At 3pm on 14 November 2022, we suspended transactions on this option and Avanteos Investments Limited, as the trustee and in accordance with the trust deed will close the option on 16 December 2022. This means we haven’t been able to process applications, switches, rollovers or redemption requests for this option received after 3pm on 14 November 2022.

Why have we closed this option?


In our monitoring and review, we look at the number of members who hold the investment, ratings from professional researchers, performance and fees, and the total funds in the option. We decided to close this option since the Responsible Entity of the underlying investment fund notified us that it believes it will not have sufficient funds for the investment manager to continue to implement the investment strategy over the longer term so will be winding the fund down. 

What's next?


For those invested in the option, we will switch the value of your investment at the closure of the option into the First Sentier Investors Strategic Cash option within their account effective 16 December 2022

If you are invested in this option and would like to reinvest this money into a different option within your FirstChoice account, please contact us by either:

  • uploading the completed investment switch form online via e-Post in FirstNet;
  • completing an investment switch form and returning it to us by mail; or
  • calling us on 13 13 36. 

We're here to help


If you would like more information regarding this termination, please speak to your financial adviser or call us on 13 13 36, Monday to Friday, 8:30am to 6pm, Sydney time. 

Unleash in ways you never thought possible

Get in touch

Get in touch with us online or call us
8:30am to 6pm AEST Monday to Friday.

Find a financial adviser

Use our tool to find professional financial advice,

local to you.

Download mobile app

Track your balance and see your 

transactions history from anywhere.

Things you should know

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 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 or by calling us on 13 13 36.