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  5. Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield - Managed fund profile

Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield - Managed Fund (Closed)

Fund Objective
To outperform both the UBS Australia Bank Bill Index and the UBS Australia Composite Bond Index (All Maturities) over any 12-month period.
Fund Strategy
The manager adopts an active approach to managing the option through active participation in fixed interest and hybrid securities markets. Considerable effort is used to assess the investment potential of rated and unrated fixed interest and hybrid securities.The manager adopts a three-step process of analysis when making investments: macroeconomic assessment, research and valuation analysis, and risk management. The manager aims to hedge any currency risk arising from the investments.

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 0.13% 8.33% 11.83% 24.66% 22.2% 11.91% 8.24% -%
Growth return 0.13% 8.33% 11.83% 24.66% -% 11.91% 7.93% -%
Income return 0% 0% 0% 0% -% 0% 0.31% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.88% -0.39% 2.26% 7.08% 2.86% -0.62% -0.68% 2.11%
As at 31 Jul 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield
Cash
100%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.67%
Australian Equities
1.30%
International Equities
0.53%
Property
0.06%
Fixed Interest
92.07%
Alternatives
0.36%

General Information

Fund Details
Type Description
Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield
Closed
Colonial First State Investments Limited
FSF0701AU
Unconstrained Fixed Income
starstarstarstar (as at 31 Jul 2014)
Investment Fund
24 Feb 2006
$0.15 million (as at 31 Jul 2014)
$0.9431 (as at 22 Aug 2014)
$0.9431 (as at 22 Aug 2014)
Finalised
Offer information
Type Description
MER 1.89% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) - Estimated 0.97% (as at 11 Jun 2013) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield

The objective of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is To outperform both the UBS Australia Bank Bill Index and the UBS Australia Composite Bond Index (All Maturities) over any 12-month period.

The strategy of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is The manager adopts an active approach to managing the option through active participation in fixed interest and hybrid securities markets. Considerable effort is used to assess the investment potential of rated and unrated fixed interest and hybrid securities.The manager adopts a three-step process of analysis when making investments: macroeconomic assessment, research and valuation analysis, and risk management. The manager aims to hedge any currency risk arising from the investments.

The APIR code of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is FSF0701AU.

Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield’s total return last month was 0.13%. This was made up of a growth return of 0.13% and an income return of 0%. These returns were calculated as at 31 Jul 2014.

Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield’s total return for the last three months was 8.33%. This was made up of a growth return of 8.33% and an income return of 0%%. These returns were calculated as at 31 Jul 2014.

Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield’s one-year total return is 24.66%. This was made up of a growth return of 24.66% and an income return of 0%. These returns were calculated as at 31 Jul 2014.

Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield’s one-year total return is 11.91%. This was made up of a growth return of 11.91% and an income return of 0%. These returns were calculated as at 31 Jul 2014.

The asset allocation of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is :

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

The Responsible Entity for the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is Colonial First State Investments Limited.

The Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Jul 2014, the size of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund was $0.15 million.

The Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund has an inception date of 24 Feb 2006.

The current entry price of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is $0.9431 per unit and the current exit price is $0.9431 per unit (as at 22 Aug 2014).

The current exit price of the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield managed fund is $0.9431 per unit and the current entry price is $0.9431 per unit (as at 22 Aug 2014).

The minimum initial investment amount for the Colonial FirstChoice Wholesale Investment - Challenger Wholesale High Yield 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.