FirstChoice Wholesale Pension - Mutual TTR Income - Managed Fund

Fund Objective

Mutual’s investment process is based on using bottom-up fundamental analysis to determine the relative value and appropriateness of the various Australian bank bonds available within the market. The cornerstone of Mutual’s investment philosophy is security with performance. The Manager's research process places its emphasis on mitigating downside risks by attempting to provide investors with a high level of capital preservation and outperforming the Bloomberg Index, while generating excess net cash returns to investors.

Fund Strategy

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.52%	1.01%	2.29%	4.07%	2.01%	-%	-%	-%
Growth return	0.11%	0.92%	1.97%	4.03%	2.07%	-%	-%	-%
Income return	0.41%	0.09%	0.32%	0.04%	-0.06%	-%	-%	-%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return	0.23%	0.17%	2.11%	4.26%	3.6%	3.34%	-0.43%	1.81%

As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstChoice Wholesale Pension - Mutual TTR Income

Cash: 1.17%

Fixed Interest: 98.83%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 4.41%

Fixed Interest: 93.65%

Australian Equities: -0.33%

International Equities: -0.32%

Property & Infrastructure: 0.27%

Alternatives: 2.32%

General Information

Fund Details

Type	Description
Fund Name	FirstChoice Wholesale Pension - Mutual TTR Income
Responsible Entity	Colonial First State Investments Limited
APIR Code	AIL1267AU
Sector/Asset Class	Diversified Credit
Morningstar Rating	Not Rated
Legal Structure	Allocated Pension
Fund Inception	22 May 2023
Fund Size	$340408 million (as at 31 Dec 2025)
Entry Price	$1.0415 (as at 6 Feb 2026)
Exit Price	$1.0415 (as at 6 Feb 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.63% (as at 22 Nov 2025)
Indirect Cost Ratio (ICR)	0.64% (as at 30 Jun 2025)
Minimum initial investment	$20,000

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025)	Type	% of Portfolio
Commonwealth Bank of Australia	Bond - Corporate Bond	5.88%
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FAQs about the FirstChoice Wholesale Pension - Mutual TTR Income

What is the objective of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The objective of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is Mutual’s investment process is based on using bottom-up fundamental analysis to determine the relative value and appropriateness of the various Australian bank bonds available within the market. The cornerstone of Mutual’s investment philosophy is security with performance. The Manager's research process places its emphasis on mitigating downside risks by attempting to provide investors with a high level of capital preservation and outperforming the Bloomberg Index, while generating excess net cash returns to investors.

What is the strategy for the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The strategy of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is Mutual’s investment process is based on using bottom-up fundamental analysis to determine the relative value and appropriateness of the various Australian bank bonds available within the market. The cornerstone of Mutual’s investment philosophy is security with performance. The Manager's research process places its emphasis on mitigating downside risks by attempting to provide investors with a high level of capital preservation and outperforming the Bloomberg Index, while generating excess net cash returns to investors.

What is the APIR code of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The APIR code of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is AIL1267AU.

What was FirstChoice Wholesale Pension - Mutual TTR Income’s total return last month?

FirstChoice Wholesale Pension - Mutual TTR Income’s total return last month was 0.52%. This was made up of a growth return of 0.11% and an income return of 0.41%. These returns were calculated as at 31 Jan 2026.

What was FirstChoice Wholesale Pension - Mutual TTR Income’s total return for the last three months?

FirstChoice Wholesale Pension - Mutual TTR Income’s total return for the last three months was 1.01%. This was made up of a growth return of 0.92% and an income return of 0.09%%. These returns were calculated as at 31 Jan 2026.

What is FirstChoice Wholesale Pension - Mutual TTR Income’s one-year total return?

FirstChoice Wholesale Pension - Mutual TTR Income’s one-year total return is 4.07%. This was made up of a growth return of 4.03% and an income return of 0.04%. These returns were calculated as at 31 Jan 2026.

What is FirstChoice Wholesale Pension - Mutual TTR Income’s three-year total return?

FirstChoice Wholesale Pension - Mutual TTR Income’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2026.

What is the asset allocation of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The asset allocation of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is :

Cash: 1.17%

Fixed Interest: 98.83%

Australian Equities: 0%

International Equities: 0%

Property & Infrastructure: 0%

Alternatives: 0%

Who is the responsible Entity of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The Responsible Entity for the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is Colonial First State Investments Limited.

What sector/asset class does the FirstChoice Wholesale Pension - Mutual TTR Income managed fund belong to?

The FirstChoice Wholesale Pension - Mutual TTR Income managed fund belongs to the Diversified Credit sector/asset class.

What is the size of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

As at 31 Dec 2025, the size of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund was $340408 million.

What is the inception date of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The FirstChoice Wholesale Pension - Mutual TTR Income managed fund has an inception date of 22 May 2023.

What is the current entry price of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The current entry price of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is $1.0415 per unit and the current exit price is $1.0415 per unit (as at 6 Feb 2026).

What is the current exit price of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The current exit price of the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is $1.0415 per unit and the current entry price is $1.0415 per unit (as at 6 Feb 2026).

What is the minimum investment amount for the FirstChoice Wholesale Pension - Mutual TTR Income managed fund?

The minimum initial investment amount for the FirstChoice Wholesale Pension - Mutual TTR Income managed fund is $20,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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