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Online Investment Account

The Online Investment Account when accessed via Investment Warehouse has no entry, exit or adviser service fees. Because wholesale investment funds are used, not only are management charges lower, but also there are no fund manager entry, exit or switching fees when investments are changed.

The Online Investment Account gives you access to your current investment balance, performance and unit price information and details of any recent transactions. In addition, you are able to make additional investments, switch investments and make withdrawals by way of the internet, over the phone or by mail. Another advantage of the Online Investment Account is that at no extra cost you will receive full consolidated investment and taxation reporting covering all of your investments within the Online Investment Account.

The Online Investment Account uses the Colonial FirstChoice investment platform, which provides a choice of over 50 different investment options from more than 20 different fund managers and covers all investment classes including Australian as well as overseas investments. These investments are available within allocated pension, superannuation and non-superannuation investment structures.

The Colonial FirstChoice investment platform has one of the lowest overall fee structures currently available in the Australian marketplace and in addition no fees or charges currently apply when investments are changed.

The FirstChoice range of products
FirstChoice offers general investments, personal super and an allocated pension. There is a single investment menu across investments, personal super and retirement.

For full details of the Colonial FirstChoice investment platform please click on these links:
  

FirstChoice Investments - for general saving and investing.

FirstChoice Personal Super - for superannuation rollovers, personal, spouse and employer contributions.

FirstChoice Pension - for investing your superannuation savings to receive an allocated pension.

 
The whole FirstChoice range offers the following features:

Investment experts managing your money
Take the time and worry out of managing your money by using FirstChoice to access a range of investment managers.

Wide investment choice
Choose from approximately 50 investment options covering all main asset classes including Australian and global investments. You also have the choice of selecting the investment manager yourself (the discretionary options) or investing in the blended investment options (where the managers are professionally selected for you).

Access to discretionary investment options
The discretionary options have been chosen to provide a wide choice across different fund managers and investment options. Through the discretionary investment menu, FirstChoice gives you access to many market leading managers and investment options all of which can be handpicked by you.

Access to blended investment options
The blended investment options are managed by a number of professionally selected investment managers, with Colonial First State as the core manager. FirstChoice have appointed Towers Perrin to provide advice in relation to the construction of the blended options, including the selection and review of the investment managers.

Competitive, simple fee structure
The fees are highly competitive and easy to understand.

One report, regardless of how many investment managers are in your portfolio
By using FirstChoice, you can access Colonial First State and other professional investment managers, but instead of receiving separate reports from each manager, FirstChoice gives you one consolidated report. This means just one set of forms to complete and one contact point for information on all your investments.

Access to up-to-date information about your investment online and over the phone
The FirstNet Investor website, and FirstLink, the automated phone service, give you access to your current investment balance, performance and unit price information and details of any recent transactions.

Auto-rebalancing your investment options
FirstChoice offers you auto-rebalancing and switching to help you easily and conveniently keep your investment strategies on track.

Types of Investment Options
There is a wide choice of investments across a range of asset classes and managers. You are able to choose specific funds managed by a specific manager (these are called 'discretionary' options). Or if you prefer, choose one or more of the 'blended' options, which contain a selection of managers.
 

The blended options combine a number of carefully selected investment managers into one investment option. Different managers, which may have complimentary styles are blended together to provide another level of diversification.

A discretionary option is managed by a single investment manager. It is called a discretionary option because you have discretion to invest in one or more investment mangers of your choice.

Blended and discretionary options can either be multi-sector or single sector.

 
What is a multi-sector option?
A multi-sector option provides easy access to a ready made diversified portfolio because it invests in more than one asset class such as shares, property, fixed interest and cash. The amount invested in each asset class will depend on the investment option's objective.

What is a single sector option?
A single sector option invests in one asset class only, such as Australian shares.

 
For full details of the Colonial FirstChoice investment platform please click on these links:

FirstChoice Investments (Non-Superannuation)

FirstChoice Personal Super

FirstChoice Pension (Allocated Pension)

© Direct Advisers Pty Ltd. 2010