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  5. Colonial FirstChoice - PIMCO Global Bond - Managed fund profile

Colonial FirstChoice - PIMCO Global Bond - Managed Fund

Fund Objective
The option utilises PIMCO's core fixed interest strategy of seeking strong, consistent investment returns while at the same time moderating the volatility of returns relative to the benchmark. The option aims to outperform the Bloomberg Global Aggregate Index hedged to Australian dollars over rolling three-year periods before fees and taxes.
Fund Strategy
In pursuing the option's objective, PIMCO applies a wide range of diverse strategies including duration analysis, credit analysis, relative value analysis, sector allocation and individual security selection. PIMCO's investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in duration with a view to creating a steady stream of returns. The option may invest in derivatives to gain or reduce exposure to relevant markets and to manage investment risk. The option aims to hedge currency risk.

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 -1.93% -0.42% 2.87% 8.04% 4.42% -2.07% -0.75% 1.94%
Growth return -1.93% -0.42% 2.87% -% 4.42% -2.07% -3.06% -0.5%
Income return 0% 0% 0% -% 0% 0% 2.31% 2.44%
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 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice - PIMCO Global Bond
Cash
-15.58%
Fixed Interest
115.58%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.54%
Fixed Interest
90.06%
Australian Equities
0.68%
International Equities
0.56%
Property
0%
Alternatives
2.16%

General Information

Fund Details
Type Description
Colonial FirstChoice - PIMCO Global Bond
FSF1405AU
Bonds - Global
starstarstarstar (as at 31 Oct 2024)
Investment Fund
6 May 2013
$213.33 million (as at 31 Oct 2024)
$0.9802 (as at 18 Nov 2024)
$0.9782 (as at 18 Nov 2024)
Open
Offer information
Type Description
MER 0.78% (as at 16 Nov 2024)
Indirect Cost Ratio (ICR) - Estimated 0.77% (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 30 Jun 2024)

Holding (as at 30 Jun 2024) Type % of Portfolio
Federal Home Loan Mortgage Corp. Bond - Gov't Agency Pass-Thru 18.14%
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FAQs about the Colonial FirstChoice - PIMCO Global Bond

The objective of the Colonial FirstChoice - PIMCO Global Bond managed fund is The option utilises PIMCO's core fixed interest strategy of seeking strong, consistent investment returns while at the same time moderating the volatility of returns relative to the benchmark. The option aims to outperform the Bloomberg Global Aggregate Index hedged to Australian dollars over rolling three-year periods before fees and taxes.

The strategy of the Colonial FirstChoice - PIMCO Global Bond managed fund is In pursuing the option's objective, PIMCO applies a wide range of diverse strategies including duration analysis, credit analysis, relative value analysis, sector allocation and individual security selection. PIMCO's investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in duration with a view to creating a steady stream of returns. The option may invest in derivatives to gain or reduce exposure to relevant markets and to manage investment risk. The option aims to hedge currency risk.

The APIR code of the Colonial FirstChoice - PIMCO Global Bond managed fund is FSF1405AU.

Colonial FirstChoice - PIMCO Global Bond’s total return last month was -1.93%. This was made up of a growth return of -1.93% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

Colonial FirstChoice - PIMCO Global Bond’s total return for the last three months was -0.42%. This was made up of a growth return of -0.42% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

Colonial FirstChoice - PIMCO Global Bond’s one-year total return is 8.04%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

Colonial FirstChoice - PIMCO Global Bond’s one-year total return is -2.07%. This was made up of a growth return of -2.07% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the Colonial FirstChoice - PIMCO Global Bond managed fund is :

Cash
-15.58%
Fixed Interest
115.58%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Colonial FirstChoice - PIMCO Global Bond managed fund belongs to the Bonds - Global sector/asset class.

As at 31 Oct 2024, the size of the Colonial FirstChoice - PIMCO Global Bond managed fund was $213.33 million.

The Colonial FirstChoice - PIMCO Global Bond managed fund has an inception date of 6 May 2013.

The current entry price of the Colonial FirstChoice - PIMCO Global Bond managed fund is $0.9802 per unit and the current exit price is $0.9782 per unit (as at 18 Nov 2024).

The current exit price of the Colonial FirstChoice - PIMCO Global Bond managed fund is $0.9782 per unit and the current entry price is $0.9802 per unit (as at 18 Nov 2024).

The minimum initial investment amount for the Colonial FirstChoice - PIMCO Global Bond 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.