In the wake of Coronavirus, it has become more important than ever to support the Australian economy. Find out how we’re investing for the future.
Coronavirus has had a significant impact not only on the Australian economy, but on Australian businesses, households and individuals alike. That’s why our team is investing for the future – not only to support the economy in the aftermath of the pandemic, but to contribute towards building a future that members can enjoy in retirement. How? We explain more about this below.
Ever caught a train, or visited a hospital? That’s infrastructure – the physical assets helpful for the smooth operation of people, businesses and society. These assets can also include public housing, communication, utilities and today, as the world considers the impacts of fossil fuels and climate change, infrastructure for renewable energy.
Colonial First State holds listed infrastructure securities and direct infrastructure assets, and over the next five years is expected to further invest in millions of dollars' worth of investments such as:
The potential benefits of these investments can be twofold: positive impact and long-term financial returns. Moreover, investing in infrastructure means investing in Australia’s future – one that could see population growth to about 35 million people by 2050.1
We recognise that Australia’s future needs more than physical investments – it also requires support. That’s why the team has joined with other high-profile organisations within the financial services industry in becoming a member to various organisations and joining collaborative efforts on various topics, such as climate and modern slavery. See here for more details.
One of these is the Investor Group on Climate Change. As one of the greatest challenges facing our environment, economy and society, climate change has the potential to pose significant risks to investments. By joining the group, we’re supporting increasing collaboration between super funds and the investment community to address the risks, opportunities and challenges that climate change may have on the value of investments – and, in turn, our members' financial futures.
Members can feel confident knowing our team is dedicated to investing Australia’s future. They can also feel confident knowing that our team remains in close communication with our investment managers to carefully review market conditions and closely monitor our investments – not only ensuring our funds are well-placed to meet their investment objectives, but also allowing us the flexibility to prepare for and respond to changing conditions in ways that will support our members.
1. Australia’s future population, Parliament of Australia, October 2010, accessed July 2020.
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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 and FirstChoice Wholesale Investments.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 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.