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  5. Colonial FirstChoice Personal Super - PM Capital Enhanced Yield - Managed fund profile

Colonial FirstChoice Personal Super - PM Capital Enhanced Yield - Managed Fund (Closed)

Fund Objective
To provide investment returns in excess of the Reserve Bank of Australia cash rate by tactically investing the majority of assets in a combination of cash and yield securities with a minor allocation to low volatility equity strategies. The option aims to outperform the Reserve Bank of Australia cash rate over rolling two-year periods after fees and taxes, with a low degree of volatility and minimal risk of capital loss.
Fund Strategy
The option aims to invest the majority of its assets in cash and interest bearing securities. The option has the ability to minimise or hedge against interest rate, credit spread and equity risk. Derivatives may be used to synthetically create or replicate underlying positions, however, derivatives may not be used to leverage the portfolio. PM Capital attempts to hedge all foreign currency exposure back to the Australian dollar to substantially reduce the exposure of the option to the risks associated with movements in foreign exchange rates.

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 -0.42% -0.73% -0.66% -0.35% 1.88% 1.22% 1.64% 2.57%
Growth return -0.42% -0.73% -0.66% -0.35% 1.88% 1.22% 1.64% 2.57%
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 30 Apr 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Personal Super - PM Capital Enhanced Yield
Cash
9.07%
Fixed Interest
90.93%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
6.45%
Fixed Interest
90.17%
Australian Equities
0.69%
International Equities
0.56%
Property
0%
Alternatives
2.13%

General Information

Fund Details
Type Description
Colonial FirstChoice Personal Super - PM Capital Enhanced Yield
Closed
Colonial First State Investments Limited
FSF0673AU
Diversified Credit
starstarstarstar (as at 30 Apr 2022)
Superannuation Fund
7 Sep 2004
$17.3 million (as at 30 Apr 2022)
$1.809 (as at 20 May 2022)
$1.8054 (as at 20 May 2022)
Finalised
Offer information
Type Description
MER 1.05% (as at 13 Dec 2021)
Indirect Cost Ratio (ICR) - Estimated 0.84% (as at 30 Jun 2021) (Estimated)
Performance fee (included in ICR) 0.09
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
Etsa Utilities Finance Pty Ltd Bond - Corporate Bond 4.04%
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FAQs about the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield

The objective of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is To provide investment returns in excess of the Reserve Bank of Australia cash rate by tactically investing the majority of assets in a combination of cash and yield securities with a minor allocation to low volatility equity strategies. The option aims to outperform the Reserve Bank of Australia cash rate over rolling two-year periods after fees and taxes, with a low degree of volatility and minimal risk of capital loss.

The strategy of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is The option aims to invest the majority of its assets in cash and interest bearing securities. The option has the ability to minimise or hedge against interest rate, credit spread and equity risk. Derivatives may be used to synthetically create or replicate underlying positions, however, derivatives may not be used to leverage the portfolio. PM Capital attempts to hedge all foreign currency exposure back to the Australian dollar to substantially reduce the exposure of the option to the risks associated with movements in foreign exchange rates.

The APIR code of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is FSF0673AU.

Colonial FirstChoice Personal Super - PM Capital Enhanced Yield’s total return last month 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 30 Apr 2022.

Colonial FirstChoice Personal Super - PM Capital Enhanced Yield’s total return for the last three months was -0.73%. This was made up of a growth return of -0.73% and an income return of 0%%. These returns were calculated as at 30 Apr 2022.

Colonial FirstChoice Personal Super - PM Capital Enhanced Yield’s one-year total return is -0.35%. This was made up of a growth return of -0.35% and an income return of 0%. These returns were calculated as at 30 Apr 2022.

Colonial FirstChoice Personal Super - PM Capital Enhanced Yield’s one-year total return is 1.22%. This was made up of a growth return of 1.22% and an income return of 0%. These returns were calculated as at 30 Apr 2022.

The asset allocation of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is :

Cash
9.07%
Fixed Interest
90.93%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Apr 2022, the size of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund was $17.3 million.

The Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund has an inception date of 7 Sep 2004.

The current entry price of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is $1.809 per unit and the current exit price is $1.8054 per unit (as at 20 May 2022).

The current exit price of the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield managed fund is $1.8054 per unit and the current entry price is $1.809 per unit (as at 20 May 2022).

The minimum initial investment amount for the Colonial FirstChoice Personal Super - PM Capital Enhanced Yield 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.