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  5. Colonial FirstChoice Pension - Perpetual Diversified Growth - Managed fund profile

Colonial FirstChoice Pension - Perpetual Diversified Growth - Managed Fund (Closed)

Fund Objective
To provide long-term capital growth and regular income through investment in a diversified portfolio of growth and income assets. The option aims to outperform CPI 4.5% pa (before fees and taxes) over at least three-year periods and to outperform its composite benchmark over rolling three-year periods before fees and taxes.
Fund Strategy
Perpetual invests in a diverse mix of assets. Tactical asset allocation strategies may be applied, involving adjusting its exposure to asset classes within the allocation ranges. Currency is managed at the Option level, accounting for currency exposure arising from underlying investments. Currency management is used to hedge currency for an existing position or create an exposure to a foreign currency. Exposure to foreign currency will be limited to 50% of the gross asset value of the option. Derivatives and exchange traded funds may be used.

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 -0.77% -0.44% 2.45% 1% 3.87% 4.15% 4.42% 4.96%
Growth return -0.77% -0.44% 2.45% 1% 3.87% 4.15% 4.42% 4.96%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
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 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - Perpetual Diversified Growth
Australian Equities
18.56%
International Equities
23.87%
Cash
11.91%
Fixed Interest
37.76%
Alternatives
7.89%
Property
0%
Average Allocation of Peers
Australian Equities
15.88%
International Equities
27.91%
Cash
9.88%
Fixed Interest
35.49%
Alternatives
6.87%
Property
3.97%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - Perpetual Diversified Growth
Closed
FSF0347AU
Multisector Balanced
starstarstarstar (as at 28 Feb 2023)
Allocated Pension
13 May 2002
$9.83 million (as at 28 Feb 2023)
$2.8764 (as at 17 Mar 2023)
$2.862 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
MER 1.31% (as at 21 Nov 2022)
Indirect Cost Ratio (ICR) - Estimated 1.30% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Pension - Perpetual Diversified Growth

The objective of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is To provide long-term capital growth and regular income through investment in a diversified portfolio of growth and income assets. The option aims to outperform CPI + 4.5% pa (before fees and taxes) over at least three-year periods and to outperform its composite benchmark over rolling three-year periods before fees and taxes.

The strategy of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is Perpetual invests in a diverse mix of assets. Tactical asset allocation strategies may be applied, involving adjusting its exposure to asset classes within the allocation ranges. Currency is managed at the Option level, accounting for currency exposure arising from underlying investments. Currency management is used to hedge currency for an existing position or create an exposure to a foreign currency. Exposure to foreign currency will be limited to 50% of the gross asset value of the option. Derivatives and exchange traded funds may be used.

The APIR code of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is FSF0347AU.

Colonial FirstChoice Pension - Perpetual Diversified Growth’s total return last month was -0.77%. This was made up of a growth return of -0.77% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Perpetual Diversified Growth’s total return for the last three months was -0.44%. This was made up of a growth return of -0.44% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Perpetual Diversified Growth’s one-year total return is 1%. This was made up of a growth return of 1% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Perpetual Diversified Growth’s one-year total return is 4.15%. This was made up of a growth return of 4.15% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is :

Australian Equities
18.56%
International Equities
23.87%
Cash
11.91%
Fixed Interest
37.76%
Alternatives
7.89%
Property
0%

The Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund belongs to the Multisector Balanced sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund was $9.83 million.

The Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund has an inception date of 13 May 2002.

The current entry price of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is $2.8764 per unit and the current exit price is $2.862 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is $2.862 per unit and the current entry price is $2.8764 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - Perpetual Diversified Growth managed fund is $20,000. 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.