In May 2012, we released the latest versions of the FirstChoice Product Disclosure Statements (PDS). In these, we adopted the Standard Risk Measure, which allows investors to compare investment options that are expected to deliver a similar number of negative annual returns over any 20-year period.
Since then, we have recognised that the Standard Risk Measure of the Goldman Sachs Income Plus option has been overstated as a "High-6". The option has a risk commensurate with a "Low to Medium-3" as described in the PDS. We will not be updating our PDS’s until 2013 to reflect this change in the Standard Risk Measure. The change is applicable for the following products:
- FirstChoice Investments
- FirstChoice Wholesale Investments
- FirstChoice Personal Super
- FirstChoice Wholesale Personal Super
- FirstChoice Pension
- FirstChoice Wholesale Pension
We apologise for any inconvenience and recommend you speak to your financial adviser if you have any questions. You can also refer to the relevant investment options menu for your product on our Product Disclosure Statements page for further information.
Colonial First State Investments Limited ABN 98 002 348 352, AFS Licence 232468 (Colonial First State) is the issuer of super, pension and investment products. This document may include general advice but does not take into account your individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement (PDS) carefully and assess whether the information is appropriate for you and consider talking to a financial adviser before making an investment decision. A PDS for Colonial First State’s products are available at colonialfirststate.com.au or by calling us on 13 13 36.