| Fund name | Investment | Personal Super | Retirement Pension | Pre-Retirement Pension |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total management cost | Total Investment & admin fee + | ICR = | Total cost of product | Total Investment & admin fee + | ICR = | Total cost of product | Available in TTR? |
Total Investment & admin fee + | ICR = | Total cost of product | |
| Colonial First State Wholesale Index Conservative |
0.31% | 0.34% | 0.11% | 0.45% | 0.34% | 0.11% | 0.45% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Diversified | 0.31% | 0.34% | 0.16% | 0.50% | 0.34% | 0.17% | 0.51% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Moderate | 0.31% | 0.34% | 0.01% | 0.35% | 0.33% | 0.01% | 0.34% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Balanced | 0.31% | 0.34% | 0.01% | 0.35% | 0.34% | 0.01% | 0.35% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Growth | 0.31% | 0.34% | 0.21% | 0.55% | 0.34% | 0.21% | 0.55% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index High Growth | 0.31% | 0.33% | 0.01% | 0.34% | 0.34% | 0.01% | 0.35% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Australian Bond | 0.31% | 0.34% | 0.00% | 0.34% | 0.35% | 0.00% | 0.34% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Global Bond | 0.31% | 0.35% |
0.08% | 0.43% | 0.34% | 0.08% | 0.43% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Australian Share | 0.31% | 0.34% | 0.00% | 0.34% | 0.34% | 0.00% | 0.34% | Y | 0.34% | 0.00% | 0.34% |
| Colonial First State Wholesale Index Global Share | 0.31% | 0.35% | 0.00% | 0.35% | 0.35% | 0.00% | 0.35% | Y | 0.35% | 0.00% | 0.35% |
| Colonial First State Wholesale Index Global Share – Hedged | 0.33% | 0.36% | 0.05% | 0.41% | 0.36% | 0.05% | 0.41% | Y | 0.36% | 0.05% | 0.41% |
| Colonial First State Wholesale Index Property Securities | 0.31% | 0.34% | 0.00% | 0.34% | 0.34% | 0.00% | 0.34% | Y | 0.34% | 0.00% | 0.34% |
| Colonial First State Wholesale Index Global Property Securities | 0.32% | 0.35% | 0.05% | 0.40% | 0.35% | 0.05% | 0.40% | N | N/A | N/A | N/A |
| Colonial First State Wholesale Index Global Listed Infrastructure Securities |
0.32% | 0.35% | 0.05% | 0.40% | 0.35% | 0.05% | 0.40% | N | N/A | N/A | N/A |
We offer a wide range of low-cost index options that can give your clients access to investment opportunities across the world. Our diverse range of index options covers almost every industry sector and asset class. Start building your client portfolios with some of the lowest index option rates being offered in Australia.
What's your client's total portfolio fee?
We’ve compared the total portfolio fees of our CFS Index Balanced, Australian Share and Global Share options to other major retail providers and we’re confident that FirstChoice Wholesale offers some of the lowest index fund rates in Australia.
See how CFS Index Balanced stacks up.
Graph 1: Please refer to the bottom of this page for competitors used, important information and assumptions that have been made for this comparison.
How higher fees can affect your client’s account balance over time
Our simple, low total portfolio fee for our CFS Index options means clients can have more of their money invested over time.
For our CFS Index Series options in FirstChoice, your clients pay just one flat, low fee - this includes both the Investment fee and Administration fee. No additional dollar-based fees apply.
To show you how our low-cost fee structure can benefit your clients over time, we've compared the cost of investing in the CFS Index Balanced option in FirstChoice Wholesale Personal Super - just 0.34% pa1 - with the cost of investing in a higher cost portfolio, with a fee of 0.90% pa.
Graph 2: Please refer to the bottom of this page for important and assumptions that have been made for this graph.
WHY CHOOSE CFS INDEX OPTIONS FOR YOUR CLIENTS
14 INDEX OPTIONS AVAILABLE - AND MORE TO COME!
HELPING YOUR CLIENTS UNDERSTAND INDEX INVESTING
1Indirect Cost Ratio not included.
Graph 1: Important information and assumptions - Retail super fund fee comparison - Balanced Index Options
- The fees shown above are total fees including administration and investment fees for the lowest cost Balanced Index investment option available on each platform in the comparison set. Fees assume nil balance in the Cash Account for wrap products.
- Fees are at 30 June 2021 and are gross of income tax of 15%. Transaction fees have not been included in the comparison - these fees apply in HUB24. Indirect cost ratios have not been included in the comparison.
- This comparison includes Colonial First State FirstChoice Wholesale Personal Super (CFS Wholesale Index Balanced), AMP Flexible Super Core (Super Easy Balanced), AMP Flexible Lifetime Personal Super (AMP Balanced Index), AMP MyNorth Super (MyNorth Index Balanced), BT Panorama Compact (BT Indexed Balanced Portfolio), HUB24 Super Core (Sestante Balanced Index Portfolio), HUB24 Super Choice (Vanguard Growth Index), Macquarie Super Manager II (Vanguard Growth Index), MLC MasterKey Super Fundamentals (MLC Index Plus Balanced), MLC Wrap Super Series 2 Core (MLC Wholesale Index Plus Balanced Portfolio), MLC Wrap Super Series 2 Full (Vanguard Growth Index), Netwealth Accelerator Core (GSS Growth Index Model) and OnePath OneAnswer Frontier Super (OnePath Growth Index).
- CFS FirstChoice Wholesale Personal Super has the lowest total cost for a Balanced Index option in this comparison set of retail products and their respective Balanced Index options.
- Balanced options include investment options with 61-80% in growth assets.
Disclaimer: © Zenith CW Pty Ltd ABN 20 639 121 403 (Chant West), Authorised Representative of Zenith Investment Partners Pty Ltd ABN 27 103 132 672, AFSL 226872 under AFS Representative Number 1280401, 2021. The data provided by Chant West is based on information supplied by third parties and does not contain all the information required to evaluate the nominated service providers, you are responsible for obtaining further information as required. Data is provided in good faith and is believed to be accurate, however, no representation, warranty or undertaking in relation to the accuracy or completeness of the data is provided. Fees may change in the future which may affect the outcome of the fee comparison. Data provided is subject to copyright and may not be reproduced, modified or distributed without the consent of the copyright owner. Except for any liability which can not be excluded, Chant West does not accept any liability whether direct or indirect, arising from use of this data.
Graph 2: Important information and assumptions - How higher fees can affect your client's account balance over time
This comparison is intended for illustrative purposes only. The projected amounts are shown in today's dollars, are hypothetical in nature and use the following assumptions and methodology to estimate the super balance over time based on total portfolio fees. The actual money a client has in their account may be very different to this estimate. Although the assumptions are considered reasonable by us, we provide no guarantee in relation to any projected values estimated. These projections assume a 7% annual investment rate of return, and do not reflect actual investment results and are not guarantees of future results. Fees will impact your client’s portfolio even during periods of negative market performance. It is important to note that there may be other fees that may impact your client’s superannuation balance such as adviser service fees deducted from your client’s account. Also, there may be (indirect) fees or costs that are taken into account in the calculation of investment returns. These fees are assumed to be taken into account in the investment return. The chart assumes no contributions, rollovers, other deposits or transactions and is not representative of any actual investment, product, or fee structure. No considerations have been made with respect to tax implications. We have used a flat fee of 0.90% p.a. to represent a hypothetical competitor retail index offering. This is approximately equivalent to the fee of the median super fund used in graph 1 at an account balance of $50,000.
Adviser use only
This information has been prepared by Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) based on its 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 CFSIL 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 is for the adviser only and should not be handed on to any investor. It does not take into account any person’s individual objectives, financial situation or needs. The Target Market Determinations (TMD) for our financial products can be found at www.cfs.com.au/tmd and include a description of who a financial product is appropriate for. 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 www.cfs.com.au or by calling us on 13 18 36.