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Due to recent and sustained market volatility, there have been changes to market transaction costs when buying or selling securities in fixed income markets.
The table below shows the updated Buy/Sell spread for the impacted investment options. Refer to the Fees and Costs table in the relevant Product Disclosure Statement for details.
The changes are effective 16 April 2025.
0.24%
0.24%
-0.14%/-0.14%
0.25%
0.25%
+0.05%/+0.05%
0.05%
0.20%
-0.05%/+0.10%
0.05%
0.30%
-0.10%/+0.15%
0.10%
0.15%
No change/+0.05%
0.15%
0.45%
No change/+0.30%
The buy/sell spreads are changing for the investment options, where applicable, via:
FirstChoice Wholesale Investments
FirstChoice Wholesale Personal Super and Pension
FirstChoice Investments
FirstChoice Employer Super
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For more information about these changes, please refer to the relevant PDS, speak to a financial adviser if you have one, or call us on 13 13 36, 8:30am to 6pm Monday to Friday Sydney time.
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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 the 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 in this Update and 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.