THIS SITE IS INTENDED FOR ADVISER USE ONLY

By clicking through to the Investments or Platforms site below you confirm that you are a licensed adviser operating under an Australian Financial Services License.

More choice opens up a world of opportunities

More choice opens up a world of opportunities

 

We’re committed to positive change and investing in the things that matter most to you and your clients. We've added a range of new investment options to FirstChoice so you can build the portfolios that your clients want.

New geared share index options

We’ve added to our wide suite of popular low-cost index options with two new geared share index options to help you lower the cost of investing for your clients.

Australian Share

Global Share

Find out more about geared index investing on FirstChoice

Transition-to-Retirement menu

You’ve told us that you want more investment choice to construct portfolios for your clients that are better suited to their investment needs and objectives in the pre-retirement phase. We’ve expanded our FirstChoice Transition-To-Retirement menu by making 47 more options available including:

  • Colonial First State Index Series
    Colonial First State Wholesale TTR Index Conservative
    Colonial First State Wholesale TTR Index Diversified
    Colonial First State Wholesale TTR Index Moderate
    Colonial First State Wholesale TTR Index Balanced
    Colonial First State Wholesale TTR Index Growth
    Colonial First State Wholesale TTR Index High Growth
    Colonial First State Wholesale TTR Index Australian Bond
    Colonial First State Wholesale TTR Index Global Bond
    Colonial First State Wholesale TTR Index Global Property Securities
    Colonial First State Wholesale TTR Index Global Global Listed Infrastructure Securities
  • Single manager single sector options
    Investment category Investment option
    Short duration fixed interest First Sentier Wholesale TTR Global Credit Income
      Franklin Wholesale TTR Australian Absolute Return Bond
    Diversified fixed interest Brandywine Wholesale TTR Global Income Optimiser
      Colchester Wholesale TTR Global Government Bond
      First Sentier Wholesale TTR Diversified Fixed Interest
      PIMCO Wholesale TTR Diversified Fixed Interest
    Australian fixed interest First Sentier Wholesale TTR Australian Bond
      Pendal Wholesale TTR Sustainable Australian Fixed Interest
    Lower volatility share Acadian Wholesale TTR Global Managed Volatility Equity
      State Street Wholesale TTR Australian Equity
    Australian share Alphinity Wholesale TTR Sustainable Share
      Ausbil Wholesale TTR Australian Active Equity
      First Sentier Wholesale TTR Concentrated Australian Share
      First Sentier Wholesale TTR Imputation
      Pendal Wholesale TTR Australian Share
      Perennial Value Wholesale TTR Australian Share
      Perpetual Wholesale TTR Australian Share
      Perpetual Wholesale TTR Industrial Share
      T. Rowe Price Wholesale TTR Australian Equity
    Australian share - small companies First Sentier Wholesale TTR Australian Small Companies
    Global share Baillie Gifford Wholesale TTR Long Term Global Growth
      Ironbark Royal London Wholesale TTR Concentrated Global Share
      Realindex Wholesale TTR Global Share – Hedged
      T. Rowe Price Wholesale TTR Global Equity – Hedged
    Global share - emerging markets Pendal Wholesale TTR Global Emerging Market Opportunities
    Global property and infrastructure securities First Sentier Wholesale TTR Global Property Securities
      FirstChoice Wholesale TTR Global Infrastructure Securities
      Resolution Capital Wholesale TTR Global Property Securities
  • Multi-sector options
    Conservative AZ Sestante Wholesale TTR Conservative
      First Sentier Wholesale TTR Conservative
      Perpetual Wholesale TTR Conservative Growth
    Moderate First Sentier Wholesale TTR Balanced
      Perpetual Wholesale TTR Diversified Growth
    Growth First Sentier Wholesale TTR Diversified
      Perpetual Wholesale TTR Balanced Growth
      Perpetual Wholesale TTR Diversified Real Return
      AZ Sestante Wholesale TTR Growth

Environmental, social and Governance (ESG) investing options

We’ve provided investors more choice to enable them to construct a balanced ESG portfolio by adding options that incorporate ethical and sustainability considerations as part of the portfolio construction process.

Pendal Wholesale Sustainable Australian Fixed Interest NEW

  • The option aims to provide a return (before fees, costs and taxes) that exceeds the Bloomberg AusBond Composite 0+ Yr Index by 0.75% p.a. over rolling three year periods. The option offers an active tilt to impact bonds (green/climate, social & sustainability) to support positive societal and/or environmental outcomes (including advancement of United Nations Sustainable Development Goals).

  • The option offers investors access to a diversified portfolio of fixed interest securities and seeks exposure to issuers that demonstrate leading environmental, social and corporate governance (ESG) and ethical practices while avoiding exposure to issuers with activities that we consider to negatively impact the environment or society. The option will not invest in companies or issuers directly involved in either of the production of tobacco or the manufacture of controversial weapons. The option will also not invest in issuers directly involved in any of the following activities, where such activities account for 10% or more of an issuer’s total revenue; the production of alcohol, manufacture or provision of gaming facilities, manufacture of non-controversial weapons or armaments, manufacture or distribution of pornography, direct mining of uranium for the purpose of weapons manufacturing, extraction of thermal coal and oil sands production. Pendal’s investment process for fixed interest aims to add value through multiple alpha strategies including duration, yield curve, sector allocation and security selection. Pendal’s process draws on quantitative and technical models in tandem with a qualitative fundamental overlay to generate excess returns. The investment process comprises of three main steps: macro inputs, credit/government research and portfolio construction. The macro input stage uses a combination of quantitative, qualitative and technical analysis. This drives the top down view on yields (duration/yield curve), credit spread direction and sector allocations. The credit and government research process incorporates fundamental issuer analysis, quantitative issuer modelling, ESG research and valuations to identify investment opportunities whilst avoiding deteriorating credits. The portfolio construction stage combines the macro inputs and the bottom up credit research arrived at during the investment process.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Pendal Wholesale Sustainable Balanced (replacing Pendal Active Balanced)

  • The option aims to provide a return (before fees and expenses) that exceeds the option’s composite benchmark over rolling three year periods.

  • Sustainable and ethical investment practices are incorporated into the Australian and international shares, Australian fixed interest and Alternative investments components of the option. All other investments by the option are not assessed for sustainable and ethical investment practices. Pendal actively seeks exposure to securities and industries that demonstrate leading environmental, social and corporate governance (ESG) and ethical practices while avoiding exposure to companies with activities or behaviour it considers to negatively impact the environment or society. Pendal actively engages with the management of the companies and issuers they invest in to manage risk, effect change and realise potential value over the long term. The option will not invest in companies or issuers directly involved in either of the production of tobacco or the manufacture of controversial weapons. The option’s allocation that is assessed for sustainable and ethical investment practices will also not invest in companies or issuers directly involved in any of the following activities, where such activities account for 10% or more of a company’s or issuer’s total revenue; the production of alcohol, manufacture or provision of gaming facilities, manufacture of non-controversial weapons or armaments, manufacture or distribution of pornography, direct mining of uranium for the purpose of weapons manufacturing or extraction of thermal coal and oil sands production. The option may hedge a portion of its currency exposure. The option may use derivatives to achieve its investment objective and to gain exposure to assets and markets. Derivatives may also be used to reduce risk and can act as a hedge against adverse movements in a particular market and/or in the underlying assets.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments
    • FirstChoice Investments

Ausbil Wholesale Active Sustainable Equity (replacing Blackrock Wholesale Advantage Australian Equity)

  • The option aims to achieve returns (before fees and taxes) in excess of the S&P/ASX 200 Accumulation Index over rolling three-year periods by primarily investing in listed Australian companies which meet Ausbil’s sustainable approach to investing.

  • Ausbil’s Active investment process aims to exploit the inefficiencies across the market, at all stages of the cycle across all market conditions, with the aim of producing consistent and risk-controlled outperformance. The option’s investable universe is refined to remove companies subject to long-term earnings sustainability risk including companies with material direct exposure or a significant indirect exposure to; the production or distribution of alcohol, gambling, pornography; the distribution of tobacco; the production or distribution of weapons & armaments; the mining of uranium; and the exploration, mining and/or distribution of fossil fuels, such as oil, gas, oil sands and coal. Furthermore, the universe is refined to remove companies with a direct exposure to the production of tobacco and tobacco-based products; and the production of controversial weapon & armaments. The option may invest up to 10% in exchange traded derivatives primarily to manage risk of the option. Derivatives are not used speculatively or for the purpose of gearing the option.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments
    • FirstChoice Investments

CFS commitment to net zero 2050                                                                                                                                                       

Commitment to drive out modern slavery                                                                                                                                                 

Fully divested from tobacco producers and controversial weapons products since 2020                                                                              

Significant investment opportunities in clean technologies and green infrastructure needed for the future economy

Benchmark unaware fixed interest options

New options to help manage defensive allocations through inflationary periods or reversals in the interest rate cycle.

  • Greater opportunity set to generate alpha and income.
  • Management of duration risk.
  • Lower correlation to equities.

PIMCO Wholesale Diversified Fixed Interest NEW

  • To achieve maximum total return by investing in underlying funds that invest in Australian and overseas bonds, and to seek to preserve capital through prudent investment management. The option aims to outperform the composite benchmark (Bloomberg AusBond Composite 0+Yr Index (50%) and Bloomberg Global Aggregate Index, hedged to Australian dollars (50%)), over rolling three-year periods before fees and taxes.

  • In pursuing the option’s investment objective, PIMCO applies a wide range of diverse strategies including duration analysis, credit analysis, relative value analysis, sector allocation and rotation and individual security selection. PIMCO’s investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in duration or maturity with a view to creating a steady stream of returns. PIMCO’s portfolio construction and risk management efforts are designed to position the portfolio with exposure to a series of moderate risks, ensuring that no single trade idea or risk factor overwhelms the portfolio. Given its dynamic approach to active management, as well as its large size in certain cash markets, PIMCO may use derivatives to implement its trade ideas. The option may invest in derivatives to gain or reduce exposure to relevant markets and to manage investment risk. The option aims to hedge currency risk.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Colchester Wholesale Global Government Bond1 NEW

  • The option aims to generate income and increase the amount invested by investing in a globally diversified portfolio of government bonds and currencies. The option aims to outperform the FTSE World Government Bond Index hedged to AUD (before fees, costs and taxes) over rolling five-year periods.

  • The option invests in bonds and currencies of predominately investment grade rated countries. The option uses foreign exchange forwards (including non-deliverable foreign exchange transactions) to manage the currency risk in the portfolio. Colchester believes that both bond and currency markets can be valued in terms of their expected real returns, thereby providing an indication of their relative attractiveness.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Colchester Wholesale Global Government Bond available on FirstChoice Wholesale Investments and FirstChoice Wholesale Personal Super and Pension since November 2020.

Brandywine Wholesale Global Income Optimiser (replacing Franklin Templeton
Wholesale Multisector Bond)
 

  • The option’s investment objective is to seek to generate a high and consistent level of income in all market conditions over a full market cycle with a secondary objective of capital preservation. The option aims to outperform the Bloomberg AusBond Bank Bill index over rolling five year periods, before fees and taxes.

  • The strategy seeks to balance income with the pursuit of total return based on the prevailing market environment. It leverages Brandywine’s fundamental research and top-down macroeconomic analysis. The option aims to provide an attractive and stable income by investing across diverse sources of income in global fixed income markets. It seeks the best global income opportunities, with a strong focus on protecting capital and to limit downside risk by rotating risk across different sectors of the fixed income market and through tactical hedging of credit and interest rate risk. The option may employ a long/short investment strategy, which can generate returns by owning securities that the Brandywine expects will rise in value (long) and at the same time the option can sell (short) securities that are expected to decrease in value. The option will not directly short securities, but instead will hold any short positions exclusively through financial derivative instruments. Using a value-oriented, global investing approach, Brandywine seeks to maximise the option’s income through country, currency, sector, quality and security selection. The option aims to be at least 85% hedged to Australian dollars.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Absolute and Total return options

New options to support retirement income in a low-yield environment and that are useful through volatility and market uncertainty.

Franklin Wholesale Australian Absolute Return Bond NEW

  • The investment objective of the option is to provide investors with access to an actively managed portfolio of fixed income strategies with an aim to deliver returns in excess of the Bloomberg AusBond Bank Bill Index, after fees and expenses (but before taxes), over rolling three-year periods.

  • The option is an actively managed absolute return fixed income portfolio designed to deliver attractive returns through the interest rate and credit cycles while protecting against capital volatility through strong risk management. The option seeks to achieve its investment objective by primarily investing in Australian dollar and non-Australian dollar-denominated fixed income instruments and debt obligations of government, government related issuers (including supranational organisations supported by several national governments) and corporations worldwide. The option seeks to take advantage of fixed income opportunities in domestic markets and select strategies from the broader global universe, as well, including emerging markets.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Perpetual Wholesale Diversified Real Return NEW

  • The option aims to target a pre-tax return of inflation plus 5% per annum (before fees and taxes) above the All Groups Consumer Price Index (CPI) over rolling five-year periods, while minimising downside risk.

  • The option will invest in a diversified range of asset classes. The combination of assets held by the option at any time are those which Perpetual believe provide the greatest probability of achieving the target return over rolling five-year periods. Perpetual may adjust the option’s asset allocation to respond to changing market conditions and/or to take advantage of new opportunities. In managing the option to meet its investment objective, the option may implement a considerable amount of its exposures via derivatives and may include alternative and private market assets. Currency is managed at the option level, taking into account currency exposure arising from underlying investments. Currency management is used to either hedge currency for an existing position or create an exposure to a foreign currency. Net foreign currency exposure will be limited to 50% of the gross asset value of the option.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Dynamically allocate to asset classes or sub sectors as opportunities arise.

Seeks to limit losses in down markets and generate positive absolute returns over time.

Alpha seeking options via sub asset classes

New options to supplement Australian and Global large cap equities allocations with an added source of diversification to a portfolio.

  • Objective: The option aims to outperform the MSCI World SMID Cap Index over rolling three year periods before fees and taxes.

    Strategy: The option will invest in a diversified portfolio of small and mid-capitalization companies domiciled in global developed markets. The investible universe for the strategy will consist of all companies that fall within the bottom 28% of the MSCI World Index at the time of purchase and have a minimum market capitalization of US$1bn.

    Product availability

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments
  • Objective: The option aims to outperform its S&P/ASX Small Ordinaries Accumulation Index over rolling five year periods (after fees and taxes).

    Strategy: The option is an actively managed, style unaware portfolio of small to medium companies. The Eiger team follow a disciplined and proven investment management approach which seeks to identify quality companies that can deliver over the medium term.

    Product availability

    • FirstChoice and FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Wholesale Investments

Expanding regional allocations

A new investment option to supplement emerging and developed market allocations.

  • Concentrated, high conviction investing that seeks undervalued stocks that are expected to generate growth in Asia.
  • Added source of diversification to a portfolio.
     

Fidelity Wholesale Asia NEW

  • To achieve returns in excess of the MSCI All Country Asia (ex-Japan) Index over rolling five year periods, before fees and taxes.

  • The Fidelity Asia option provides investors with the potential for long-term capital growth by investing in companies located in Asia, as well as companies located elsewhere that derive a significant proportion of their earnings from Asia (Asian Shares). Fidelity believes that markets are semi-efficient and share prices don’t always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance. Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth. The companies selected for the portfolio must demonstrate strong management, financial strength and competitive advantages. The option’s exposure to international securities will not be hedged back to Australian dollars. This means that the value of an investment in the option will change not only on the basis of a change in asset values, but also because of movements in exchange rates.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

More choice among core allocations

Addition of best of breed of funds to support core asset class allocations with leading Investment Managers with a proven track record.

Resolution Capital Wholesale Global Property Securities NEW

  • The option’s investment objective is to exceed the total returns of the FTSE EPRA/NAREIT Developed Index (AUD Hedged) after fees over a rolling three year basis. In doing so, the option aims to provide investors with a level of distributable income combined with the potential for long term capital growth sourced from global real estate based revenue streams.

  • The option primarily invests in global listed REITs and real estate securities that derive most of their returns from rental income. The option’s investments provide exposure to a range of underlying real estate from around the world including office buildings, shopping centres, industrial warehouses, residential communities, hotels and healthcare facilities. The option may also have exposure to companies which undertake activities such as real estate development, real estate construction contracting and real estate funds management activities. Resolution Capital believes that optimum risk-adjusted returns can be achieved through a concentrated portfolio of 30 to 60 stocks. In constructing the portfolio, bottom-up stock analysis is combined with the identification of broader investment and direct real estate market themes. Resolution Capital adopts a ‘multiple portfolio manager’ approach for its global portfolio construction. Resolution Capital intends to mitigate currency risk through hedging the capital component of the option’s exposure to global real estate securities and may also hedge currency exposure arising from income receivable from global real estate securities at its discretion.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Hyperion Wholesale Global Growth Companies NEW

  • The option aims to achieve long-term returns above the MSCI World Index over rolling five year periods (before fees and taxes) and minimise the risk of permanent capital loss.

  • The strategy invests primarily in growth-oriented companies listed on recognised global exchanges. Typically, the strategy is highly concentrated with 15-30 stocks. Hyperion’s investment process uses rigorous and in-depth quantitative and qualitative analysis to establish a unique portfolio. Fundamental analysis is central to the research effort, with a particular focus afforded to company-specific and qualitative industry factors.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Tyndall Wholesale Australian Share Income (replacing Nikko Wholesale Australian Share Concentrated)

  • The option aims to provide a tax-effective income stream that exceeds the dividend yield of the S&P/ASX 200 Accumulation Index (grossed up for franking credits) by 2% p.a. over rolling five-year periods, before fees, expenses and tax, plus the potential for capital growth over the long term.

  • The option invests in a diversified portfolio comprising 30-70 Australian shares that aim to grow their dividends and deliver capital growth. The option has a strong emphasis on tax effectiveness, focusing on franked income, off-market share buy backs and minimising share turnover to keep net realised gains low. As an intrinsic value manager, the portfolio managers select stocks that represent good value with a focus on income-generating assets. The option is managed primarily on the basis of expected grossed up dividend yields. Where stocks offer additional potential for capital gains (as measured by the stock's Internal Rate of Return) as well as dividend yield, these may also be selected.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments
    • FirstChoice Investments

T. Rowe Price Wholesale Global Equity – Hedged NEW

  • To provide long-term capital appreciation by investing primarily in a diversified portfolio of companies that have the potential for above average and sustainable rates of earnings growth. The option aims to outperform the MSCI All Country World (ex Australia) Index - Hedged over rolling three year periods before fees and taxes.

  • T. Rowe Price believes that active management, driven by bottom-up fundamental research, can uncover and exploit anomalies among global equities. The team applies a global, high-conviction, and growth-oriented approach, looking for companies with the potential for either growth or relative improvement, located in industries where the outlook is becoming more attractive across developed and emerging markets. The option aims to hedge currency risk.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments

Ironbark Royal London Wholesale Concentrated Global Share (replacing Altrinsic Wholesale Global Equity)

  • The option seeks to outperform the MSCI World Index by 2-3% after fees and taxes, over rolling five year periods through investment in a focused selection of equities on a global basis.

  • The option adopts a high conviction, long-only stock picking approach that invests in listed shares of 10-45 companies around the globe, which aims to: create shareholder wealth as a result of their intentional management strategy and/or business models; identity stocks that are priced at a significant discount to conservative estimates of cash-based, long-term intrinsic value; and demonstrate a reasonable investment ‘margin of safety’ in the analysis of these two attributes. The option aims to be fully invested in global listed shares, however will have exposure to cash. The combination of management strategy, capital allocation, business models, long-term valuation opportunities and an investment ‘margin of safety’ leads to a style that is both valuation and quality focused. The option does not hedge currency risk.

    • FirstChoice Wholesale Personal Super and Pension
    • FirstChoice Personal Super and Pension
    • FirstChoice Wholesale Investments
    • FirstChoice Investments

We're here to help

If you have any questions, please speak with your local Business Development team or call Adviser Services on 13 18 36, 8am to 7pm Monday to Friday Sydney time.

The content displayed on this page is intended for financial advisers only