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FirstChoice Wholesale InvestmentsSupplementary Product Disclosure Statement 16 March 2024This document is a Supplementary Product Disclosure Statement (PDS) issued by Colonial First State Investments
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A product disclosure statement (PDS) is a document that provides essential information about a financial product, including its features, benefits, risks, and costs, aimed at helping consumers make informed decisions.
Financial service providers, such as banks, insurers, and investment firms, are required to file a product disclosure statement when they offer financial products to consumers.
To fill out a product disclosure statement, the provider must gather relevant information about the product, including features, fees, risks, and terms, and present it in a clear and concise format that complies with regulatory requirements.
The purpose of a product disclosure statement is to ensure transparency and provide consumers with necessary information to evaluate and compare financial products, thereby promoting informed decision-making.
The product disclosure statement must include information such as product features, costs, benefits, risks, terms and conditions, and any other relevant details that might affect a consumer's investment decision.
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