In March 2021, we temporarily reduced the fees of the First Sentier Strategic Cash options by 0.15% p.a. due to interest rates being at historically low levels.
Now that interest rates have increased, we have removed the temporary fee reduction. Effective 1 May 2023, management costs increased by 0.10% pa as follows:
First Sentier Wholesale Strategic Cash
0.29%
0.39%
First Sentier Wholesale Strategic Cash
0.29%
0.39%
First Sentier Wholesale Strategic Cash
0.26%
0.36%
First Sentier Wholesale Strategic Cash
0.29%
0.39%
Strategic Cash
0.29%
0.39%
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, 8:30am-6pm, Monday to Friday (Sydney time).
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Things you should know
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the Colonial First State FirstChoice Superannuation Trust ABN 26 458 298 557 and issuer of FirstChoice range of super and pension products. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the responsible entity and issuer of products made available under FirstChoice Investments, FirstChoice Wholesale Investments and Managed Investment Funds.
Information on this webpage is provided by AIL and CFSIL. It 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 https://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 13 13 36.