Celeste Funds Management have informed CFS that they will withdraw their investment management services for the Celeste Australian Small Companies investment option. The option is available through:
FirstChoice Wholesale Investments
Celeste Australian Small Companies
FSF0715AU
FirstChoice Wholesale Personal Super
Celeste Australian Small Companies
FSF0778AU
FirstChoice Wholesale Pension
Celeste Australian Small Companies
FSF0765AU
FirstChoice Investments
Celeste Australian Small Companies
FSF0729AU
CFS has selected a well-credentialled replacement investment manager with a strong track record and research house ratings.
The CFS Investments team will also make changes to the underlying manager allocations of the CFS Australian Small Companies investment option.
CFS will be able to announce the new manager as part of the upcoming FirstChoice disclosure changes on 24 May 2025.
Celeste has committed to continuing to manage the funds in an orderly and prudent manner until the transition is complete.
CFS will continue to monitor the management of the portfolios closely.
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Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557 and issuer of FirstChoice range of super and pension products. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the responsible entity and issuer of products made available under FirstChoice Investments and FirstChoice Wholesale Investments.
Information on this webpage is provided by AIL and CFSIL. It may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You can find the target market determinations (TMD) for our financial products at https://www.cfs.com.au/tmd which include a description of who a financial product might suit. 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. You can get the PDS and FSG at www.cfs.com.au or by calling us on 13 13 36.