Termination of investment options
Following a recent review and due to limited take-up and after much consideration, Colonial First State, as responsible entity has decided to terminate a number options at 3pm on 25 February 2020.
Investment product members - We expect the winding up of the options to be completed on 25 March 2020. We will pay the net value of investments and income derived (as at the date of completion of wind up) into their nominated bank account.
Super and Pension members – We expect the winding up of the options to be completed on 25 March 2020. We will pay the net value of investments into the Colonial First State (CFS) Strategic Cash option.
We will not process any applications, switches or redemption requests received after 3pm on 25 February 2020. If we receive an application, we’ll be unable to process it and will return the money.
The table below details the options to be terminated:
| Investment option name | Legal Name | Product | APIR Code |
|---|---|---|---|
| Acadian Defensive Income | FirstChoice Investments |
FSF0726AU | |
| AZ Sestante Growth | Colonial First State - FirstChoice Investments - Specialist Fund 19 |
FirstChoice Investments |
FSF8840AU |
| Acadian Wholesale Australian Managed Volatility Equity |
Commonwealth Australian Shares Fund 35
Colonial First State - FirstChoice Investments - Australian Shares 35 Colonial First State Investment Fund 23 |
FirstChoice Wholesale Personal Super FirstChoice Personal Super FirstChoice Wholesale Pension FirstChoice Pension FirstChoice Wholesale Investments FirstChoice Investments
Wholesale Mezzanine (Class A) |
FSF6568AU
FSF4556AU
FSF7618AU
FSF9516AU FSF8425AU
FSF4859AU FSF9952AU |
| Colonial First State Multi-Asset Real Return |
Colonial First State - FirstChoice Wholesale Investments - Multi-Sector Fund 1 |
FirstChoice Wholesale Personal Super FirstChoice Personal Super FirstChoice Wholesale Pension FirstChoice Pension FirstChoice Wholesale Investments |
FSF1633AU
FSF1623AU
FSF1628AU
FSF1618AU FSF1612AU |
| Colonial First State FirstChoice Multi-Index Growth | Commonwealth Diversified Fund 11 | Wholesale Mezzanine (Class A) | FSF6788AU |
We’re here to help
If you would like more information regarding the termination of these options, please speak to your financial adviser or call us on 13 13 36, Monday to Friday, 8am to 7pm, Sydney time.
Disclaimer
Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (Colonial First State) is the issuer of FirstChoice Personal Super, FirstChoice Wholesale Personal Super, FirstChoice Pension, FirstChoice Wholesale Pension, FirstChoice Employer Super offered 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. Colonial First State is a wholly owned subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries do not guarantee the performance of FirstChoice or the repayment of capital by FirstChoice. This document may include general advice but does not take into account your individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) carefully, assess whether the information is appropriate for you, and consider talking to a financial adviser before making an investment decision. The PDS and FSG can be obtained from colonialfirststate.com.au or by calling us on 13 13 36.