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  5. Optimum Personal Super - Colonial Geared Share - Managed fund profile

Optimum Personal Super - Colonial Geared Share - Managed Fund (Closed)

Fund Objective
To magnify long-term returns from capital growth by borrowing to invest in large Australian companies. The option aims to outperform the S&P/ASX 100 Accumulation Index over rolling seven year periods before fees and taxes.
Fund Strategy
The fund's strategy is based on the belief that, over the medium-to-long term, stock prices are driven by the ability of management to generate excess returns over their cost of capital in their chosen industry. The fund generally invests in large, high quality companies with strong balance sheets and earnings. The fund utilises gearing to magnify returns from underlying investments. The fund 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 2.81% 15.77% 27.66% 32.22% 9.95% 13.42% 22.33% 2.72%
Growth return 2.81% 15.77% 27.66% 32.22% 9.95% 13.42% 22.33% 2.72%
Income return 0% 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 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Optimum Personal Super - Colonial Geared Share
Australian Equities
192.49%
International Equities
21.27%
Cash
-113.75%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
International Equities
4.21%
Cash
-0.08%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Optimum Personal Super - Colonial Geared Share
Closed
Suncorp Portfolio Services Limited
RSA0426AU
Equity Australia Large Geared
starstarstarstar (as at 30 Apr 2017)
Superannuation Fund
11 Dec 2006
$0.1 million (as at 30 Apr 2017)
$1.3767 (as at 29 May 2017)
$1.363 (as at 29 May 2017)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 2.10% (as at 11 Dec 2006)
Indirect Cost Ratio (ICR) 2.33% (as at 30 Jun 2013)
Minimum initial investment $2,000.00

Top 10 holdings (as at 30 Apr 2022)

Holding (as at 30 Apr 2022) Type % of Portfolio
BHP Group Ltd Equity 11.73%
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FAQs about the Optimum Personal Super - Colonial Geared Share

The objective of the Optimum Personal Super - Colonial Geared Share managed fund is To magnify long-term returns from capital growth by borrowing to invest in large Australian companies. The option aims to outperform the S&P/ASX 100 Accumulation Index over rolling seven year periods before fees and taxes.

The strategy of the Optimum Personal Super - Colonial Geared Share managed fund is The fund's strategy is based on the belief that, over the medium-to-long term, stock prices are driven by the ability of management to generate excess returns over their cost of capital in their chosen industry. The fund generally invests in large, high quality companies with strong balance sheets and earnings. The fund utilises gearing to magnify returns from underlying investments. The fund predominantly invests in Australian companies and therefore does not hedge currency risk.

The APIR code of the Optimum Personal Super - Colonial Geared Share managed fund is RSA0426AU.

Optimum Personal Super - Colonial Geared Share’s total return last month was 2.81%. This was made up of a growth return of 2.81% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Optimum Personal Super - Colonial Geared Share’s total return for the last three months was 15.77%. This was made up of a growth return of 15.77% and an income return of 0%%. These returns were calculated as at 30 Apr 2017.

Optimum Personal Super - Colonial Geared Share’s one-year total return is 32.22%. This was made up of a growth return of 32.22% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Optimum Personal Super - Colonial Geared Share’s one-year total return is 13.42%. This was made up of a growth return of 13.42% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

The asset allocation of the Optimum Personal Super - Colonial Geared Share managed fund is :

Australian Equities
192.49%
International Equities
21.27%
Cash
-113.75%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Optimum Personal Super - Colonial Geared Share managed fund is Suncorp Portfolio Services Limited.

The Optimum Personal Super - Colonial Geared Share managed fund belongs to the Equity Australia Large Geared sector/asset class.

As at 30 Apr 2017, the size of the Optimum Personal Super - Colonial Geared Share managed fund was $0.1 million.

The Optimum Personal Super - Colonial Geared Share managed fund has an inception date of 11 Dec 2006.

The current entry price of the Optimum Personal Super - Colonial Geared Share managed fund is $1.3767 per unit and the current exit price is $1.363 per unit (as at 29 May 2017).

The current exit price of the Optimum Personal Super - Colonial Geared Share managed fund is $1.363 per unit and the current entry price is $1.3767 per unit (as at 29 May 2017).

The minimum initial investment amount for the Optimum Personal Super - Colonial Geared Share managed fund is $2,000.

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.