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FirstChoice WS Pens - MFS WS Global Equity

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100836-2023-11-22-02:25.pdf
FUND MANAGER MFS Investment Management
ASX Code
APIR FSF0552AU
ASSET CLASS GLOBAL EQUITIES
INVESTMENT STYLE The option invests in a diversified portfolio of global shares (unhedged).
INVESTMENT PROFILE The option seeks to provide capital appreciation over the longer term and to outperform the Benchmark over rolling five-year periods, before fees and taxes.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 31-05-2009
BENCHMARK MSCI World Index
FUND SIZE MSCI World Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 1.24% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in FirstChoice Wholesale

FirstChoice Wholesale is designed to help you achieve your investment goals and provides access to a wide range of managed funds from some of the world's most respected investment managers. FirstChoice Wholesale provides you with exceptional value, service and choice.

Value

FirstChoice Wholesale is a leader in providing value for money. We provide what you want - a great platform at a competitive price.

Service

Our brand is synonymous with service excellence. You will receive fast and personal service.

Choice

Over 130 investment options and over 70 investment managers give you real choice and diversity, across specialist boutiques and leading brands.

Investment options

With FirstChoice Wholesale, you can access a vast range of investment opportunities from well-respected Australian and international investment managers, including specialist boutique investment managers, across different asset classes such as shares, fixed interest, property and cash, all in the one place.

More than 130 ways to achieve your specific investment goals

FirstChoice Wholesale has more than 130 investment options across different asset classes and investment managers so that you can tailor an investment portfolio to meet your needs.

You can choose from:

  • multi-manager portfolios which are pre-mixed for you, and/or
  • single manager options allowing you to tailor-make your portfolio. a range of FirstChoice Managed Accounts within our FirstChoice Managed Accounts service, if you have an adviser.
  • FirstChoice Managed Accounts are tailored investment portfolios managed by us in consultation with your adviser's dealer group, licensee or an appointed investment manager. Once you select to invest in a FirstChoice Managed Account, your portfolio will be regularly reviewed for you. For more details, you should consult with your financial adviser or refer to the FirstChoice Managed Accounts reference guide.

Pre-retirement pension members have access to a limited investment menu of 65 investment options.

You can choose one option or a combination of different options. You can transfer your money into other options at any time.

When you are invested in FirstChoice Wholesale, your money is combined with other investors' money in FirstChoice Wholesale. Each FirstChoice Wholesale option is a separate option within this superannuation fund.

Each option invests in an underlying pool' which is managed according to the option's objectives.

Each option has a different level of risk and potential level of returns.

Personal customer service every time

We understand that our success depends on our ability to provide you with great service - every time. We have some of the most dedicated and highly trained people in the market, and we constantly aim for exceptional service.

No waiting for reports and statements

Instead of you waiting weeks for annual reports and tax statements, FirstChoice Wholesale provides you with consolidated reporting at least twice a year, which will give you a complete picture of all your investments and a summary of all your transactions.

FirstNet makes it easy

You can also access up-to-date information on your investments at any time via our secure internet site, FirstNet. FirstNet e-Post is the fast and secure way to submit original forms and requests via FirstNet, our secure online service. You no longer need to post the originals, saving you time and effort. You will receive an instant email confirmation when you submit your request and a reference number. You must only submit original forms.

Receive informative material

As an investor in FirstChoice Wholesale, you can look forward to receiving:

  • iQ magazine
  • regular statements
  • confirmation letters.

Risk level

Very High

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

How your FirstChoice Wholesale Personal Super account works

FirstChoice Wholesale Personal Super is an accumulation super fund. This means that each member has an account balance with money flowing in and out of the account.

When a contribution is made to your account, the contribution is used to purchase units in your chosen option. For example, if you make a contribution of $100 and the entry unit price for your chosen option is $1.00, then you will receive 100 units.

The value of your units may fluctuate due to the receipt of investment income and/or changes in the value of the underlying assets held in each option (except for FirstRate products, where the number of units changes as a result of the payment of interest). The unit price you receive may also be affected by other factors such as the payment of tax and other fund costs from the assets of the fund. Other costs that relate specifically to you, such as the payment of insurance premiums or adviser service fees, may also be deducted from your account via the withdrawal of units. This means that your account balance can fluctuate on a daily basis depending on market movements, the costs of running the fund and any expenses that relate specifically to your account.

How your FirstChoice pension account works

When you commence your pension, you are issued units in the investment option(s) you select. The value of units fluctuates as a result of changes in the value of the underlying assets or as a result of costs reflected in the unit price (except for the FirstRate Wholesale options, which are deposits with the Bank and the value changes as a result of the payment of interest). This means that your account balance can fluctuate on a daily basis depending on the value of the units which you hold in your account.

The unit price you receive is the unit price which applies on the day we receive a completed request, provided the request is received before 3pm, Sydney time, on any NSW business day.

Mandate

How we invest your money

Investment strategy

MFS' philosophy is based on the belief that companies with sustainable above-average growth and returns, and whose prospects are not reflected in their valuation, will outperform in the long run. The value of compounding high returns on capital and above-average growth rates over long time periods is often underestimated by the market. Through fundamental analysis, MFS seeks to identify enduring businesses, focusing on operational risks and the long-term potential for change. MFS considers whether the valuation reflects the long-term growth and returns of the company, and to what extent it adequately incorporates risk.

This option does not typically hedge currency risk.

Investment ranges

(Asset class: Range / Benchmark)

  • Global shares: 90%-100% / 100%
  • Cash: 0%-10% / 0%