release_schedule: NO COMMENTARY
fund_features:
The Colonial First State Geared Share Fund aims to magnify long-term returns from capital growth by borrowing to invest in large Australian companies, outperforming the S&P/ASX 100 Accumulation Index over rolling seven year periods before fees and taxes.
- The managers approach 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.
manager_contact_details: Array
asset_class: Domestic Equity
asset_category: Australia Large Geared
peer_benchmark: Domestic Equity - Large Geared Index
broad_market_index: ASX Index 200 Index
structure: Managed Fund