Managed investment funds – changes to fees and commissions
We’re reducing the fees on Managed Investment Fund accounts
From 1 March 2020, we are reducing the fees on investments in the Colonial First State Managed Investment Funds.
You can find details of the fee reductions here:
http://www.colonialfirststate.com.au/prospects/fs7307.pdf
What you need to know
- We’re reducing management costs of the funds by between 0.55% pa and 1.10% pa.
- As part of the simplification of our fee arrangements, any fee rebates in place will also cease.
- We’ll stop paying commissions to financial advisers.
All members will experience lower fees as a result of these changes.
If you are affected by this change, we will write to you to let you know how this has impacted your account.
Disclaimer
Colonial First State Investments Limited ABN 98 002 348 352, AFS Licence 232468 (Colonial First State) is the issuer of super, pension and investment products. This document may include general advice but does not take into account your individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) carefully and assess whether the information is appropriate for you and consider talking to a financial adviser before making an investment decision. A PDS for Colonial First State’s products are available at colonialfirststate.com.au or by calling us on 13 13 36.