We’ve received notice that BlackRock Investment Management (Australia) Limited has decided to close the BlackRock Asset Allocation Alpha fund (BlackRock AAA) following the retirement of their lead portfolio manager.
After considering alternative courses of action, we’ve decided that it’s in the best interest of unit holders to terminate the BlackRock AAA and BlackRock Wholesale AAA option effective 3pm 9 April 2013.
The option was closed to all new applications (including Regular Investment Plans), additional investments and switches from 3pm on Tuesday, 26 February 2013. Any applications received after this date will be invested into the Colonial First State Cash or Colonial First State Wholesale Cash option (as applicable), the default option specified in the Product Disclosure Statement.
Existing investors can continue to withdraw or switch out of this option until 3pm on 9 April 2013.
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.