FirstChoice Wholesale Investments part 2 - Colonial First State

More documents

Recommendations

Info

COLONIAL FIRST STATE - FIRSTCHOICE WHOLESALE INVESTMENT FUNDS 8. RELATED PARTIES DISCLOSURES (continued) NOTES TO THE FINANCIAL STATEMENTS FOR THE REPORTING PERIOD ENDED 30 JUNE 2013 (c) Responsible Entity's Management Fees Under the terms of the Constitutions, the Responsible Entity is entitled to receive monthly management fees which are expressed as a percentage of the total assets of each Fund (i.e. excluding liabilities). Management fees are paid directly by the Funds. The table below shows the current fee rates charged. Where monies are invested into other funds managed by the Responsible Entity the management fees are calculated after rebating fees charged in the underlying funds. As a consequence, the amounts shown in the Statements of Comprehensive Income reflect only the amount of fees charged directly to the respective Funds. The management fees rate charged for the current and comparative reporting periods are as follows: Name of Fund: 2013 2012 Management Management Fees Fees % % FirstChoice Wholesale Moderate 0.95 0.95 FirstChoice Wholesale Fixed Interest 0.75 0.75 FirstChoice Wholesale Property Securities 0.90 0.90 FirstChoice Wholesale Global Property Securities 1.20 1.20 FirstChoice Wholesale Global Infrastructure Securities 1.20 1.20 FirstChoice Wholesale Australian Share 1.00 1.00 FirstChoice Wholesale Lower Volatility Australian Share 1.20 1.20 FirstChoice Wholesale Australian Small Companies 1.30 1.30 FirstChoice Wholesale Global Share 1.20 1.20 FirstChoice Wholesale Asian Share 1.50 1.50 FirstChoice Wholesale Emerging Markets 1.50 1.50 Colonial First State Wholesale Conservative 0.75 0.75 Perpetual Wholesale Conservative Growth 1.15 1.15 BT Wholesale Active Balanced 1.15 1.15 Colonial First State Wholesale Diversified 0.95 0.95 Perpetual Wholesale Balanced Growth 1.20 1.20 Colonial First State Wholesale Diversified Fixed Interest 0.55 0.55 Colonial First State Wholesale Global Credit Income 0.60 0.60 Acadian Wholesale Quant Yield 0.60 0.60 Colonial First State Wholesale Enhanced Yield 0.50 0.50 Goldman Sachs Wholesale Income Plus 0.95 0.95 FirstChoice Wholesale Multi-Index Balanced 0.68 0.68 Colonial First State Wholesale Cash 0.40 0.40 In addition to the management fee stated above a performance fee may also be payable for certain Funds. Performance fees are payable if the Funds' performance outperform a specified benchmark. The performance fee is normally in the region of 10-25% as a percentage of the total assets of each Fund. Performance fees charged for the reporting periods are disclosed below. Refer to the Product Disclosure Statement/Information Memorandum for more details. The actual management fee rate charged for global investing Funds are lower than those disclosed above. This is due to these Funds being entitled to claim 100% of the Good and Services Tax ("GST") as compared to 75% for domestic investing Funds. Page 175
COLONIAL FIRST STATE - FIRSTCHOICE WHOLESALE INVESTMENT FUNDS 8. RELATED PARTIES DISCLOSURES (continued) NOTES TO THE FINANCIAL STATEMENTS FOR THE REPORTING PERIOD ENDED 30 JUNE 2013 The Responsible Entity's management fees charged/(refunded) for the reporting periods are as follows: Name of Fund: 1/07/2012 - 1/07/2011 - 30/06/2013 30/06/2012 $ $ FirstChoice Wholesale Moderate 1,850,719 1,657,877 FirstChoice Wholesale Fixed Interest 9,941,019 9,496,464 FirstChoice Wholesale Property Securities 711,617 623,600 FirstChoice Wholesale Global Property Securities 962,439 858,262 FirstChoice Wholesale Global Infrastructure Securities 1,758,882 1,525,655 FirstChoice Wholesale Australian Share (1,905,906) (1,757,909) FirstChoice Wholesale Lower Volatility Australian Share 471,506 532,267 FirstChoice Wholesale Australian Small Companies (123,821) (94,933) FirstChoice Wholesale Global Share 1,340,940 1,231,088 FirstChoice Wholesale Asian Share 2,790 (7,941) FirstChoice Wholesale Emerging Markets 1,631,509 1,420,525 Colonial First State Wholesale Conservative 1,089,105 1,125,107 Perpetual Wholesale Conservative Growth 841,851 963,611 BT Wholesale Active Balanced 415,505 439,728 Colonial First State Wholesale Diversified 591,742 935,499 Perpetual Wholesale Balanced Growth 575,834 846,170 Colonial First State Wholesale Diversified Fixed Interest 2,192,848 1,330,133 Colonial First State Wholesale Global Credit Income 21,386,330 23,604,073 Acadian Wholesale Quant Yield 755,758 375,838 Colonial First State Wholesale Enhanced Yield 2,023,461 2,330,415 Goldman Sachs Wholesale Income Plus 154,720 129,261 FirstChoice Wholesale Multi-Index Balanced 3,317,187 2,013,530 Colonial First State Wholesale Cash 17,779,328 26,725,859 The Responsible Entity's performance fees charged/(refunded) for the reporting periods are as follows: Name of Fund: 1/07/2012 - 1/07/2011 - 30/06/2013 30/06/2012 $ $ FirstChoice Wholesale Moderate - - FirstChoice Wholesale Fixed Interest - - FirstChoice Wholesale Property Securities - - FirstChoice Wholesale Global Property Securities - - FirstChoice Wholesale Global Infrastructure Securities - - FirstChoice Wholesale Australian Share - - FirstChoice Wholesale Lower Volatility Australian Share - - FirstChoice Wholesale Australian Small Companies - - FirstChoice Wholesale Global Share - - FirstChoice Wholesale Asian Share - - FirstChoice Wholesale Emerging Markets - - Colonial First State Wholesale Conservative - - Page 176
Page 1 and 2:
FirstChoice Wholesale Investments 2
Page 3 and 4:
COLONIAL FIRST STATE - FIRSTCHOICE
Page 5 and 6:
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
3. INTEREST INCOME COLONIAL FIRST S
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130: COLONIAL FIRST STATE - FIRSTCHOICE
Page 179: COLONIAL FIRST STATE - FIRSTCHOICE
Page 231 and 232:
Page 233 and 234:
Page 235 and 236:
Page 237 and 238:
Page 239 and 240:
Page 241 and 242:
Page 243 and 244:
Page 245 and 246:
Page 247 and 248:
Page 249 and 250:
Page 251 and 252:
Page 253 and 254:
Page 255 and 256:
Page 257 and 258:
Page 259 and 260:
Page 261 and 262:
Page 263 and 264:
Page 265 and 266:
Page 267 and 268:
Page 269 and 270:
Page 271 and 272:
Page 273 and 274:
Page 275 and 276:
Page 277 and 278:
Page 279 and 280:
Page 281 and 282:
Page 283 and 284:
Page 285 and 286:
Page 287 and 288:
Page 289 and 290:
Page 291 and 292:
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
Page 299 and 300:
Page 301 and 302:
Page 303 and 304:
Page 305 and 306:
Page 307 and 308:
Page 309 and 310:
Page 311 and 312:
Page 313 and 314:
Page 315 and 316:
Page 317 and 318:
Page 319 and 320:
Page 321 and 322:
Page 323 and 324:
Page 325 and 326:
Page 327 and 328:
Page 329 and 330:
Page 331 and 332:
Page 333 and 334:
Page 335 and 336:
Page 337 and 338:
Page 339 and 340:
Page 341 and 342:
Page 343 and 344:
Page 345 and 346:
Page 347 and 348:
Page 349 and 350:
Page 351 and 352:
Page 353 and 354:
Page 355 and 356:
Page 357 and 358:
Page 359 and 360:
Page 361 and 362:
Page 363 and 364:
Page 365 and 366:
Page 367 and 368:
Page 369 and 370:
pwc Directors' responsibility for t
Page 372:
Enquiries Investor Services: 13 13
show all

FirstChoice Wholesale Investments part 2 - Colonial First State

Create successful ePaper yourself

Delete template?

Save as template?