Colonial First State FirstChoice Wholesale Personal Super Review

Colonial First State Logo

Returns to June 30 2021

Investment Option 1 Year 3 Year 5 Year
FirstChoice Wholesale Conservative* 7.64% 4.22% 4.22%
Median 7.90% 4.60% 4.80%
FirstChoice Wholesale Conservative* VS Median -0.26% -0.38% -0.58%
FirstChoice Wholesale Balanced* 18.58% 7.45% 7.94%
Median 18.00% 7.90% 8.80%
FirstChoice Wholesale Balanced* VS Median 0.58% -0.45% -0.86%
FirstChoice Wholesale Growth* 21.35% 8.06% 8.80%
Median 22.40% 9.20% 10.40%
FirstChoice Wholesale Growth* VS Median -1.05% -1.14% -1.60%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
FirstChoice Wholesale Conservative* - 1.16% $580
FirstChoice Wholesale Balanced* - 1.34% $670
FirstChoice Wholesale Growth* - 1.38% $690

*Please note this is not the default Investment Option for this fund

Insurance Rating

0 /100
OmniLife

Fund Information

ABN: 26 458 298 557

USI: FSF0511AU

Address: GPO Box 3956 Sydney NSW 2001

Speak To An Advisor

Review My Super can review every Super Fund in Australia and can help you understand what YOUR money is doing for YOU

* all fields required
How can we help? *

About FirstChoice Wholesale Personal Super

FirstChoice Wholesale Personal Super is a retail super fund.

FirstChoice Wholesale Personal Super’s Balanced investment option performance over 5 years was above the median fund and the fees are above the median for funds on Review My Super for a balanced/MySuper risk profile.

FirstChoice Wholesale Personal Super offers life, TPD and income protection insurance. You can see their overall insurance rating to the left.

When Reviewing Super funds it’s a good idea to learn more about choosing a super fund. Consider the following:

Firstly, are you invested in the right risk profile? This is essentially the amount of risk you’re willing to take to achieve your desired investment return. High Growth investments will achieve the highest returns over the long run, and also carry the highest risk of loss in any one year. 

Secondly, what to do about the insurance in your super? Most funds will come with a default amount of insurance cover for instance. For some people this will be very insufficient and for others it will be too much, for example. Therefore, tailoring your cover to your own circumstances is key.

Thirdly, what are the different ways you can contribute to super? Understanding contributions like salary sacrifice and the government co-contribution can help you make the most of your super.

Fourthly, and most importantly, make sure you review Energy Super against other super funds under the ‘Fund Profiles’ tab and check out the top super funds, to see who the leaders are.

In addition, If you would like to speak to someone for some guidance when reviewing your super, then please fill in the ‘Speak To An Advisor’ form above and an advisor will be in touch to see how they can assist you.

In conclusion, understanding the key elements of super, conducting the appropriate research and seeking the best advice will help with choosing the best fund.

Frequently Asked Questions

Is FirstChoice Wholesale Personal Super an Industry Fund?

No, FirstChoice Wholesale Personal Super is a retail fund

Who Owns FirstChoice Wholesale Personal Super?

FirstChoice Wholesale Personal Super is owned by Colonial First State

Can Anyone FirstChoice Wholesale Personal Super?

Yes, anyone can join FirstChoice Wholesale Personal Super

0 0 Reviews
How would you rate
0 0 Reviews
Service
0 0 Reviews
Performance
0 0 Reviews
Fees
0 0 Reviews
Insurance
0 0 Reviews
Transparency
0 Reviews
Inline Feedbacks
View all review
Colonial First State Super
0
Would love your thoughts, please review.x
Share the joy
  •  
  •  
  •  
  •  
  •  
  •  
  •