No market sector or directional preference – markets are selected for their diversification, liquidity and transaction costs.
Highly diversified managed futures investments with low correlation to traditional asset classes over the long term.
Quantitative process identifies market opportunities while model and proprietary statistical tools exploit market behaviour.
Investment objective: To generate significant medium-term capital growth independent of overall movements in traditional stock and bond markets within a rigorous risk management framework. The Fund aims to provide a return greater than the Reserve Bank of Australia cash rate over rolling three-year periods after fees and taxes.
8 March 2010
Reserve Bank of Australia cash rate
Alternative investments, managed futures
To generate significant medium-term capital growth independent of overall movements in traditional equity and bond markets within a rigorous risk management framework. To provide a return greater than the Reserve Bank of Australia cash rate over rolling three-year periods after fees and taxes.
At least 5 years
>230 liquid futures, FX forwards and cleared OTC swaps
N/A
1.20% p.a. Class A
1.43% p.a. FirstChoice Wholesale Personal Super and Pension
1.40% p.a. FirstChoice Wholesale Investment
20% of the dollar value of positive performance after management fees (less carried forward negative performance) above the Reserve Bank of Australia cash rate. For more information, refer to the PDS.
Nil
Nil
$25,000 Class A
$20,000 FirstChoice Wholesale Pension
$1,000 FirstChoice Wholesale Investments
Nil FirstChoice Wholesale Super
FSF1086AU Class A
FSF1081AU FirstChoice Wholesale Investments FSF1089AU FirstChoice Wholesale Pension
FSF1095AU FirstChoice Wholesale Personal Super
*Please refer to the Product Disclosure Statement (PDS) for further details on fees and other costs that may apply.
#On the dollar value of positive performance after management fees (less carried forward negative performance) above the Reserve Bank of Australia cash rate. For more information, refer to the PDS.
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Information on this webpage is provided by Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 and Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468. It may include general advice but does not consider anyone’s individual objectives, financial situation, needs or tax circumstances. You should read the relevant Product Disclosure Statements (PDSs), Investor Directed Portfolio Service Guides (IDPS Guides) and Financial Services Guides (FSGs) before making any recommendations to a client. The PDSs, IDPS Guides and FSGs can be obtained from www.cfs.com.au or by calling us on 13 18 36.