To invest in a bank deposit product offered by Commonwealth Bank of Australia. Current interest rates for FirstRate Wholesale Saver are available on the Colonial First State website.

To provide positive interest income each month and very low risk by depositing funds with Commonwealth Bank of Australia. 

To provide positive interest income each month and very low risk by depositing funds with Commonwealth Bank of Australia.

Benefits of investing in FirstChoice Investments

FirstChoice Investments 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 Investments provides you with exceptional value, service and choice.

Value

FirstChoice Investments 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 Investments, 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 Investments 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.

How FirstChoice Investments work

When you invest in FirstChoice Investments, your money is combined with other investors' money in a managed investment scheme. Each FirstChoice investment option is a separate managed investment scheme except for FirstRate products, which are deposit products of the Bank. We may invest directly or indirectly in other managed investment schemes managed by us to gain exposure and administrative efficiencies.

How your account works

When you make an investment into FirstChoice Investments, you are issued units in the investment option(s) you select.

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

Any income that you receive from your investment, may include income such as interest, dividends and realised capital gains.

FirstRate products will pay interest only. The payment of interest will follow the distribution choices you make on your FirstChoice Investments account.

Income attributed and distributions are based on the number of units you hold in a particular option, in proportion to the number of units held by all unitholders, at the distribution date. Income attributed and distributions are not pro-rated for investors who were not unitholders for the whole period. The type of income you receive depends on the asset classes in which each option invests.

To invest in a bank deposit product offered by Commonwealth Bank of Australia. 100%