On 26 March 2022, the investment manager and name of the AMP Capital Global Property Securities option on FirstChoice* changed.
The option is managed by Macquarie Asset Management (Macquarie) and is named Macquarie Global Listed Real Estate.
On 30 May 2022 a Product Disclosure Statement (PDS) for FirstChoice* products will be issued and will include this change. The FirstChoice Wholesale applications forms (including e-Setup applications) will be updated when the new PDSs are issued. The new name will appear on the Colonial First State public website, FirstNet and member statements. The FirstChoice manager and asset allocation calculator for advisers will reflect the new name.
WHY THE CHANGE?
In July 2021, AMP Limited (AMP) announced it will be selling its Global Equities and Fixed Income business (which includes the FirstChoice AMP Capital Global Property Securities option) to Macquarie. Colonial First State undertook a review on AMP Capital Global Property Securities and decided to appoint Macquarie as the new investment manager of the option. The investment management team, strategy and objective will remain the same with no change to the underlying management fee of the investment option.
NEED MORE INFORMATION?
If you are invested in this option or have any questions regarding the change, please speak to your financial adviser or call us on 13 13 36, Monday to Friday, 8am to 7pm Sydney time.
If you are a financial adviser please contact your local Business Development team.
*FirstChoice includes FirstChoice Wholesale Investments, FirstChoice Wholesale Personal Super, FirstChoice Wholesale Pension, FirstChoice Investments (closed to new accounts), FirstChoice Personal Super and FirstChoice Pension (closed to new accounts).
Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the issuer of the FirstChoice range of super and pension products from the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557. CFSIL also issues interests in products made available under FirstChoice Investments and FirstChoice Wholesale Investments. This document may include general advice but does not take into account your individual objectives, financial situation or needs. The Target Market Determinations (TMD) for our financial products can be found at www.cfs.com.au/tmd and include a description of who a financial product is appropriate for. 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. The PDS and FSG can be obtained from www.cfs.com.au or by calling us on 13 13 36.