FirstNet Adviser help
Transaction Search
What is a Transaction search?
A transaction search lists transactions performed by your clients within a nominated time period of up to 14 days.
Once you have reviewed the search findings you will be given the opportunity to:
- view and download the confirmation, if available for the transaction
- download the transaction results once you have reviewed the search findings.
What is the earliest date that I can use for Transaction search?
There is no restriction on Transactions search dates. A full record of transactions is available.
What do the abbreviations used in transaction searches mean?
| Abbreviation | Transaction | Definition |
| WDL | Withdrawal | Part of a holding or all of a holding is sold. |
| SWIT | Switch | A "$ amount" or "% of a holding" is moved from one product to another. |
| INV | Investment | Money is invested in a product. |
| DIST | Distributions | A fund pays income to the unit holders. |
| TRF | Transfer | Investments are transferred between accounts |
| RIP | Regular Investment Plan | An investment is made each month through the Regular Investment Plan. |
| RWP | Regular Withdrawal Plan | A withdrawal is made as a result of a Regular Withdrawal Plan. |
What transaction terms are used?
The following Transaction terms are used:
- Reinvested distributions - only Colonial First State’s Managed Investment Funds, Cash Management Trust, FirstChoice Investments and FirstChoice Wholesale Investments accounts have distributions. Therefore only these accounts will appear in a transaction search for distributions.
- Withdrawn distributions - same as above for reinvested distributions.
- Financial adjustments - Financial Adjustments are only conducted for Colonial First State’s Managed Investment Funds, FirstChoice Investments and FirstChoice Wholesale Investments accounts. If a financial adjustment has been processed against an account it will be displayed as either an investment or withdrawal (as appropriate to how it changes the account balance). Adjustment transactions are processed for other products (i.e. Cash Management Trust, Pooled Superannuation Trust and Personal Pension).
Is there a maximum number of transactions I can view?
Only the first 400 transactions found can be displayed on screen. However, ALL transactions meeting your search criteria will be listed if you choose to download the report.
Which transactions are available?
If you are the adviser registered on an account then all transactions on this account will be available through transaction search. This includes closed accounts.
Will closed accounts show in a transaction search?
The transaction search function will show transactions on closed accounts as long as you were the registered adviser on that account at the date the account was closed.
Why can I only search for 14 days of information?
The search functionality uses extra computer resources, allowing searches of more than 14 days would significantly slow down the delivery of the search results, thus not delivering you the optimum level of service.