This is an update to the CFS Multi-Manager Funds Product Disclosure Statement dated 30 September 2024 and is effective immediately. 

CFS Select Conservative (page 10)

The Product Disclosure Statement dated 30 September 2024 incorrectly stated the “Cash” strategic asset allocation of the CFS Select Conservative fund. The correction is as follows:

Asset Class
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Correct Strategic Asset Allocation
Range
Asset Class
Australian shares
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Australian shares

12%

Correct Strategic Asset Allocation
Australian shares

12%

Range
Australian shares

0-20%

Asset Class
Global shares
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Global shares

14%

Correct Strategic Asset Allocation
Global shares

14%

Range
Global shares

5-25%

Asset Class
Global property securities
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Global property securities

2%

Correct Strategic Asset Allocation
Global property securities

2%

Range
Global property securities

0-10%

Asset Class
Global infrastructure securities
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Global infrastructure securities

2%

Correct Strategic Asset Allocation
Global infrastructure securities

2%

Range
Global infrastructure securities

0-10%    

Asset Class
Fixed Interest
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Fixed Interest

50%

Correct Strategic Asset Allocation
Fixed Interest

50%

Range
Fixed Interest

40-60%

Asset Class
Cash
Asset Allocation (as per the Product Disclosure Statement (PDS) dated 30 September 2024)
Cash

30%

Correct Strategic Asset Allocation
Cash

20%

Range
Cash

10-30%

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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.