Colonial First State

FirstWrap

Features for your clients

Because you can control more, your clients can experience better portfolio outcomes with FirstWrap. Comprehensive investment solutions allow you to tailor the level of service you provide your clients.

FirstWrap investment choice

FirstWrap offers comprehensive choice with access to:

  • More than 250 managed funds
  • Hedge funds and private equity funds
  • All ASX-listed shares (S&P/ASX 300 for FirstWrap Super and Pension)
  • All ASX listed company issued options (ASX 300 only for super and pension)
  • Term deposits
  • Cash account
  • Panel of brokers for online share trading
  • Floats, placements, and other corporate actions
  • Integrated margin lending facility through FirstWrap Investments
  • Integrated risk insurance solution through FirstWrap Personal Super
  • Seamless transition from super to pension phases

Asset portability

Clients are able to transfer their existing investments across to FirstWrap. This, combined with the optional manual registry for external assets, gives clients a full picture of their portfolio.

Comprehensive reporting

FirstWrap provides the option of a reporting service for clients, with online investor reports available to download at any time:

  • Portfolio valuation reports
  • Transaction statements
  • Asset allocation reports
  • Performance reports
  • Income statements

Hard copy reporting is also provided to clients at regular intervals throughout the year:

  • Annual investor statement
  • Annual audit report
  • Annual tax statement
  • Quarterly portfolio report

Flexible investing options

Contributions can be added to client portfolios as required. Progressive investment or regular contribution plans are also available.

Sophisticated tax management

FirstWrap offers sophisticated tax management functionality to optimise a client’s tax position.

You can choose whether to calculate a client’s capital gains tax position based on FIFO (first in first out), LIFO (last in first out) or by parcel selection. Tax parcel selection means you can nominate which parcel of a client’s direct share and managed fund holdings to sell.