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FirstChoice to offer new funds

Investor, adviser demand prompts expansion

By Alice Uribe
Thu 21 May 2009

Colonial First State's FirstChoice platform offering is to be expanded from June.


In response to investor and adviser demand, Colonial First State (CFS) has added new funds to its FirstChoice platform.

The new funds added include ING Diversified Fixed Interest, Macquarie Income Opportunities, Lodestar Australian Absolute Return, Integrity Australian Share, MFS Global Equity, Fidelity Australian Equities, Principal Property Securities, Capital International Global Share and Colonial First State Global Credit Income.

"As Australia's largest fund manager we are continually looking for opportunities to enhance our service offering and give investors access to market-leading products," CFS chief executive Brian Bissaker said.

"We're excited to expand our investment choices for investors, particularly for those seeking a defensive allocation as part of their portfolio mix."

The enhancements are effective from 1 June.

FirstChoice now offers more than 106 options and FirstChoice Wholesale offers 110 options.

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