This is an update to the following Product Disclosure Statements – Issue No 2023/2, (PDS’s) dated 18 November 2023 and supplemented by the Supplementary PDS dated 16 March 2024  : 

  • FirstChoice Wholesale Investments;  
  • FirstChoice Wholesale Personal Super and Pension

The Investment Options Menu of the above PDS’s disclosure for the following options has been updated to correctly reflect how the option is managed. This Product Update should be read in conjunction with these respective Investment Option Menus.  

Investment Option
Updated disclosure
Investment Option

Mutual Income 


Change in asset allocation 

Updated disclosure

From 20 March 2024 , the asset allocation range for the option will change to:


Cash – 0-30%

Senior Debt – 0-100%

Subordinated debt – 0-60%

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.


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 or by calling us on 13 13 36.