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  5. FirstChoice Wholesale Pension - WaveStone TTR Australian Share - Managed fund profile

FirstChoice Wholesale Pension - WaveStone TTR Australian Share - Managed Fund

Fund Objective
The option aims to outperform the S&P/ASX 300 Accumulation Index before fees; costs and taxes over rolling three-year periods.
Fund Strategy
WaveStone is an active investment manager that places primary emphasis on bottom-up stock picking through comprehensive research; instead of targeting a market index exposure. WaveStone's investment approach focuses on companies which WaveStone believe exhibit Sustainable Competitive Advantage (SCA).

Fund Performance Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1% 3.92% 5.63% 5.75% 9.26% 9.14% 10.64% -%
Growth return 1% 3.92% 5.63% 5.75% 9.26% 9.14% 10.64% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

FirstChoice Wholesale Pension - WaveStone TTR Australian Share
Australian Equities
84.47%
International Equities
9.22%
Cash
6.31%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.72%
International Equities
4.82%
Cash
-0.78%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
FirstChoice Wholesale Pension - WaveStone TTR Australian Share
FSF8648AU
Equity Australia Large Blend
star (as at 31 Aug 2025)
Allocated Pension
9 Jun 2018
$0.43 million (as at 31 Aug 2025)
$1.6692 (as at 17 Sep 2025)
$1.6642 (as at 17 Sep 2025)
Open
Offer information
Type Description
MER 1.05% (as at 28 Aug 2025)
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2025)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000

Top 10 holdings (as at 28 Feb 2025)

Holding (as at 28 Feb 2025) Type % of Portfolio
BHP Group Ltd Equity 8.15%
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FAQs about the FirstChoice Wholesale Pension - WaveStone TTR Australian Share

The objective of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund is The option aims to outperform the S&P/ASX 300 Accumulation Index before fees; costs and taxes over rolling three-year periods.

The strategy of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund is WaveStone is an active investment manager that places primary emphasis on bottom-up stock picking through comprehensive research; instead of targeting a market index exposure. WaveStone's investment approach focuses on companies which WaveStone believe exhibit Sustainable Competitive Advantage (SCA).

The APIR code of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund is FSF8648AU.

FirstChoice Wholesale Pension - WaveStone TTR Australian Share’s total return last month was 1%. This was made up of a growth return of 1% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

FirstChoice Wholesale Pension - WaveStone TTR Australian Share’s total return for the last three months was 3.92%. This was made up of a growth return of 3.92% and an income return of 0%%. These returns were calculated as at 31 Aug 2025.

FirstChoice Wholesale Pension - WaveStone TTR Australian Share’s one-year total return is 5.75%. This was made up of a growth return of 5.75% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

FirstChoice Wholesale Pension - WaveStone TTR Australian Share’s one-year total return is 9.14%. This was made up of a growth return of 9.14% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund is :

Australian Equities
84.47%
International Equities
9.22%
Cash
6.31%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Aug 2025, the size of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund was $0.43 million.

The FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund has an inception date of 9 Jun 2018.

The current entry price of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund is $1.6692 per unit and the current exit price is $1.6642 per unit (as at 17 Sep 2025).

The current exit price of the FirstChoice Wholesale Pension - WaveStone TTR Australian Share managed fund is $1.6642 per unit and the current entry price is $1.6692 per unit (as at 17 Sep 2025).

The minimum initial investment amount for the FirstChoice Wholesale Pension - WaveStone TTR Australian Share 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.