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  5. Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income - Managed fund profile

Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income - Managed Fund (Closed)

Fund Objective
To generate monthly income significantly in excess of that available from short-term money market securities and cash rates. The option aims to achieve up to 1.70% pa in excess of the UBS Australian Bank Bill Index before fees over the medium term (three years).
Fund Strategy
The investment objective is pursued primarily through the management of credit exposure using research-based knowledge, fundamental credit analysis and the requisite skills base to identify securities with superior risk-adjusted return characteristics in both the domestic and international debt markets. This 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 0.16% 0.3% 7.25% -2.98% 5.73% 13.67% -0.05% -%
Growth return 0.16% 0.05% 6.18% -5.4% 2.88% 10.29% -4.3% -%
Income return 0% 0.25% 1.07% 2.42% 2.85% 3.38% 4.25% -%
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 May 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
90.14%
Australian Equities
0.69%
International Equities
0.56%
Cash
6.47%
Property
0%
Alternatives
2.14%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income
Closed
Colonial First State Investments Limited
FSF0888AU
Diversified Credit
starstarstar (as at 31 May 2012)
Investment Fund
30 Apr 2007
$3.11 million (as at 31 May 2012)
$0.8078 (as at 1 Jun 2012)
$0.8078 (as at 1 Jun 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.82% (as at 30 Jun 2011) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income

The objective of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is To generate monthly income significantly in excess of that available from short-term money market securities and cash rates. The option aims to achieve up to 1.70% pa in excess of the UBS Australian Bank Bill Index before fees over the medium term (three years).

The strategy of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is The investment objective is pursued primarily through the management of credit exposure using research-based knowledge, fundamental credit analysis and the requisite skills base to identify securities with superior risk-adjusted return characteristics in both the domestic and international debt markets. This option aims to hedge currency risk.

The APIR code of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is FSF0888AU.

Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income’s total return last month was 0.16%. This was made up of a growth return of 0.16% and an income return of 0%. These returns were calculated as at 31 May 2012.

Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income’s total return for the last three months was 0.3%. This was made up of a growth return of 0.05% and an income return of 0.25%%. These returns were calculated as at 31 May 2012.

Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income’s one-year total return is -2.98%. This was made up of a growth return of -5.4% and an income return of 2.42%. These returns were calculated as at 31 May 2012.

Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income’s one-year total return is 13.67%. This was made up of a growth return of 10.29% and an income return of 3.38%. These returns were calculated as at 31 May 2012.

The asset allocation of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund belongs to the Diversified Credit sector/asset class.

As at 31 May 2012, the size of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund was $3.11 million.

The Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund has an inception date of 30 Apr 2007.

The current entry price of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is $0.8078 per unit and the current exit price is $0.8078 per unit (as at 1 Jun 2012).

The current exit price of the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is $0.8078 per unit and the current entry price is $0.8078 per unit (as at 1 Jun 2012).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Investment - BlackRock Monthly Income managed fund is $5,000. 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.