FirstChoice Wholesale Investments - Colonial First State
FirstChoice Wholesale Investments - Colonial First State
FirstChoice Wholesale Investments - Colonial First State
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
COLONIAL FIRST STATE - FIRSTCHOICE WHOLESALE INVESTMENT FUNDS8. RELATED PARTIES DISCLOSURES (continued)NOTES TO THE FINANCIAL STATEMENTSFOR THE PERIOD ENDED 30 JUNE 2011(f)Related Party TransactionsRelated partiesTransactions between the Funds and other registered Funds also managed by the Responsible Entity consisted of thesale of units in the Funds to related Managed Investment Schemes, purchases of units in related Managed InvestmentSchemes, and receipt and payment of distributions on normal commercial terms and conditions.The amounts outstanding payable or receivable at period end represent the value of the units (financial liability of theSchemes) issued or held and any amount of interest expense payable or receivable.Terms and conditions of transactions with related partiesAll related party transactions are made in arms length transactions on normal commercial terms and conditions.Outstanding balances at period end are unsecured and settlement occurs in cash.There have been no guarantees provided or received for any related party receivables.(g)(i)Investing ActivitiesManaged investment schemesThe following Funds held investments in the following schemes which were managed by <strong>Colonial</strong> <strong>First</strong> <strong>State</strong><strong>Investments</strong> Limited. Distributions received are immediately reinvested into additional units.Investment Units Held at Value of Interest held Units Acquired Units Disposed DistributionName Period End Investment at in Investment During Period During Period ReceivedPeriod End at Period EndNo.'000 $'000 % No.'000 No.'000 $'000<strong><strong>First</strong>Choice</strong> <strong>Wholesale</strong> DefensiveUnits held inCommonwealth Multi-Manager Australian Share Fund- 2011 9,725 9,996 0.20 1,576 893 397- 2010 9,042 8,841 0.19 1,426 1,367 3,448Units held inCommonwealth Multi-Manager Fixed Interest Fund- 2011 210,035 200,100 3.83 31,744 6,723 18,179- 2010 185,014 181,425 3.97 20,164 7,475 11,977Units held inCommonwealth Multi-Manager Global Shares Fund- 2011 11,068 6,707 0.21 1,643 306 40- 2010 9,731 5,807 0.20 876 - 56Page 89
Change language