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  5. Colonial FirstChoice Wholesale Personal Super - Magellan Global Share - Managed fund profile

Colonial FirstChoice Wholesale Personal Super - Magellan Global Share - Managed Fund

Fund Objective
To achieve attractive risk-adjusted returns over the medium-to-long term, while reducing the risk of permanent capital loss via investment in global shares. The option aims to deliver 9% p.a. net of fees over the economic cycle. The option also aims to outperform the MSCI World Index over rolling five-year periods before fees and taxes
Fund Strategy
Magellan aims to find companies at attractive prices which have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. Magellan will endeavour to acquire these companies at a discount to its assessment of the intrinsic value of the companies. The portfolio will consist of 20 to 40 investments. This option 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 -1% 1.23% 1.52% 21.76% 18.22% 7.4% 7.08% 10.47%
Growth return -1% 1.23% 1.52% 21.76% 18.22% 7.4% 7.08% 10.47%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 30 Sep 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Personal Super - Magellan Global Share
International Equities
94.53%
Cash
5.47%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.09%
Cash
2.53%
Australian Equities
2.65%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Personal Super - Magellan Global Share
FSF1224AU
Equity World Large Blend
starstarstar (as at 30 Sep 2024)
Superannuation Fund
11 Apr 2011
$546.43 million (as at 30 Sep 2024)
$5.0869 (as at 30 Oct 2024)
$5.0818 (as at 30 Oct 2024)
Open
Offer information
Type Description
MER 1.50% (as at 15 Jun 2024)
Indirect Cost Ratio (ICR) - Estimated 1.86% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0.26
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
Microsoft Corp Equity 7.27%
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FAQs about the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share

The objective of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund is To achieve attractive risk-adjusted returns over the medium-to-long term, while reducing the risk of permanent capital loss via investment in global shares. The option aims to deliver 9% p.a. net of fees over the economic cycle. The option also aims to outperform the MSCI World Index over rolling five-year periods before fees and taxes

The strategy of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund is Magellan aims to find companies at attractive prices which have sustainable competitive advantages which translate into returns on capital in excess of their cost of capital for a sustained period of time. Magellan will endeavour to acquire these companies at a discount to its assessment of the intrinsic value of the companies. The portfolio will consist of 20 to 40 investments. This option does not hedge currency risk.

The APIR code of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund is FSF1224AU.

Colonial FirstChoice Wholesale Personal Super - Magellan Global Share’s total return last month was -1%. This was made up of a growth return of -1% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

Colonial FirstChoice Wholesale Personal Super - Magellan Global Share’s total return for the last three months was 1.23%. This was made up of a growth return of 1.23% and an income return of 0%%. These returns were calculated as at 30 Sep 2024.

Colonial FirstChoice Wholesale Personal Super - Magellan Global Share’s one-year total return is 21.76%. This was made up of a growth return of 21.76% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

Colonial FirstChoice Wholesale Personal Super - Magellan Global Share’s one-year total return is 7.4%. This was made up of a growth return of 7.4% and an income return of 0%. These returns were calculated as at 30 Sep 2024.

The asset allocation of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund is :

International Equities
94.53%
Cash
5.47%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund belongs to the Equity World Large Blend sector/asset class.

As at 30 Sep 2024, the size of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund was $546.43 million.

The Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund has an inception date of 11 Apr 2011.

The current entry price of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund is $5.0869 per unit and the current exit price is $5.0818 per unit (as at 30 Oct 2024).

The current exit price of the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share managed fund is $5.0818 per unit and the current entry price is $5.0869 per unit (as at 30 Oct 2024).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Personal Super - Magellan Global Share 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.