Colonial First State - Lodestar Wholesale Australian Absolute Return
Note: Investment Objective and Investment Strategy details are copied from Fund Manager PDS or profile documents.
||Colonial First State - Lodestar Wholesale Australian Absolute Return
||Colonial First State - FirstChoice Wholesale Investments (show all funds)
||Large Capitalisation / Blue Chip
||S&P/ASX 200 Accumulation Index
||To provide investors with returns consistent with the equity markets over a
full investment cycle with lower volatility.
||Lodestar is an active investment manager who believes that the
inefficiency of equity markets creates mispriced securities. Lodestar’s
proprietary systems assist them in identifying those opportunities, and its
investment team performs a qualitative analysis of each share prior to its
addition to the portfolio. Lodestar typically invests in a concentrated
portfolio of securities listed on the Australian Securities Exchange. The
portfolio's style-neutral approach seeks to ensure that investors are not
subjected to the extreme swings in investment styles. Lodestar has the
ability to: invest in cash when the opportunities in the equities market are
poor; apply leverage and hedging to increase returns and/or reduce risks;
use derivatives; and short sell stocks when they are unattractive relative to
their inherent value. Lodestar’s returns aim to be less volatile than the
share market over the medium term.
* 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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