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  5. LIB - Colonial FirstRate Wholesale Saver - Managed fund profile

LIB - Colonial FirstRate Wholesale Saver - Managed Fund (Closed)

Fund Objective
To provide positive interest income each month and very low risk by depositing funds with Commonwealth Bank of Australia.
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% -0.03% -0.12% -0.27% -0.32% -0.19% -% -%
Growth return 0% -0.03% -0.12% -0.27% -0.32% -0.19% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Oct 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - Colonial FirstRate Wholesale Saver
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.79%
Australian Equities
3.95%
International Equities
6.74%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
LIB - Colonial FirstRate Wholesale Saver
Closed
Lifeplan Australia Friendly Society Ltd
LIF8212AU
Australian Cash
Not Rated
Investment Fund
21 May 2018
$2.45 million (as at 31 Oct 2021)
$0.9949 (as at 5 Nov 2021)
$0.9949 (as at 5 Nov 2021)
Suppressed
Offer information
Type Description
Minimum initial investment $1,000.00
Minimum additional investments $100.00

FAQs about the LIB - Colonial FirstRate Wholesale Saver

The objective of the LIB - Colonial FirstRate Wholesale Saver managed fund is To provide positive interest income each month and very low risk by depositing funds with Commonwealth Bank of Australia.

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

The APIR code of the LIB - Colonial FirstRate Wholesale Saver managed fund is LIF8212AU.

LIB - Colonial FirstRate Wholesale Saver’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Oct 2021.

LIB - Colonial FirstRate Wholesale Saver’s total return for the last three months was -0.03%. This was made up of a growth return of -0.03% and an income return of 0%%. These returns were calculated as at 31 Oct 2021.

LIB - Colonial FirstRate Wholesale Saver’s one-year total return is -0.27%. This was made up of a growth return of -0.27% and an income return of 0%. These returns were calculated as at 31 Oct 2021.

LIB - Colonial FirstRate Wholesale Saver’s one-year total return is -0.19%. This was made up of a growth return of -0.19% and an income return of 0%. These returns were calculated as at 31 Oct 2021.

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

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

The Responsible Entity for the LIB - Colonial FirstRate Wholesale Saver managed fund is Lifeplan Australia Friendly Society Ltd.

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

As at 31 Oct 2021, the size of the LIB - Colonial FirstRate Wholesale Saver managed fund was $2.45 million.

The LIB - Colonial FirstRate Wholesale Saver managed fund has an inception date of 21 May 2018.

The current entry price of the LIB - Colonial FirstRate Wholesale Saver managed fund is $0.9949 per unit and the current exit price is $0.9949 per unit (as at 5 Nov 2021).

The current exit price of the LIB - Colonial FirstRate Wholesale Saver managed fund is $0.9949 per unit and the current entry price is $0.9949 per unit (as at 5 Nov 2021).

The minimum initial investment amount for the LIB - Colonial FirstRate Wholesale Saver managed fund is $1,000. Minimum additional investment is $100.

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.