asset_category: 21-40% Growth Assets - Low-Cost Diversified
peer_benchmark: Multi-Asset - 21-40% Low-Cost Index
broad_market_index: Multi-Asset Moderate Investor Index
manager_contact_details: Array
ticker: FSF7580AU
release_schedule: NO COMMENTARY
fund_features:
Colonial First State Index Conservative – Class A aims to provide relatively stable returns over the medium term with the potential for some long-term capital growth. To closely track the fund’s composite benchmark over rolling three-year periods before fees and taxes. The fund allocates 70% of investments to defensive assets such as fixed interest and cash to provide the portfolio with relatively stable returns. The fixed interest component is managed on a traditional index basis while the cash component may include money market securities, bank deposits and annuities. 30% of the portfolio is allocated to growth assets such as shares, property and infrastructure securities to provide potential for capital growth. The growth assets are managed using market capitalization indices. The portfolio aims to hedge currency risk, except for a part of the allocation to global shares.
structure: Managed Fund