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PDS re-issue

COLONIAL has re-issued its FirstChoice prospectus, now called a product disclosure document under the new Australian Financial Services reform.

FirstChoice is a master trust offering more than 50 investment options over several of Australia’s fund managers.

One of the new funds introduced into FirstChoice is Colonial First State’s 452 Australian Share fund, managed by 452 Capital. 452 Capital was established late last year by ex-Perpetual manager Peter Morgan and ex-Goldman Sachs banker Warwick Negus.

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