From 16 December 2025, Pendal has implemented changes to the investment strategy within the global shares’ allocation of the Pendal Sustainable Balanced investment option. As a result, the composite benchmark used for the investment objective of this option has also been updated.

 

Please refer to the table below for details of the composite benchmark change. 

Previous:
Option name
Composite Benchmark
Option name

Pendal Sustainable Balanced

Composite Benchmark

29% S&P/ASX 200 Total Return Index, 33% MSCI All Country World Index in AUD, 16% Bloomberg AusBond Composite 0+Yr. Index, 6% S&P/ASX 300 A-REIT Total Return Index, 16% Bloomberg AusBond Bank Bill Index

From 16 December 2025:
Option name
Composite Benchmark
Option name

Pendal Sustainable Balanced

Composite Benchmark

29% S&P/ASX 200 Total Return Index, 33% MSCI All Country World ex Australia Net Index, 16% Bloomberg AusBond Composite 0+Yr. Index, 6% S&P/ASX 300 A-REIT Total Return Index, 16% Bloomberg AusBond Bank Bill Index

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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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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 the 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 the CFS Multi-Manager Funds Product Disclosure Statement and products made available under FirstChoice Investments and FirstChoice Wholesale Investments. 

Information in this update and 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  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), TMD 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.