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  5. Colonial FirstChoice Investments - Longwave Australian SmallComs - Managed fund profile

Colonial FirstChoice Investments - Longwave Australian SmallComs - Managed Fund

Fund Objective
To provide long-term capital growth that exceeds the S&P/ASX Small Ordinaries Accumulation Index over rolling three-year periods before fees and taxes.
Fund Strategy
The manager's growth approach is based on the belief that; over the medium-to-long term; share prices are driven by growth in a company's earnings; despite the existence of sentiment that can lead to short-term price volatility. The strategy is to invest in Australian companies with a market capitalisation or free float of generally less than $500 million at the time of initial investment; with strong balance sheets; whose earnings are expected to grow at a greater rate than the Australian economy.

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 1.48% -2.68% 4.53% 11.13% 0.53% -3.48% 4.87% 6.56%
Growth return 1.48% -2.68% 4.1% 9.29% -1.85% -10.76% -3.76% -1.25%
Income return 0% 0% 0.43% 1.84% 2.38% 7.28% 8.63% 7.81%
Market index (S&P/ASX Small Ordinaries TR AUD )
Total return 3.49% 2% 5.39% 9.29% 4.94% -0.64% 3.5% 6.3%
As at 31 Jul 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Investments - Longwave Australian SmallComs
Australian Equities
93%
International Equities
2.16%
Cash
1.66%
Property
2.20%
Fixed Interest
0.70%
Alternatives
0.28%
Average Allocation of Peers
Australian Equities
91.72%
International Equities
2.25%
Cash
3.74%
Property
2.02%
Fixed Interest
0.01%
Alternatives
0.26%

General Information

Fund Details
Type Description
Colonial FirstChoice Investments - Longwave Australian SmallComs
FSF0088AU
Equity Australia Mid/Small Blend
starstarstar (as at 31 May 2024)
Investment Fund
1 May 2004
$6.5 million (as at 31 Dec 2023)
$0.8592 (as at 21 Aug 2024)
$0.8558 (as at 21 Aug 2024)
Closed
Offer information
Type Description
MER 1.24% (as at 1 Jul 2024)
Indirect Cost Ratio (ICR) - Estimated 1.34% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
GR Engineering Services Ltd Equity 5.32%
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FAQs about the Colonial FirstChoice Investments - Longwave Australian SmallComs

The objective of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is To provide long-term capital growth that exceeds the S&P/ASX Small Ordinaries Accumulation Index over rolling three-year periods before fees and taxes.

The strategy of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is The manager's growth approach is based on the belief that; over the medium-to-long term; share prices are driven by growth in a company's earnings; despite the existence of sentiment that can lead to short-term price volatility. The strategy is to invest in Australian companies with a market capitalisation or free float of generally less than $500 million at the time of initial investment; with strong balance sheets; whose earnings are expected to grow at a greater rate than the Australian economy.

The APIR code of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is FSF0088AU.

Colonial FirstChoice Investments - Longwave Australian SmallComs’s total return last month was 1.48%. This was made up of a growth return of 1.48% and an income return of 0%. These returns were calculated as at 31 Jul 2024.

Colonial FirstChoice Investments - Longwave Australian SmallComs’s total return for the last three months was -2.68%. This was made up of a growth return of -2.68% and an income return of 0%%. These returns were calculated as at 31 Jul 2024.

Colonial FirstChoice Investments - Longwave Australian SmallComs’s one-year total return is 11.13%. This was made up of a growth return of 9.29% and an income return of 1.84%. These returns were calculated as at 31 Jul 2024.

Colonial FirstChoice Investments - Longwave Australian SmallComs’s one-year total return is -3.48%. This was made up of a growth return of -10.76% and an income return of 7.28%. These returns were calculated as at 31 Jul 2024.

The asset allocation of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is :

Australian Equities
93%
International Equities
2.16%
Cash
1.66%
Property
2.20%
Fixed Interest
0.70%
Alternatives
0.28%

The Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 31 Dec 2023, the size of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund was $6.5 million.

The Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund has an inception date of 1 May 2004.

The current entry price of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is $0.8592 per unit and the current exit price is $0.8558 per unit (as at 21 Aug 2024).

The current exit price of the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is $0.8558 per unit and the current entry price is $0.8592 per unit (as at 21 Aug 2024).

The minimum initial investment amount for the Colonial FirstChoice Investments - Longwave Australian SmallComs managed fund is $20,000.

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.