The strategy. In September 1995, Mark and Fiona were keen to start an investment for their baby daughter, Georgia. They didn’t have a lot of cash to spare, so they decided to use a regular investment plan.
How they did it. Mark and Fiona put $1,000 into the Colonial First State Imputation Fund, then added to their investment with regular contributions of $250 a month, or about $62.50 a week.
The result. On Georgia’s tenth birthday, in September 2005, their investment had grown to a portfolio worth $59,617. Mark and Fiona now had more than $59,000 to fund Georgia’s school fees and university education, giving her the best possible start in life.
Investment funds in action
This graph shows the value of a $1,000 investment in the Colonial First State Imputation Fund, with additional contributions of $250 a month. All fund distributions have been reinvested. Tax implications have not been taken into account. This example is for illustrative purposes only. The names and identifying features do not reflect any particular persons; any resemblance to real persons is coincidental. The fund mentioned on this page is given as an example only; this does not represent a recommendation from CommSec to buy, sell or hold any fund. Past performance is not an indicator of future performance. A Product Disclosure Statement for Colonial First State Imputation Fund issued by Colonial First State Investments Limited ABN 98 002 348 352 is available from www.colonialfirststate.com.au and should be considered before making any decision about the product.
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