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  5. FirstRate Wholesale Saver - Managed fund profile

FirstRate Wholesale Saver - Managed Fund (Closed)

Fund Objective
To provide positive interest income each month and very low risk by depositing funds with CommonwealthBank of Australia.For the interest rate, please visit cfs.com.au/personal/resources/funds-and-performance/firstrate-interest-rates.html.
Fund Strategy
To invest in a bank deposit product offered by Commonwealth Bank of Australia.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.01% 0.03% 0.05% 0.14% 0.37% 0.73% 1.04% 1.99%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 31 Jul 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstRate Wholesale Saver
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
46.43%
Australian Equities
5.98%
International Equities
9.98%
Property
2.07%
Fixed Interest
15.60%
Alternatives
19.95%

General Information

Fund Details
Type Description
FirstRate Wholesale Saver
Closed
Colonial First State Investments Limited
FSF1008AU
Australian Cash
Not Rated
Investment Fund
17 Nov 2008
$215.29 million (as at 31 Jul 2021)
n/a
n/a
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2020)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Apr 2015)

Holding (as at 30 Apr 2015) Type % of Portfolio
Cash & Cash Equivalents Cash 100%

FAQs about the FirstRate Wholesale Saver

The objective of the FirstRate Wholesale Saver managed fund is To provide positive interest income each month and very low risk by depositing funds with CommonwealthBank of Australia.For the interest rate, please visit cfs.com.au/personal/resources/funds-and-performance/firstrate-interest-rates.html.

The strategy of the FirstRate Wholesale Saver managed fund is To invest in a bank deposit product offered by Commonwealth Bank of Australia.

The APIR code of the FirstRate Wholesale Saver managed fund is FSF1008AU.

FirstRate Wholesale Saver’s total return last month was 0.01%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2021.

FirstRate Wholesale Saver’s total return for the last three months was 0.03%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Jul 2021.

FirstRate Wholesale Saver’s one-year total return is 0.14%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2021.

FirstRate Wholesale Saver’s one-year total return is 0.73%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2021.

The asset allocation of the FirstRate Wholesale Saver managed fund is :

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

The Responsible Entity for the FirstRate Wholesale Saver managed fund is Colonial First State Investments Limited.

The FirstRate Wholesale Saver managed fund belongs to the Australian Cash sector/asset class.

As at 31 Jul 2021, the size of the FirstRate Wholesale Saver managed fund was $215.29 million.

The FirstRate Wholesale Saver managed fund has an inception date of 17 Nov 2008.

The current entry price of the FirstRate Wholesale Saver managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the FirstRate Wholesale Saver managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the FirstRate Wholesale Saver managed fund is $5,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.