Colonial First State

CoreData Group's latest retirement confidence index reveals CFS is one of the top ranking funds for members' retirement confidence and preparedness, as reported by Hannah Wootton in The Australian Financial Review. https://lnkd.in/gJrCR7Md

High-growth lifecycle funds were among the top performers for super savers in the past year, with the best of the lot – one of CFS’s lifecycle strategies – coming in 6% higher than the default option at AustralianSuper https://lnkd.in/gutDPDch

CFS takes 1st and 2nd place in the top performing MySuper Lifecycle options for FY24. New analysis from superannuation research house SuperRatings reveals that the Essential Super growth option (MySuper Lifestage 1975-79) was the best performing MySuper Lifecycle option in FY24, delivering a 14.4% return. This was followed by another CFS fund, the FirstChoice Employer Super growth option (MySuper Lifestage 1975-79), achieving second place in the same category with a 14.3% return. We were also recognised for strong performance in SuperRatings’ analysis of the top fifty Balanced options for FY24, with the CFS Enhanced Index Balanced Fund achieving third place with an 11.4% return. “CFS is gaining significant momentum as a leading superannuation provider, achieving double-digit returns for MySuper members for two years in a row,” said Kelly Power, CEO of Superannuation. “Strong performance is what our members want to see, and we are proud to be in a position where we can continue delivering exceptional investment performance for them,” Ms Power said.

Our team headed down to NAIDOC in the City at Town Hall for a day of markets, dance, culture and live performance.   The theme for 2024 was ‘Keep the Fire Burning! Blak, Loud & Proud’, calling for a reclamation of narratives to amplify Indigenous voices and pursue justice and equality. You can learn about the theme in this article https://lnkd.in/g9kZmcP3   We were grateful for the opportunity to celebrate and acknowledge the rich history, culture and accomplishments of Aboriginal and Torres Strait Islander peoples. To read about our vision for reconciliation, click here https://lnkd.in/g-iMwx-7

What key drivers were responsible for strong local and overseas investment performance in FY23-24? Jonathan Armitage, Chief Investment Officer, and Al Clark, Head of Investments, reveal these factors, as well as the changing dynamics of markets.   https://lnkd.in/gtByy3DW #CFSMarketInsights #Economy

CFS delivered outstanding investment results for super members for the year ending 30 June 2024! Headline returns include: ✅ 14.3% Growth - Lifestage 1975-79 (FirstChoice Employer Super) ✅ 12.1% Balanced - Lifestage 1965-69 (FirstChoice Employer Super) ✅ 12.2% CFS Enhanced Index Growth (FirstChoice Wholesale Personal Super)* ✅ 11.2% CFS Enhanced Index Balanced (FirstChoice Wholesale Personal Super)* What's behind CFS’s performance? ⭐ The strong investment performance reflects the disciplined, diversified approach the CFS Investment team takes to managing volatile market conditions. "The strength of global share markets has been the core driver of investment returns over the last 12 months. Any options that invested in the global share market have performed relatively well over the past year,” our Chief Investment Officer Jonathan Armitage said. “CFS is also in the unique position of holding no legacy unlisted assets. In an environment of higher interest rates, this has allowed us to deliver another year of solid returns for members.” Read more on how we’re continuing to build momentum for our members here https://lnkd.in/gB9r8Dq7

There’s only 4 days left to apply for our Graduate program with applications ending July 9th. In our 12-month graduate program you’ll be welcomed into a transforming organisation that is deeply committed to your development and future. Our program is designed to nurture our next generation of leaders. As a graduate, you'll be part of a dynamic group of individuals ready to solve complex problems across four distinct rotations, each carefully designed to ensure the strongest foundation for your future career. You will start in your home business domain and journey through two other rotations and finally, a short stint in our customer service centre. We are looking for graduates in Product, Investments, Technology, Finance, Transformation and Law. Apply now https://lnkd.in/gPAXMwwy

Performance that’s anything but average! We are proud to deliver outstanding returns in the past year, as seen on Nine's Today Show where they reported our 2023-24 financial year performance against competitors, referencing 12.1% returns for our MySuper Balanced option 🌟 [Past performance is no indication of future performance. *Returns are based on preliminary data for the 12 months to 30 June 2024. For more details on the Financial Year 23/24 Performance results, visit cfs.com.au This post is provided by Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531. This post may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You should consider if it’s appropriate for you and read the PDS and TMD at cfs.com.au before deciding to join or stay.]

"These are among the highest returns for super members you’re going to see for this financial year.” CFS continues its upward trajectory with a second consecutive year of impressive double-digit returns for members invested in a range of balanced and growth super options - that’s anything but average financial year 2023-24 results. For members this means double-digit returns for those invested in our balanced and growth options.    For members of FirstChoice Employer Super, annual results included:  ✅ 14.3% Growth - Lifestage 1975-79  ✅ 12.1% Balanced - Lifestage 1965-69 While FirstChoice Wholesale Personal Super members, according to preliminary data for the 12 months to 30 June 2024, benefited from results of:  ✅ 12.2% CFS Enhanced Index Growth   ✅ 11.2% CFS Enhanced Index Balanced    Hear from Jonathan Armitage, Chief Investment Officer, about our investment performance.    [Past performance is no indication of future performance. * Returns are based on preliminary data for the 12 months to 30 June 2024. For more details on the Financial Year 23/24 Performance results, visit cfs.com.au   This post is provided by Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531. This post may include general advice but does not consider your individual objectives, financial situation, needs or tax circumstances. You should consider if it’s appropriate for you and read the PDS and TMD at cfs.com.au before deciding to join or stay.]

Colonial First State has benefited from strong exposure to US tech stocks, reporting a 12.1 per cent return for its employer super balanced fund and a 14.3 per cent return for its growth fund in the financial year ended June 30. The strong investment returns – which outstrip those of industry fund giant AustralianSuper, which reported 8.46 per cent for its balanced option and 10.2 percent for its high growth option – will strengthen claims that the group’s fortunes are turning around. “We are showing some good investment returns, but we are doing it in a very cost-effective way,” CFS chief investment officer Jonathan Armitage said. “The business is showing very strong momentum with investment performance, low fees, and we are starting to see some good flows into the business across the board.” https://lnkd.in/gCNPjHp6