OnePath Blue Chip Imputation - Change of investment manager and lower fees

Following Yarra Capital Management Limited's (YCML) decision earlier this year to close Tyndall Asset Management (Tyndall AM), the investment team within the Yarra Capital Management Group responsible for managing OneAnswer’s OnePath Blue Chip Imputation investment option, a review was undertaken to identify a suitable replacement investment manager.

Following this review, Invesco Australia Limited (Invesco) has been appointed as the new investment manager from 23 September 2026. Invesco Australia Limited is a fully owned subsidiary of Invesco Limited. Invesco Limited is a leading independent global investment firm solely focused on investment management. Headquartered in Atlanta, USA it is listed on the New York Stock Exchange and has on-the-ground presence in more than 20 countries, serving clients in more than 120 countries. It also has 8,500 employees worldwide including more than 850 investment professionals.

Invesco was selected after a comprehensive assessment of a range of factors, including:

  • Expected risk and return outcomes,
  • the likelihood of achieving investment objectives across market cycles,
  • risk-adjusted returns relative to target market risk tolerance,
  • sequencing risk, and
  • fees and costs.

The appointment reflects Invesco's potential to deliver improved risk-adjusted returns while reducing ongoing fees and costs for investors.

On 25 September 2026, a OneAnswer PDS update will be issued reflecting a change in the investment option’s performance benchmark from the S&P/ASX 100 Total Return Index to the S&P/ASX 200 Total Return Index and a reduction in the Ongoing Fee of 0.10% per annum. For OneAnswer Frontier, this means the Ongoing Fee will reduce from 1.05% p.a. to 0.95% p.a. as well as a reduction in the estimated transaction costs. The investment option name will also be updated to OnePath Australian Shares Income across the OneAnswer product range.

We expect to communicate these changes to impacted investors in October 2026. Financial advisers with impacted clients in OneAnswer will receive further information about these changes via email before we contact their clients.

Advisers can view a list of their clients who currently hold the OnePath Blue Chip Imputation option via OneAnswer accounts by downloading a Client Portfolio Balances Report in Adviser Online Account Access.

  • Go to Account Access > Reports > Adviser Reports - Client Portfolio Balances
  • Filter by Fund Manager to find Yarra Capital Management.

Any questions?

If you have any questions or require further information regarding:

All Products other than Wholesale Investment Trusts, please:

  • call Adviser Services on 1800 804 768, weekdays between 8.30am and 6.30pm (AEST/AEDT)
  • email us at adviser@onepathsuperinvest.com.au
  • live chat with us at onepathsuperinvest.com.au
  • speak with your Business Development Manager or Relationship Training Manager