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  5. Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth - Managed fund profile

Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth - Managed Fund

Fund Objective
The fund aims to provide long-term capital growth through exposure to equity markets while utilising a risk management strategy designed to reduce volatility and minimise losses in declining markets. The fund aims to perform in line with the S&P/ ASX 200 Accumulation Index over rolling five-year periods before fees and taxes with lower volatility and improved risk adjusted returns over a full market cycle.
Fund Strategy
The fund is exposed to an equity index fund which is benchmarked to the S&P/ASX 200 Accumulation Index. The fund will utilise exchange traded equity index future contracts to implement the fund's objective of reducing overall portfolio volatility and providing downside protection by hedging against market risk. Consequently, the fund may underperform in rising equity markets and may also limit losses in falling markets.

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 -0.46% 5.83% 6.61% 8.53% 1.68% 9.2% 3.72% -%
Growth return -0.46% 5.05% 5.81% 7.69% -6.44% 3.31% -1.87% -%
Income return 0% 0.78% 0.8% 0.84% 8.12% 5.89% 5.59% -%
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 31 Aug 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth
Australian Equities
28.56%
International Equities
52.46%
Cash
5.52%
Property
13.46%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
15.88%
International Equities
27.90%
Cash
9.88%
Property
3.97%
Fixed Interest
35.49%
Alternatives
6.88%

General Information

Fund Details
Type Description
Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth
FSF1701AU
Multisector Flexible
starstarstar (as at 31 Aug 2023)
Investment Fund
18 May 2015
$0.92 million (as at 31 Aug 2023)
$0.8632 (as at 28 Sep 2023)
$0.8632 (as at 28 Sep 2023)
Open
Offer information
Type Description
MER 0.86% (as at 22 May 2023)
Indirect Cost Ratio (ICR) - Estimated 0.87% (as at 30 Jun 2021) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 31 Aug 2023)

Holding (as at 31 Aug 2023) Type % of Portfolio
BHP Group Ltd Equity 3.13%
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FAQs about the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth

The objective of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund is The fund aims to provide long-term capital growth through exposure to equity markets while utilising a risk management strategy designed to reduce volatility and minimise losses in declining markets. The fund aims to perform in line with the S&P/ ASX 200 Accumulation Index over rolling five-year periods before fees and taxes with lower volatility and improved risk adjusted returns over a full market cycle.

The strategy of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund is The fund is exposed to an equity index fund which is benchmarked to the S&P/ASX 200 Accumulation Index. The fund will utilise exchange traded equity index future contracts to implement the fund's objective of reducing overall portfolio volatility and providing downside protection by hedging against market risk. Consequently, the fund may underperform in rising equity markets and may also limit losses in falling markets.

The APIR code of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund is FSF1701AU.

Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth’s total return last month was -0.46%. This was made up of a growth return of -0.46% and an income return of 0%. These returns were calculated as at 31 Aug 2023.

Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth’s total return for the last three months was 5.83%. This was made up of a growth return of 5.05% and an income return of 0.78%%. These returns were calculated as at 31 Aug 2023.

Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth’s one-year total return is 8.53%. This was made up of a growth return of 7.69% and an income return of 0.84%. These returns were calculated as at 31 Aug 2023.

Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth’s one-year total return is 9.2%. This was made up of a growth return of 3.31% and an income return of 5.89%. These returns were calculated as at 31 Aug 2023.

The asset allocation of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund is :

Australian Equities
28.56%
International Equities
52.46%
Cash
5.52%
Property
13.46%
Fixed Interest
0%
Alternatives
0%

The Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund belongs to the Multisector Flexible sector/asset class.

As at 31 Aug 2023, the size of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund was $0.92 million.

The Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund has an inception date of 18 May 2015.

The current entry price of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund is $0.8632 per unit and the current exit price is $0.8632 per unit (as at 28 Sep 2023).

The current exit price of the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth managed fund is $0.8632 per unit and the current entry price is $0.8632 per unit (as at 28 Sep 2023).

The minimum initial investment amount for the Colonial FirstChoice - Milliman Wholesale Managed Risk Multi-index High Growth 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.