/Treasury 1.62%
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