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Rebate Offer
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2.0% (100%)
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Minimum Initial Investment
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$5,000
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Expected Close Date
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CLOSED
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Colonial First State CapGT has been created for long-term investors seeking the benefits of significant growth, real portfolio diversification and a capital guarantee^.
Colonial First State CapGT – Aspect Series 1 aims to achieve significant long term growth through an underlying exposure to the managed futures investment programmed of CFS alliance partner Aspect Capital Limited (Aspect Managed Account). In addition, the investment will be protected through a capital guarantee from the Commonwealth Bank^.
The underlying investment of Aspect Series 1 is a managed futures programme based on an actively managed portfolio of forward contracts and is typically described as an alternative growth asset. A key feature of a managed futures programme is the manager can potentially generate returns regardless of whether the market is rising or falling. Historically, managed futures have low correlation with traditional asset classes such as bonds and shares and as a result an allocation to managed futures can provide real diversification benefits. Such diversification can help smooth returns over the investment cycle.
Past performance is no indication of future performance. Performance to 31 July 2010. Source: Colonial First State. Managed futures – CISDM CTA Asset Weighted Index (hedged to AUD). Global equities – MSCI World Net Index (in AUD). Global bonds – Citigroup World Government Bond Index ex Australia (AUD Hedged).
Aspect Series 1 accesses Aspect Diversified Programme developed by Aspect Capital, which has historically delivered strong long term returns. Although Aspect Series 1 is new and does not have a trading history, the Aspect Diversified Programme will be applied to the Aspect Managed Account. Aspect is one of the largest and most experienced managed futures managers in the world. Two of its original founders, Michael Adam and Martin Leuck are two of the three original founders of AHL Limited, the team behind Man Investment's longest running managed futures program AHL Diversified.
Why invest?
- Expertise of the Aspect Capital team, whose Aspect Diversified Programme has outperformed its benchmark* since inception in 1998.
- Commonwealth Bank Guarantee^ provides protection of your initial investment with the potential of protecting any rise in value through a rising guarantee.
- Value for money pricing policy means CapGT Aspect Series 1 has lower management costs than comparable funds.
- No performance cap so there is no limit to the upside potential.
- Genuine diversification opportunity with the potential to lower portfolio volatility and improve risk adjusted return.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 2.0% entry fee on the Colonial First State CapGT as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.50% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor. |
^Subject to the terms of the Commonwealth Bank Guarantee outlined in section 3 of the PDS.
*Past performance is not a reliable indicator of future performance. Since inception, it has outperformed the CISDM CTA Asset Weighted Index for managed futures, the MSCI global share index and the global bond index.
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