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Colonial First State - FirstChoice Personal Super

Past 5-year return
7.94%
Admin fee
$0
Calculated Fees on 50k
$1,045
FirstChoice has become the most widely used platform in Australia.
The fund offers advisers and their clients superior service award-winning online functionality.
FirstChoice offers a wide range of investment and insurance options, all for some of the lowest fees in the platform market.
Colonial First State currently manages or administers more than $200 billion globally. The fund's FirstChoice Personal Super product is no longer available to new members, but continues to deliver services to current members. FirstChoice Personal Super offers wide range of diversified, single sector and single manager options, as well as FirstRate Term Deposits. The FirstChoice Moderate option has underperformed the SuperRatings Index over the short term; however, the extensive investment menu means returns will vary depending on the option and manager selected.Fees for FirstChoice Personal Super are higher than industry average across all assessed account balances; however, a tiered fee rebate applies for account balances greater than $400,000. No fees are charged for switching investments or exiting the fund, although a buy-sell spread is applied.The insurance available in Colonial First provides eligible members to apply up to $5 million of Death cover and $3 million of TPD cover. Members also have the added flexibility to increase their Death and TPD insurance upon the occurrence of certain life events without providing medical evidence. Income Protection of up to 85% of salary (including super contribution) is available to eligible members.FirstChoice Personal Super provides consolidated reporting at least twice a year, which will give members a summary of all investment transactions. Members also have a range of online tools, education resources and news updates as well as the ability to access their account online via the FirstNet facility.

Fees & fund features

Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.72%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.72%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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