The CFS Investments team has made some adjustments to the asset allocation of the CFS Thrive+ Sustainable Growth option with the aim of improving investor outcomes.
The change involves increasing the allocation to Insurance Linked Strategies, within the global fixed interest asset class. This is funded by switching a portion of the existing global and Australian fixed interest allocations.
This has a corresponding change to the composite benchmark, as follows:
Cash
Bloomberg AusBond Bank Bill Index
1.0%
No change
Australian Fixed interest
Bloomberg AusBond Composite 0+Yr Index
11.0%
8.0%
Global Fixed interest
Bloomberg Global Aggregate Index (AUD hedged)
3.0%
2.0%
Insurance Linked Strategies
Bloomberg Global Aggregate Corporate Index (AUD hedged)
3.0%
7.0%
Global shares hedged
MSCI World ex Australia Net Index Hedged AUD
18.0%
No change
Global shares and private equity
MSCI World ex Australia Net Index
23.0%
No change
Emerging markets
MSCI Emerging Markets Index
5.0%
No change
Australian shares
S&P/ASX 300 Accumulation Index
28.0%
No change
Direct Property
MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index – NAV-Weighted Post-Fee Total Return (All Funds)
4.0%
No change
Unlisted Infrastructure
MSCI Australia Quarterly Private Infrastructure Index (Unfrozen) - Post-fee Total Return (50th Percentile)
4.0%
No change
You should read this Update in conjunction with the:
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For more information about these changes, please refer to the relevant PDS, speak to a financial adviser if you have one, or call us on 13 13 36, 8:30am to 6pm Monday to Friday Sydney time.
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Disclaimer
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.