Home

FirstChoice WS Inv - First Sentier WS Concentrated Australian Share

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100258-2024-06-15-02:27.pdf
FUND MANAGER First Sentier Investors
ASX Code
APIR FSF0002AU
ASSET CLASS AUSTRALIAN EQUITIES
INVESTMENT STYLE

The Fund invests in a broad selection of Australian companies.

When you invest in FirstChoice Wholesale Investments,
your money is combined with other investors’ money in a
managed investment scheme. Each FirstChoice Wholesale
investment option is a separate managed investment
scheme. We may invest directly or indirectly in other
managed investment schemes managed by us to gain
exposure and administrative efficiencies. 

INVESTMENT PROFILE The Fund seeks to provide long-term capital growth with some income and to outperform the Benchmark over rolling three-year periods before fees and taxes.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 22-12-1993
BENCHMARK S&P/ASX 300 Accumulation Index
FUND SIZE S&P/ASX 300 Accumulation Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS Around 50
FEES 0.96% p.a.
STRUCTURE

Benefits

Benefits

What are the benefits of the CFS Wholesale Funds?

Investing in one of the funds allows you to take advantage of a team of investment professionals helping to make the most of your money.

Professional investment management

Our investment professionals are among the leaders in their field who follow a disciplined investment process using a combination of investment experience, expertise and sophisticated research.

Award winning service

We are committed to delivering superior client service and administration which has been recognised through many industry awards.

Risk level

Very high

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

Our investment principles

At Colonial First State, we aim to create wealth by applying an active and disciplined approach to managing money. Our robust investment processes are implemented by investment professionals of the highest calibre.

Active management

Market indices, or benchmarks' as they are often called, reflect the performance of all investments making up that index.

We believe that the dynamic nature of investment markets enables us to add value in the markets in which we operate, and therefore we seek to achieve investment returns above those of the relevant market indices for the active funds we manage.

Disciplined methodology

We manage portfolios across a range of different investment styles. In each case we believe our role is not to avoid risk, but rather to understand the relationship between risk and reward and to manage risk appropriately, relative to the objectives of the portfolio.

We select investments and construct our portfolios in a disciplined manner, with an emphasis on identifying and controlling risk. We avoid speculation and our processes are designed to ensure that our portfolios are appropriately diversified.

Quality people

Colonial First State is regarded as one of Australia's largest and most reputable investment managers. As a result, we are able to attract and retain the highest quality people.

Our business has been built on people who exercise good judgement and are acknowledged as leaders in their respective fields of expertise.

We may outsource or delegate some or all of the investment management of some funds to a related entity or a third party. If we outsource to a third party, an external search process is undertaken to ensure that we select managers of the highest quality.

Mandate

How we invest your money

Investment 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 high quality companies with strong balance sheets and earnings. The fund predominantly invests in Australian companies and therefore does not hedge currency risk.

Investment ranges

(Asset class: Range / Benchmark)

  • Australian shares: 90%-100% / 100%
  • Cash: 0%-10% / 0%