Colonial First State (FirstChoice) Geared Share
Note: Investment Objective and Investment Strategy details are copied from Fund Manager PDS or profile documents.
||Colonial First State (FirstChoice) Geared Share
||Colonial First State - FirstChoice Investments (show all funds)
||Large Capitalisation / Blue Chip
||S&P/ASX 100 Accumulation Index
||Internally Geared Fund
||Colonial First State
||To magnify long-term returns from capital growth by borrowing to
invest in large Australian companies.
||Colonial First State’s ‘GDP Plus’ approach is based on the belief that,
over the medium-to-long term, share prices are driven by growth in a
company’s earnings, despite the existence of sentiment which can
lead to short-term price volatility. The strategy of this option is to use
gearing and generally invest in high quality companies in the
S&P/ASX 100 Accumulation Index. These companies generally have
strong balance sheets and their earnings are expected to grow at a
greater rate than the Australian economy as a whole. The option’s
gearing effectively magnifies returns from the underlying investments,
whether they are gains or losses. The option predominantly invests in
Australian companies and therefore does not hedge currency risk.
* Statistics exclude both first and current (incomplete) financial year
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* Statistics exclude both first and current (incomplete) quarter
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Performance data assumptions
Performance is calculated on an initial investment of $10,000 using entry price, with distributions reinvested using actual unit price. No tax or contribution fees have been deducted from the results. If your own investment was subject to contribution fees or if you did not reinvest distributions, your returns may be less than that shown. Your after-tax returns will also be less. Data is sourced directly from fund managers, but we offer no warranty as to the accuracy of the data, we suggest you verify the data from other sources before acting on the information on this site.
These charts show historical performance only and give no indication of future performance. This information is general in nature and does not take into account your personal circumstances, goals or investment objectives. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making any investment decisions.
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