Colonial First State FirstChoice Superannuation Trust

Super Funds GuideThis is a SuperGuide Super Funds Guide profile of Colonial First State FirstChoice Superannuation Trust, including information about investment performance, performance ranking, asset allocation, and fund member analysis.

This SuperGuide Super Funds Guide profile is independent information and is not an advertisement for Colonial First State FirstChoice Superannuation Trust. The data contained in this profile is sourced from the superannuation regulator, the Australian Prudential Regulation Authority, and refers to data as at 30 June 2013.

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Snapshot of Colonial First State FirstChoice Superannuation Trust

  • Colonial First State FirstChoice Superannuation Trust is a Public offer fund and Retail fund (you can find out the 5 types of super funds by clicking here).
  • For the 2013 financial year (1 July 2012 to 30 June 2013), Colonial First State FirstChoice Superannuation Trust delivered a rate of return of 13.4%, which ranked it 98 of the 210 funds that provided investment performance data.
  • In terms of net assets, Colonial First State FirstChoice Superannuation Trust ranks 3 out of 287 funds, with net assets (as at 30 June 2013) of approximately $51327555000.
  • In terms of fund members, Colonial First State FirstChoice Superannuation Trust ranks 12 largest of 271 funds, with 757576 members.
  • Colonial First State FirstChoice Superannuation Trust has 552 investment options.

Continue reading to find out more about Colonial First State FirstChoice Superannuation Trust.

Note: N/A and * means this information is not available.

How well did Colonial First State FirstChoice Superannuation Trust perform?

In the table below you can discover the investment performance of Colonial First State FirstChoice Superannuation Trust over a 10-year period, a 5-year period, and the specific annual rate of return for each year from 2004 through to 2013.

The table also provides the ranking of Colonial First State FirstChoice Superannuation Trust for each of these timeframes across all super funds. For general information on the top 25 performers over these same 5-year and 10-year periods see SuperGuide article Top 25 performing super funds over long term.

Average annual rate of return over 10 years
2004 – 2013 4.8% Ranked 116 of 153 funds
Average annual rate of return over 5 years
2009 – 2013 3.1% Ranked 106 of 187 funds
Rate of return for one year to 30 June
2013 13.4% Ranked 98 of 210 funds
2012 -1% Ranked 146 of 193 funds
2011 7.3% Ranked 105 of 190 funds
2010 9.4% Ranked 59 of 189 funds
2009 -11.7% Ranked 99 of 188 funds
2008 -12.4% Ranked 167 of 185 funds
2007 13% Ranked 135 of 181 funds
2006 13.3% Ranked 100 of 175 funds
2005 10.3% Ranked 126 of 156 funds
2004 10.5% Ranked 116 of 152 funds

Data contained in this table as at 30 June 2013

Where did Colonial First State FirstChoice Superannuation Trust invest its members’ super money?

In the table below you can discover the asset allocation for the default investment option for Colonial First State FirstChoice Superannuation Trust. The table explains what percentage of fund assets are in the 8 different asset categories, and how that allocation compares to the average allocation across all super funds.

Asset class Fund percentage All funds average percentage
Australian equities 33.8% 24.3%
International equities 27.6% 18.9%
Listed property 16.7% 2.9%
Unlisted property 0% 4.3%
Australian Fixed Interest 6.8% 13.8%
International Fixed Interest 4.1% 5.1%
Cash 4.8% 21.7%
Other 6.2% 8.9%

Data contained in this table as at 30 June 2013

Colonial First State FirstChoice Superannuation Trust offers its members 552 investment options.

Who runs Colonial First State FirstChoice Superannuation Trust?

In the table below, you can find the name of the company that runs Colonial First State FirstChoice Superannuation Trust and other administration details including, whether the super fund is open to the public (public offer) or not open to general public (non-public offer), how the super fund is structured and the super fund’s Australian Business Number.

Fund trustee Colonial First State Investments Limited
Public offer status Public offer
Benefit structure Accumulation
Fund year-end 41455
Fund ABN 26458298557
Fund wind-up date (if applicable)

Data contained in this table as at 30 June 2013

Colonial First State FirstChoice Superannuation Trust fund member profile

  • Colonial First State FirstChoice Superannuation Trust has 757576 members, which ranks it at number 12 largest of 289 funds.
  • Colonial First State FirstChoice Superannuation Trust has 117955 pension members, which ranks it at number 1 largest of 153 funds.

In the table below you can discover how many superannuation accounts that Colonial First State FirstChoice Superannuation Trust looks after, the age and gender profile of Colonial First State FirstChoice Superannuation Trust fund membership and how that compares across all super funds.

Number of member accounts Fund percentage Average percentage across all funds
Age below age 35
Females 98577 13.01% 13%
Males 134708 17.78% 17%
Age 35-49
Females 87560 11.56% 14%
Males 130008 17.16% 21%
Age 50-59
Females 52147 6.88% 7%
Males 74850 9.88% 12%
Age 60-65
Females 36649 4.84% 4%
Males 46584 6.15% 6%
Age over 66
Females 41854 5.52% 6%
Males 54639 7.21% 8%

Data contained in this table as at 30 June 2013

Further information on Colonial First State FirstChoice Superannuation Trust

In the table below you can discover further information about Colonial First State FirstChoice Superannuation Trust, in particular, the annual statements for the year ended 30 June 2012, which includes operating expenses of the fund, taxes, insurance and super contributions for the year.

Net assets at beginning of period ($’000) 43113361 (3 largest of 287 funds)
Net assets at end of period ($’000) 51327555 (3 largest of 287 funds)
Net operating performance after tax ($’000) 8214194
Total assets at end of period ($’000) 51340664
Total liabilities at end of period ($’000) 13109
Employer contributions ($’000) 1829118
Personal member contributions ($’000) 1828079
Other contributions ($’000) 47023
Total contributions ($’000) 3704220
Contributions tax and surcharge ($’000) 307558
Inward rollovers ($’000) 9629928
Outward rollovers ($’000) 7642702
Net rollovers ($’000) 1987226
Repatriation to employer sponsor ($’000) 0
Lump sum benefit payments ($’000) 1695054
Pension benefit payments ($’000) 1280693
Total benefit payments ($’000) 2975747
Net contribution flows ($’000) 2715699
Total proceeds on insurance policies ($’000) 71868
Net cost of member benefit insurance ($’000) 208493
Insurance policy proceeds – net cost of insurance ($’000) -136625
Interest ($’000) 263833
Dividends ($’000) 0
Rent ($’000) 0
Trust Distributions ($’000) 1413491
Doubtful debts/bad debt expense ($’000) 0
Investment income/dist after doubtful debt expense 1677324
Other investment income ($’000) 36
Investment income/dist after doubtful debt expense + Other investment income ($’000) 1677360
Total foreign exchange gains/losses (realised and unrealised) ($’000) 0
Total unrealised gains/losses on investments ($’000) 4309113
Total realised gains/losses on investments ($’000) 233009
Total gains/losses on investments ($’000) 4542122
Total Investment Income ($’000) 6219482
Investment management fees ($’000) 0
Custodian fees ($’000) 0
Property maintenance costs ($’000) 0
Asset consultant fees ($’000) 0
Other investment expenses ($’000) 802
Total investment expenses ($’000) 802
Net investment income ($’000) 6218680
Interest expense ($’000) 0
Management fees ($’000) 217633
Administration fees ($’000) 0
Actuary fees ($’000) 0
Director/trustee fees and expenses ($’000) 131446
Total fees paid to audit firm ($’000) 0
Other operating expenses ($’000) 10268
Total operating expenses ($’000) 359347
Other income ($’000) 0
Fees and commissions ($’000) 0
Other income + Fees and commissions ($’000) 0
Reconciling item ($’000) 0
Net earnings ($’000) 5859333
Tax expense on earnings ($’000) -83345
Net earnings after tax ($’000) 5942678
Cash flow adjusted net assets ($’000) 44249119

Data contained in this table as at 30 June 2013

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