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  5. Colonial FirstChoice Investments - AZ Sestante Diversified - Managed fund profile

Colonial FirstChoice Investments - AZ Sestante Diversified - Managed Fund (Closed)

Fund Objective
To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To deliver a return in excess of CPI plus 3.5% per annum over rolling five-year periods before fees and taxes.
Fund Strategy
The option's broad asset allocation is to be 55% exposed to growth assets such as shares, property and infrastructure securities and 45% to defensive assets such as fixed interest and cash. The actual asset allocation will vary from this as the manager uses a tactical asset allocation approach to optimise expected risk and return outcomes for the portfolio. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The fund may hedge its currency exposure.

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 -0.21% 1.75% 7.02% -1.67% 2.55% 4% -% -%
Growth return -0.21% 1.75% 5.73% -3.83% 0.14% 0.54% -% -%
Income return 0% 0% 1.29% 2.16% 2.41% 3.46% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return -0.68% 1.17% 6.1% 16.84% 9.57% 3.59% 4.65% 5.92%
As at 30 Sep 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Investments - AZ Sestante Diversified
Australian Equities
17.32%
International Equities
37.51%
Cash
2.73%
Property
3.55%
Fixed Interest
38.89%
Alternatives
0%
Average Allocation of Peers
Australian Equities
15.88%
International Equities
27.91%
Cash
9.88%
Property
3.97%
Fixed Interest
35.49%
Alternatives
6.87%

General Information

Fund Details
Type Description
Colonial FirstChoice Investments - AZ Sestante Diversified
Closed
FSF8054AU
Multisector Balanced
starstarstar (as at 30 Sep 2020)
Investment Fund
22 May 2017
$0.61 million (as at 30 Sep 2020)
$0.9331 (as at 27 Oct 2020)
$0.9331 (as at 27 Oct 2020)
Finalised
Offer information
Type Description
MER 1.04% (as at 18 Nov 2019)
Indirect Cost Ratio (ICR) 0.84% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0.02
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Aust 3yr Bond Fut Sep24 Bond - Treasury Future 1.67%
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FAQs about the Colonial FirstChoice Investments - AZ Sestante Diversified

The objective of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund is To provide relatively stable returns over the medium term with the potential for some long-term capital growth. To deliver a return in excess of CPI plus 3.5% per annum over rolling five-year periods before fees and taxes.

The strategy of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund is The option's broad asset allocation is to be 55% exposed to growth assets such as shares, property and infrastructure securities and 45% to defensive assets such as fixed interest and cash. The actual asset allocation will vary from this as the manager uses a tactical asset allocation approach to optimise expected risk and return outcomes for the portfolio. In order to provide additional diversification, the portfolio is allocated across a number of leading investment managers. The fund may hedge its currency exposure.

The APIR code of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund is FSF8054AU.

Colonial FirstChoice Investments - AZ Sestante Diversified’s total return last month was -0.21%. This was made up of a growth return of -0.21% and an income return of 0%. These returns were calculated as at 30 Sep 2020.

Colonial FirstChoice Investments - AZ Sestante Diversified’s total return for the last three months was 1.75%. This was made up of a growth return of 1.75% and an income return of 0%%. These returns were calculated as at 30 Sep 2020.

Colonial FirstChoice Investments - AZ Sestante Diversified’s one-year total return is -1.67%. This was made up of a growth return of -3.83% and an income return of 2.16%. These returns were calculated as at 30 Sep 2020.

Colonial FirstChoice Investments - AZ Sestante Diversified’s one-year total return is 4%. This was made up of a growth return of 0.54% and an income return of 3.46%. These returns were calculated as at 30 Sep 2020.

The asset allocation of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund is :

Australian Equities
17.32%
International Equities
37.51%
Cash
2.73%
Property
3.55%
Fixed Interest
38.89%
Alternatives
0%

The Colonial FirstChoice Investments - AZ Sestante Diversified managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2020, the size of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund was $0.61 million.

The Colonial FirstChoice Investments - AZ Sestante Diversified managed fund has an inception date of 22 May 2017.

The current entry price of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund is $0.9331 per unit and the current exit price is $0.9331 per unit (as at 27 Oct 2020).

The current exit price of the Colonial FirstChoice Investments - AZ Sestante Diversified managed fund is $0.9331 per unit and the current entry price is $0.9331 per unit (as at 27 Oct 2020).

The minimum initial investment amount for the Colonial FirstChoice Investments - AZ Sestante Diversified 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.