We are pleased to introduce the new range of specialist AZ Sestante Index Portfolios. These have been launched today on CFS FirstChoice Superannuation and Pension menus offering six risk profiles and complementing our existing dynamic range:
1. AZ Sestante Index Conservative Portfolio
2. AZ Sestante Index Moderate Portfolio
3. AZ Sestante Index Diversified Portfolio
4. AZ Sestante Index Balanced Portfolio
5. AZ Sestante Index Assertive Portfolio
6. AZ Sestante Index Aggressive Portfolio
These index portfolios follow the AZ Sestante investment philosophy and processes for dynamic asset allocation and are implemented using index options on either the CFS FirstChoice Superannuation or Pension menus.
Portfolio construction & overview of asset allocation
Target Asset Allocation of the new index portfolio range is defined by the Trustee of Firstchoice. We then apply AZ Sestante’s dynamic asset allocation to construct each portfolio. For more information on AZ Sestante asset allocation process and initial portfolios, please take a look at these two documents:
Portfolio fees & costs
The estimated cost including administration, investment, and performance fees are provided below:
1. AZ Sestante Index Conservative – Super: 0.36%, Pension: 0.36%
2. AZ Sestante Index Moderate – Super: 0.36%, Pension: 0.36%
3. AZ Sestante Index Diversified – Super: 0.35%, Pension: 0.35%
4. AZ Sestante Index Balanced – Super: 0.35%, Pension: 0.35%
5. AZ Sestante Index Assertive – Super: 0.35%, Pension: 0.35%
6. AZ Sestante Index Aggressive – Super: 0.35%, Pension: 0.35%
For more information, please contact [email protected]