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  5. Thrive+ Sustainable Growth - Managed fund profile

Thrive+ Sustainable Growth - Managed Fund

Fund Objective
To provide capital growth and income over the long term. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.
Fund Strategy
The option manages to 'sustainable investment' criteria that encourages investment in companies with strong environment, social and governance characteristics. It seeks to avoid companies or activities that have a highly adverse effect on the environment or society. This option is governed by the Thrive Sustainable Investment Charter. The option allocates 80% to growth assets and 20% to defensive assets and across a number of investment managers. The portfolio aims to hedge currency risk except for part of the allocation to global shares.

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 -4.11% -3.03% -2.98% 0.97% 8.33% -% -% -%
Growth return -5.97% -4.91% -5.46% -5.39% 3.82% -% -% -%
Income return 1.86% 1.88% 2.48% 6.36% 4.51% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -2.51% -1% 0.52% 5.38% 9.76% 5.92% 9.61% 6.63%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Thrive+ Sustainable Growth
Australian Equities
24.71%
International Equities
53.63%
Cash
3.13%
Fixed Interest
18.53%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.10%
International Equities
34.54%
Cash
4.91%
Fixed Interest
22.93%
Property
6.42%
Alternatives
4.10%

General Information

Fund Details
Type Description
Thrive+ Sustainable Growth
Colonial First State Investments Limited
FSF7669AU
Multisector Growth
Not Rated
Investment Fund
21 Nov 2022
$8.87 million (as at 31 Mar 2025)
$1.0972 (as at 23 Apr 2025)
$1.095 (as at 23 Apr 2025)
Open
Offer information
Type Description
MER 0.93% (as at 16 Nov 2024)
Indirect Cost Ratio (ICR) - Estimated 1% (as at 30 Jun 2024) (Estimated)
Performance fee (included in ICR) 0.14
Minimum initial investment $5,000.00

Top 10 holdings (as at 31 Jan 2025)

Holding (as at 31 Jan 2025) Type % of Portfolio
Microsoft Corp Equity 3.03%
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FAQs about the Thrive+ Sustainable Growth

The objective of the Thrive+ Sustainable Growth managed fund is To provide capital growth and income over the long term. To outperform the option's composite benchmark over rolling three-year periods before fees and taxes.

The strategy of the Thrive+ Sustainable Growth managed fund is The option manages to 'sustainable investment' criteria that encourages investment in companies with strong environment, social and governance characteristics. It seeks to avoid companies or activities that have a highly adverse effect on the environment or society. This option is governed by the Thrive+ Sustainable Investment Charter. The option allocates 80% to growth assets and 20% to defensive assets and across a number of investment managers. The portfolio aims to hedge currency risk except for part of the allocation to global shares.

The APIR code of the Thrive+ Sustainable Growth managed fund is FSF7669AU.

Thrive+ Sustainable Growth’s total return last month was -4.11%. This was made up of a growth return of -5.97% and an income return of 1.86%. These returns were calculated as at 31 Mar 2025.

Thrive+ Sustainable Growth’s total return for the last three months was -3.03%. This was made up of a growth return of -4.91% and an income return of 1.88%%. These returns were calculated as at 31 Mar 2025.

Thrive+ Sustainable Growth’s one-year total return is 0.97%. This was made up of a growth return of -5.39% and an income return of 6.36%. These returns were calculated as at 31 Mar 2025.

Thrive+ Sustainable Growth’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2025.

The asset allocation of the Thrive+ Sustainable Growth managed fund is :

Australian Equities
24.71%
International Equities
53.63%
Cash
3.13%
Fixed Interest
18.53%
Property
0%
Alternatives
0%

The Responsible Entity for the Thrive+ Sustainable Growth managed fund is Colonial First State Investments Limited.

The Thrive+ Sustainable Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2025, the size of the Thrive+ Sustainable Growth managed fund was $8.87 million.

The Thrive+ Sustainable Growth managed fund has an inception date of 21 Nov 2022.

The current entry price of the Thrive+ Sustainable Growth managed fund is $1.0972 per unit and the current exit price is $1.095 per unit (as at 23 Apr 2025).

The current exit price of the Thrive+ Sustainable Growth managed fund is $1.095 per unit and the current entry price is $1.0972 per unit (as at 23 Apr 2025).

The minimum initial investment amount for the Thrive+ Sustainable Growth managed fund is $5,000.

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.