FirstChoice Lifestage option

Product dashboard 13 December 2013

  Investment option Return target
Return target
Return target for 2013-2023 after fees and taxes. Future returns cannot be guaranteed. This is a prediction.
FirstChoice Lifestage 1945–49 CPI plus 1% per annum
FirstChoice Lifestage 1950–54 CPI plus 1.5% per annum
FirstChoice Lifestage 1955–59 CPI plus 2% per annum
FirstChoice Lifestage 1960–64 CPI plus 2.5% per annum
FirstChoice Lifestage 1965–69 CPI plus 3% per annum
FirstChoice Lifestage 1970–74 CPI plus 3% per annum
FirstChoice Lifestage 1975–79 CPI plus 3% per annum
FirstChoice Lifestage 1980–84 CPI plus 3% per annum
FirstChoice Lifestage 1985–89 CPI plus 3% per annum
FirstChoice Lifestage 1990–94 CPI plus 3% per annum
FirstChoice Lifestage 1995–99 CPI plus 3% per annum
Return This product commenced in June 2013. No historical data is currently available.
Comparison between return target and return This product commenced in June 2013. No comparison is currently available.
Level of investment risk* Investment option Risk label Estimated number of negative annual returns over any
20-year period
FirstChoice Lifestage 1945–49 Low to medium 1 to less than 2
FirstChoice Lifestage 1950-54 Medium 2 to less than 3
FirstChoice Lifestage 1955-59 Medium to high 3 to less than 4
FirstChoice Lifestage 1960-64 Medium to high 3 to less than 4
FirstChoice Lifestage 1965-69 High 4 to less than 6
FirstChoice Lifestage 1970-74 High 4 to less than 6
FirstChoice Lifestage 1975-79 High 4 to less than 6
FirstChoice Lifestage 1980-84 High 4 to less than 6
FirstChoice Lifestage 1985-89 High 4 to less than 6
FirstChoice Lifestage 1990-94 High 4 to less than 6
FirstChoice Lifestage 1995-99 High 4 to less than 6
Statement of fees and other costs^
Fees and other costs for a member with a $50,000 balance throughout the year.
$560 per year.

*Level of investment risk

The level of investment risk is the Trustee’s estimate of the risk of negative investment returns over a 20-year period. It is not a complete assessment of all forms of investment risk. For instance, it does not detail what the size of a negative return could be or the potential for a positive return to be less than what a member requires to meet their objectives. Further, it does not take into account the impact of administration fees and tax on the likelihood of a negative return. You should ensure you are comfortable with the risk and potential losses associated with your investment options. The risk measures are calculated in line with the guidelines in the Financial Services Council (FSC) Guidance on Standard Risk Measure Guidance Paper for Trustees’ dated July 2011. This rating is based on the asset allocation benchmark of the fund at the date of the dashboard and does not take into account future movements of this benchmark.

^Statement of fees and costs

This amount includes investment fees, administration fees and costs, but excludes buy-sell spreads, activity fees, insurance fees and costs.

Further information

For further information about the Lifestage option and the fees and costs payable, you should refer to the current Product Disclosure Statement.

 

Disclaimer

This document has been prepared by Colonial First State Investments Limited ABN 98 002 348 352, AFS Licence 232468 (Colonial First State) based on information current as at the date of the dashboard. This document is not advice and provides information only. It does not take into account your individual objectives, financial situation or needs. You should read the Product Disclosure Statement carefully and assess whether the information is appropriate for you and consider talking to a financial adviser before making an investment decision. Colonial First State is a wholly owned subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFS Licence 234945 (the Bank). Investments in FirstChoice Lifestage option are not deposits or other liabilities of the Bank. The Bank and its subsidiaries do not guarantee the performance of FirstChoice Lifestage option or the repayment of capital by Colonial First State. Investments in FirstChoice Lifestage option are subject to investment risk, including loss of income and capital invested.