Following a recent review of the Sanlam Managed Risk Multi-Index High Growth (the option) in FirstChoice Investments, Colonial First State has decided to terminate the option on Friday, 20 April 2018. We’re aiming to complete the termination of the option on Tuesday, 8 May 2018 at which time the proceeds of the investment in the option will be paid to investors.
This option has seen low levels of investment since its launch in May 2015, with only a small number of investors. As the Responsible Entity, Colonial First State does not believe that the option will achieve the scale needed to operate efficiently over the longer term.
We will not process any applications, switches out or redemption requests received after 3pm on Friday, 20 April 2018. If we receive an application, we’ll be unable to process it and will return the money.
If you would like more information regarding the termination of this option, please speak to your financial adviser or call us on 13 13 36, Monday to Friday, 8am to 7pm, Sydney time.
DisclaimerColonial 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.