2020 DIRECTINVEST offer 100% rebate of entry fees on managed funds, super and pension funds and up to 100% rebate on sales commissions.
Application forms from the 2020 DIRECTINVEST website contain our dealer stamp for entry fee and commission rebates. The type of rebate we offer depends on the type of commission paid by the fund manager. Rebates vary from product to product and we will disclose this to you on the product web page. Find out
How to Invest.
Types of commissions paid to financial advisers
Entry fees
An entry fee is an upfront fee deducted from your initial investment and additional investments.
Entry fees reduce the actual amount of money invested.
Entry fee rebates offer investors the opportunity to maximise their investments.
|
Sales fees / commissions
Sales commissions are paid from the fund manager's own resources each time you invest.
Sales commissions have no impact on actual money invested.
Sales fee rebates are essentially an opportunity to receive a discount on your investment. |
Why invest through 2020 DIRECTINVEST?
| Entry fee rebate |
|
Investing via adviser^ |
Invest via 2020
|
| Initial Investment |
$10,000 |
$10,000 |
| 4% Entry Fee |
$400 paid to adviser |
Nil - 100% rebated as additional units |
| Amount Invested |
$9,600 |
$10,000
|
^ Entry fees are usually deducted and retained by the fund manager when you invest directly with them.
| Sales commission rebate |
|
Investing via adviser^ |
Invest via 2020
|
| Initial Investment |
$10,000 |
$10,000 |
| 4% sales fee |
$400 - paid to adviser |
$400 - 100% cash rebate
|
| Amount invested |
$10,000 |
$10,000
|
| Cost of investment |
$10,000 |
$9,600 |
^ Sales commissions are usually retained by the fund manager when you invest directly with them.
Types of rebates
Additional units
How it's paid
Receive extra units equal to the commission charge that would otherwise be paid to 2020 as an upfront commission.
When it's paid
Entry fees rebated as additional units are paid at the time of investment as the fund manager will process the rebate automatically.
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Cash
How it's paid
Rebates will be paid in the form of a cheque once commission has been received from the relevant fund manager.
When it's paid
2020 DIRECTINVEST will post rebate cheques within 2 weeks of receiving the commission payment.* |
*Rebate cheques: Close-ended investment funds will usually pay commissions 4-6 weeks after the offer closes. Commissions for ongoing investment funds are generally paid the month after an investment is made.