Investment Philosophy of Milliman
Learn about Milliman Australia's investment philosophy and process.
Milliman Managed Risk Australian Share
Overview
The Milliman Managed Risk Australian Share Fund (the Fund) offers investors access to long-term capital growth through exposure to equity markets, while simultaneously providing downside protection against market volatility. The Fund uses futures to hedge assets that act independently of the underlying portfolio to help foster growth in up markets while defending against losses in down markets.
Proven track record
Strategies refined through several market cycles.
A trusted name
Provides investment advisory, hedging and consulting services on USD $153 billion in global assets.
Local expertise
Over 150 professionals in three trading platforms providing 24/5 monitoring and execution of risk management strategies.
FUND FACTS
Investment objective: To provide returns similar to the S&P/ASX 200 Accumulation Index, but with lower absolute volatility and superior downside protection, over the longer term.
Inception |
Style |
Distribution |
Holdings |
Investment horizon |
| 18 May 2015 | Passive Australian equity exposure with Managed Risk (Volatility and Capital Protection) | Quarterly | Two primary holdings (an underlying equities fund and a hedge account) | Long term i.e. at least 7 years |
| Volatility target | Cash limit | Management fee1 | Minimum investment | APIR code |
| 17% p.a. | 0-70% | 0.50% p.a. (Class A) 0.65% p.a. (Wholesale Class) |
$25,000 (Class A) $5,000 (Wholesale Class) |
FSF1761AU (Class A) FSF1699AU (Wholesale Class) |
1Please refer to the Product Disclosure Statement (PDS) for further details on fees and other costs that may apply.
Resources
Performance Reports
Product Collateral
Additional Information
VIDEO
Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (Colonial First State) is the issuer of the FirstChoice range of super and pension products from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557. Colonial First State also issues interests in products made available under FirstChoice Investments and FirstChoice Wholesale Investments. This is based on the understanding of current regulatory requirements and laws as at the date of publication. While all care has been taken in the preparation of this document (using sources believed to be reliable and accurate), to the maximum extent permitted by law, no person including Colonial First State or any member of the Commonwealth Bank group of companies, accepts responsibility for any loss suffered by any person arising from reliance on this information. This information for the adviser only and is not to be handed on to any investor. It does not take into account any person’s individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) before making any recommendations to a client. Clients should read the PDS and FSG before making an investment decision and consider talking to a financial adviser. The PDS and FSG can be obtained from colonialfirststate.com.au or by calling us on 13 18 36.
From time to time, Colonial First State enters into alliance partnerships with dedicated and experienced investment specialists. Each alliance represents an agreement for Colonial First State to provide third party distribution services within the Australian Financial Services intermediary market.