FirstChoice Wholesale Multi-index Conservative - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

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 0.22 0.89 0.78 3.65 4.88 3.74 5.16 5.04
Growth return 0.22 -0.26 -1.19 -0.12 0.05 -0.99 0.94 0.3
Income return 0 1.15 1.97 3.77 4.83 4.73 4.22 4.74

Market index (Morningstar Aus Msec Moderate TR AUD)

Total return 0.62 1.45 1.16 3.95 4.3 4.15 5.89 5.62

Asset Allocation (31 May 2018)

Australian Equities 12.38%
International Equities 14.67%
Cash 41.10%
Property 3.08%
Fixed Interest 28.77%
Alternatives 0%
Asset Allocation

General Information

FirstChoice Wholesale Multi-index Conservative
Colonial First State Investments Limited
Multisector Moderate
starstarstarstar (as at 31 May 2018)
Investment Fund
23 Apr 2002
$490.65 million (as at 31 May 2018)
$0.9718 (as at 18 Jun 2018)
$0.9699 (as at 18 Jun 2018)

Objectives and Strategy

To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.
The option allocates 70% of investments to defensive assets to provide the portfolio with relatively stable returns. 30% of the portfolio is allocated to growth assets to provide potential for capital growth. The shares component is managed by Realindex Investments using a systematic methodology. The property and infrastructure components are managed using market capitalisation indices. 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) 0.60% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2018)

Holding Type % of Portfolio
CFS Wholesale Indexed Australian Bond Mutual Fund - Open End 28.28%
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Data shown on this website is sourced by Morningstar
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