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CFS Global Sustainable

Discussion in 'Managed Funds & Index Funds' started by archangelsupreme, 8th Oct, 2007.

  1. archangelsupreme

    archangelsupreme Well-Known Member

    Joined:
    7th Sep, 2007
    Posts:
    206
    Location:
    Australia
    Hello all,

    This fund has been promoted by Colonial recently...i've seen posters on tram and bus shelters.

    Looking at its performance for the past two quarters it has performed pretty unspectacularlyl...negative in first quarter and only starting to go positive this quarter.

    Is it a wise choice to invest in this now, since it's still early days and the unit price (buyin) is still low. It started at $1 but has been tracking below it ever since.

    It could well improve and become a strong fund like the Perpetual Ethical SRi (BTW is this a comparable fund to the Colonial one?).
     
  2. DaveA

    DaveA Well-Known Member

    Joined:
    19th Feb, 2007
    Posts:
    617
    Location:
    Sydney, NSW
    i reckon ull get slugged with fees for this...

    the advertising budget must be huge, let alone the retainer they must be paying al gore for the use of his name....

    i doubt it will live up to expections but this is not a recommendation nor a bashing
     
  3. crc_error

    crc_error The Rule of 72

    Joined:
    1st May, 2007
    Posts:
    1,367
    Location:
    Melbourne, VIC
    No one here is going to tell you what to do.. You need to read the PDF and decide if what they are investing into will yield results in the future.

    Any investment like this should be a 5 year plus investment.. so watching the price movement month to month isn't really a wise thing to do.
     
  4. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    Personally I'm reluctant to invest in a fund that is yet to be proven ... for anything other than an index fund (which one would assume they can match their index correctly !!) ... you'd want to make sure that the fund manager can actually produce what they say they will.

    I aim for a minimum 3 years performance history ... even though this doesn't reflect future performance, it at least proves past performance - and you can compare this with other funds.