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  5. Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core - Managed fund profile

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core - Managed Fund (Closed)

Fund Objective
To provide long-term capital growth with some income by investing predominantly in a broad selection of Australian companies, as well as taking short positions in order to invest more and expand investment returns. The option aims to outperform the S&P/ASX 100 Accumulation Index over rolling three year periods before fees and taxes.
Fund Strategy
The option will aim to have a net long exposure of 100%. It will also aim to short sell 30% of its net asset value and invest that amount in the long portfolio to around 130% of the net asset value. Upper limits have been placed on the option's short exposure of 50% of the net asset value and on the long exposure of 150% of the net asset value. This option may use derivatives to obtain market exposure. This option predominantly invests in Australian companies and therefore does not 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 -2.46% 3.78% 6.99% 11.59% 11.18% 15.81% 10.34% -%
Growth return -2.46% 3.78% 6.99% 11.59% 11.18% 15.81% 10.34% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 30 Apr 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core
Australian Equities
98.38%
Cash
1.62%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core
Closed
Colonial First State Investments Limited
FSF0948AU
Equity Australia Large Blend
starstarstarstarstar (as at 30 Apr 2015)
Allocated Pension
19 May 2008
$4.21 million (as at 30 Apr 2015)
$1.507 (as at 22 May 2015)
$1.507 (as at 22 May 2015)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.26% (as at 19 May 2014) (Estimated)
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core

The objective of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is To provide long-term capital growth with some income by investing predominantly in a broad selection of Australian companies, as well as taking short positions in order to invest more and expand investment returns. The option aims to outperform the S&P/ASX 100 Accumulation Index over rolling three year periods before fees and taxes.

The strategy of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is The option will aim to have a net long exposure of 100%. It will also aim to short sell 30% of its net asset value and invest that amount in the long portfolio to around 130% of the net asset value. Upper limits have been placed on the option's short exposure of 50% of the net asset value and on the long exposure of 150% of the net asset value. This option may use derivatives to obtain market exposure. This option predominantly invests in Australian companies and therefore does not hedge currency risk.

The APIR code of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is FSF0948AU.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core’s total return last month was -2.46%. This was made up of a growth return of -2.46% and an income return of 0%. These returns were calculated as at 30 Apr 2015.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core’s total return for the last three months was 3.78%. This was made up of a growth return of 3.78% and an income return of 0%%. These returns were calculated as at 30 Apr 2015.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core’s one-year total return is 11.59%. This was made up of a growth return of 11.59% and an income return of 0%. These returns were calculated as at 30 Apr 2015.

Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core’s one-year total return is 15.81%. This was made up of a growth return of 15.81% and an income return of 0%. These returns were calculated as at 30 Apr 2015.

The asset allocation of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is :

Australian Equities
98.38%
Cash
1.62%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Apr 2015, the size of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund was $4.21 million.

The Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund has an inception date of 19 May 2008.

The current entry price of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is $1.507 per unit and the current exit price is $1.507 per unit (as at 22 May 2015).

The current exit price of the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core managed fund is $1.507 per unit and the current entry price is $1.507 per unit (as at 22 May 2015).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Pension - Colonial Wholesale Australian Share Long/Short - Core 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.