Colonial FirstChoice Personal Super - 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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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.33%	-1.83%	-1.86%	-1.95%	0.58%	0.65%	1.21%	2.41%
Growth return	-0.33%	-1.83%	-1.86%	-1.95%	0.58%	0.65%	1.21%	2.41%
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 - 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: 6.45%

Alternatives: 2.13%

Australian Equities: 0.69%

International Equities: 0.56%

Property: 0%

Fixed Interest: 90.17%

General Information

Fund Details

Type	Description
Fund Name	Colonial FirstChoice Personal Super - Schroder Absolute Return Income
Fund Status	Closed
Responsible Entity	Colonial First State Investments Limited
APIR Code	FSF0446AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	(as at 30 Apr 2022)
Legal Structure	Superannuation Fund
Fund Inception	1 May 2004
Fund Size	$17.84 million (as at 30 Apr 2022)
Entry Price	$1.7109 (as at 20 May 2022)
Exit Price	$1.7041 (as at 20 May 2022)
Fund Status	Finalised

Offer information

Type	Description
MER	0.94% (as at 13 Dec 2021)
Indirect Cost Ratio (ICR) - Estimated	0.90% (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 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 Personal Super - Schroder Absolute Return Income

What is the objective of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

The objective of the Colonial FirstChoice Personal Super - 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.

What is the strategy for the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

The strategy of the Colonial FirstChoice Personal Super - 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.

What is the APIR code of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

The APIR code of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund is FSF0446AU.

What was Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s total return last month?

Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s total return last month was -0.33%. This was made up of a growth return of -0.33% and an income return of 0%. These returns were calculated as at 30 Apr 2022.

What was Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s total return for the last three months?

Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s total return for the last three months was -1.83%. This was made up of a growth return of -1.83% and an income return of 0%%. These returns were calculated as at 30 Apr 2022.

What is Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s one-year total return?

Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s one-year total return is -1.95%. This was made up of a growth return of -1.95% and an income return of 0%. These returns were calculated as at 30 Apr 2022.

What is Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s three-year total return?

Colonial FirstChoice Personal Super - Schroder Absolute Return Income’s one-year total return is 0.65%. This was made up of a growth return of 0.65% and an income return of 0%. These returns were calculated as at 30 Apr 2022.

What is the asset allocation of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

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

Cash: 30.89%

Alternatives: 69.11%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Who is the responsible Entity of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

The Responsible Entity for the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund is Colonial First State Investments Limited.

What sector/asset class does the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund belong to?

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

What is the size of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

As at 30 Apr 2022, the size of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund was $17.84 million.

What is the inception date of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

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

What is the current entry price of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

The current entry price of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund is $1.7109 per unit and the current exit price is $1.7041 per unit (as at 20 May 2022).

What is the current exit price of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

The current exit price of the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund is $1.7041 per unit and the current entry price is $1.7109 per unit (as at 20 May 2022).

What is the minimum investment amount for the Colonial FirstChoice Personal Super - Schroder Absolute Return Income managed fund?

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

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