How they work

  • 4 key facts

    • Managed funds provide an opportunity to pool your money with other investors to access a wide range of investment opportunities
    • You can invest for capital growth or regular income
    • Specialist investment managers invest according to the fund’s objective and strategy
    • You can start investing with as little as $1,000

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Why invest in managed funds?

  • Diversification

    Look beyond Australian markets and access a range of global investment strategies.

  • Unique opportunities

    Access investment opportunities not always available to individual investors.

  • Growth

    Make regular contributions or reinvest income to build your investment.

  • Experience

    Access the expertise of professional and experienced fund managers.


Investing solutions

FirstChoice Wholesale Investments

Access a wide range of managed funds across different asset classes all in one place.

Managed Funds for your SMSF

Access global investments and diversify your SMSF with the help of Colonial First State.


Comprehensive investment choice, convenience and flexibility through one account.

Help grow your investments

A financial planner can help you to review or establish your investment portfolio, matched to your personal financial goals.

Related products

Exchange Traded Funds (ETFs)

Combine the investment advantages of a managed fund with the ease of share trading.

Share Trading

Trade Australian and international shares through CommSec.

Commonwealth Direct Investment Account

The ideal place to grow your investment funds while you plan your next move.

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Things you should know

  • The information contained may include general advice but does not take into account the investment objectives, financial situation and needs of any particular individual. You should assess with the help of legal, financial and taxation advice, whether the information is appropriate in light of your own circumstances before acting on it.

    Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the responsible entity and issuer of products made available under FirstChoice Investments and FirstChoice Wholesale Investments. CFSIL is also the Investor Directed Portfolio Service (IDPS) operator, administrator and custodian of the Avanteos Wrap Account Service which includes FirstWrap Plus Investments and FirstWrap Investments (closed to new investors 28 March 2011).

    This information on this webpage may include general advice but does not take into account your individual objectives, financial situation, needs or tax circumstances. The Target Market Determinations (TMD) for our financial products can be found at, which include a description of who a financial product might suit. You should read the relevant Product Disclosure Statement (PDS) and Financial Services Guide (FSG) carefully, assess whether the information is appropriate for you, and consider talking to a financial adviser before making an investment decision. You can get the PDS and FSG at or by calling us on 13 13 36.

    © Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945.  CommSec is a Market Participant of ASX Limited and Cboe Australia Pty Limited (formerly CHI-X Australia Pty Limited), a Clearing Participant of ASX Clear Pty Limited and a Settlement Participant of ASX Settlement Pty Limited.  You can view the CommSec Share Trading Terms and Conditions (PDF) and our Financial Services Guide (PDF) and should consider them before making any decision about these products and services.