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Fee increase - FirstRate Saver

WE’RE INCREASING THE FEES ON OUR DEPOSIT PRODUCTS

We have increased the fees of the FirstRate Saver investment options by 0.05% pa from 6 July 2022 as follows:

Products Investment option Previous Total administration cost (pa) New Total administration cost (pa)
FirstChoice Wholesale Personal Super FirstRate Wholesale Saver 0.30% 0.35%
FirstChoice Wholesale Pension FirstRate Wholesale Saver 0.30% 0.35%
FirstChoice Pension FirstRate Wholesale Saver 0.30% 0.35%
FirstChoice Wholesale Pension FirstRate Wholesale TTR Saver 0.30% 0.35%
FirstChoice Employer FirstRate Saver Select 0.30% 0.35%
FirstChoice Wholesale Pension FirstRate Cash Non-Auto-rebalancing  0.30% 0.35%

Need more information?

To find out more about this update, please refer to the relevant PDS, speak to your financial adviser, or call us on 13 13 36, 8am-7pm, Monday to Friday (Sydney time).

Disclaimer

Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the issuer of FirstChoice Employer Super offered from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557. This document 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) 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 1300 654 666. All applications for these products must be on the application form attached to the PDS, which can be completed online (other than for FirstChoice Employer Super) or on paper. Applications for FirstChoice Employer Super can be made by speaking to your employer or Relationship Manager (RM).