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  5. First Sentier Equity Income Fund - Managed fund profile

First Sentier Equity Income Fund - Managed Fund

Fund Objective
To provide a total return comprised of regular income, franking credits and some capital growth from Australian shares over the long term, delivered with consistently lower volatility than the S&P/ASX 100 Accumulation Index. The option aims to deliver risk-adjusted returns that exceed the S&P/ASX 100 Accumulation Index before fees and taxes over a full market cycle.
Fund Strategy
The option's returns are generated from a number of sources, including dividends, franking credits and capital returns from Australian shares, as well as option premium income. The option uses derivatives to modify the return profile of its Australian share holdings. The use of equity options in conjunction with Australian shares is expected to result in a greater proportion of the total return delivered as income and reduced volatility. In selecting Australian shares, investment opportunities are identified by detailed fundamental research.

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 -2.28% 0.95% 11.62% 8.87% 5.47% 5.6% 7.04% -%
Growth return -2.28% -0.69% 7.71% 2.35% -1.99% -1.76% -2.89% -%
Income return 0% 1.64% 3.91% 6.52% 7.46% 7.36% 9.93% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.79% 5.47% 11.53% 23.42% 11.9% 9.55% 8.28% 9.08%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

First Sentier Equity Income Fund
Australian Equities
87.81%
International Equities
1.79%
Cash
4.15%
Property
6.25%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.64%
International Equities
4.14%
Cash
-0.31%
Property
2.16%
Fixed Interest
0.40%
Alternatives
-0.03%

General Information

Fund Details
Type Description
First Sentier Equity Income Fund
Colonial First State Investments Limited
FSF1676AU
Australia Equity Income
starstarstarstar (as at 30 Apr 2024)
Investment Fund
1 Aug 2014
$125.91 million (as at 21 May 2024)
$0.8327 (as at 21 May 2024)
$0.8327 (as at 21 May 2024)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.97% (as at 18 Nov 2019) (Estimated)
Minimum initial investment $20,000
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
BHP Group Ltd Equity 12.17%
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FAQs about the First Sentier Equity Income Fund

The objective of the First Sentier Equity Income Fund managed fund is To provide a total return comprised of regular income, franking credits and some capital growth from Australian shares over the long term, delivered with consistently lower volatility than the S&P/ASX 100 Accumulation Index. The option aims to deliver risk-adjusted returns that exceed the S&P/ASX 100 Accumulation Index before fees and taxes over a full market cycle.

The strategy of the First Sentier Equity Income Fund managed fund is The option's returns are generated from a number of sources, including dividends, franking credits and capital returns from Australian shares, as well as option premium income. The option uses derivatives to modify the return profile of its Australian share holdings. The use of equity options in conjunction with Australian shares is expected to result in a greater proportion of the total return delivered as income and reduced volatility. In selecting Australian shares, investment opportunities are identified by detailed fundamental research.

The APIR code of the First Sentier Equity Income Fund managed fund is FSF1676AU.

First Sentier Equity Income Fund’s total return last month was -2.28%. This was made up of a growth return of -2.28% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

First Sentier Equity Income Fund’s total return for the last three months was 0.95%. This was made up of a growth return of -0.69% and an income return of 1.64%%. These returns were calculated as at 30 Apr 2024.

First Sentier Equity Income Fund’s one-year total return is 8.87%. This was made up of a growth return of 2.35% and an income return of 6.52%. These returns were calculated as at 30 Apr 2024.

First Sentier Equity Income Fund’s one-year total return is 5.6%. This was made up of a growth return of -1.76% and an income return of 7.36%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the First Sentier Equity Income Fund managed fund is :

Australian Equities
87.81%
International Equities
1.79%
Cash
4.15%
Property
6.25%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the First Sentier Equity Income Fund managed fund is Colonial First State Investments Limited.

The First Sentier Equity Income Fund managed fund belongs to the Australia Equity Income sector/asset class.

As at 21 May 2024, the size of the First Sentier Equity Income Fund managed fund was $125.91 million.

The First Sentier Equity Income Fund managed fund has an inception date of 1 Aug 2014.

The current entry price of the First Sentier Equity Income Fund managed fund is $0.8327 per unit and the current exit price is $0.8327 per unit (as at 21 May 2024).

The current exit price of the First Sentier Equity Income Fund managed fund is $0.8327 per unit and the current entry price is $0.8327 per unit (as at 21 May 2024).

The minimum initial investment amount for the First Sentier Equity Income Fund 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.