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  5. Colonial FirstChoice Pension - Schroder Absolute Return Income - Managed fund profile

Colonial FirstChoice Pension - Schroder Absolute Return Income - Managed Fund (Closed)

Fund Objective
To outperform the Reserve Bank of Australia cash rate by 2.5% p.a. after fees and taxes over rolling three-year periods with no negative returns on a 12 month rolling basis.
Fund Strategy
The option is an active absolute return strategy that invests in a range of domestic and international fixed income securities denominated in various currencies. With a focus on managing downside risk, the option has the flexibility to invest in cash and other debt securities (such as government bonds) to help preserve capital during downturns in the credit cycle. In adopting an absolute return approach, the most critical element of the investment process is to identify which assets to own and when to own them.

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 0.05% 1.4% 1.71% -0.23% -0.54% 0.13% 1.22% 2.12%
Growth return 0.05% 1.4% 1.71% -0.23% -0.54% 0.13% 1.22% 2.12%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -1.51% 0.53% 4.02% 8.37% 4.14% -1.89% -0.61% 2.01%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Pension - Schroder Absolute Return Income
Cash
30.89%
Alternatives
69.11%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
6.47%
Alternatives
2.14%
Australian Equities
0.69%
International Equities
0.56%
Property
0%
Fixed Interest
90.14%

General Information

Fund Details
Type Description
Colonial FirstChoice Pension - Schroder Absolute Return Income
Closed
FSF0432AU
Diversified Credit
starstarstar (as at 28 Feb 2023)
Allocated Pension
1 May 2004
$11.15 million (as at 28 Feb 2023)
$1.8782 (as at 17 Mar 2023)
$1.8707 (as at 17 Mar 2023)
Finalised
Offer information
Type Description
MER 0.90% (as at 21 Nov 2022)
Indirect Cost Ratio (ICR) - Estimated 0.92% (as at 30 Jun 2022) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $20,000
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 Jun24 Bond - Treasury Future 29.79%
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FAQs about the Colonial FirstChoice Pension - Schroder Absolute Return Income

The objective of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund is To outperform the Reserve Bank of Australia cash rate by 2.5% p.a. after fees and taxes over rolling three-year periods with no negative returns on a 12 month rolling basis.

The strategy of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund is The option is an active absolute return strategy that invests in a range of domestic and international fixed income securities denominated in various currencies. With a focus on managing downside risk, the option has the flexibility to invest in cash and other debt securities (such as government bonds) to help preserve capital during downturns in the credit cycle. In adopting an absolute return approach, the most critical element of the investment process is to identify which assets to own and when to own them.

The APIR code of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund is FSF0432AU.

Colonial FirstChoice Pension - Schroder Absolute Return Income’s total return last month was 0.05%. This was made up of a growth return of 0.05% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Schroder Absolute Return Income’s total return for the last three months was 1.4%. This was made up of a growth return of 1.4% and an income return of 0%%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Schroder Absolute Return Income’s one-year total return is -0.23%. This was made up of a growth return of -0.23% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

Colonial FirstChoice Pension - Schroder Absolute Return Income’s one-year total return is 0.13%. This was made up of a growth return of 0.13% and an income return of 0%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund is :

Cash
30.89%
Alternatives
69.11%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund belongs to the Diversified Credit sector/asset class.

As at 28 Feb 2023, the size of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund was $11.15 million.

The Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund has an inception date of 1 May 2004.

The current entry price of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund is $1.8782 per unit and the current exit price is $1.8707 per unit (as at 17 Mar 2023).

The current exit price of the Colonial FirstChoice Pension - Schroder Absolute Return Income managed fund is $1.8707 per unit and the current entry price is $1.8782 per unit (as at 17 Mar 2023).

The minimum initial investment amount for the Colonial FirstChoice Pension - Schroder Absolute Return Income 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.