|
|
|
|
|
 |
|
Personal Choice eWRAP Investment consolidates all the transaction reporting from various fund managers and companies, providing you with continuous online access to consolidated account information and a single comprehensive annual tax report. Investors can now access the benefits of the Personal Choice eWRAP Investment, direct without a financial adviser by utilising our low cost transaction service.
Investment Choice & Flexibility
Access over 300 wholesale and boutique managed funds, typically unavailable for investment to retail investors and at wholesale investment fees and invest in ASX listed securities. Managed investments can be purchased for as little as $100 per fund and investors can set up a Regular Buy facility for as little as $100 per month to help you reach your investment goals sooner.
Personal Choice eWRAP Investment gives you the choice of two cash accounts:
- eCASH account: is an online cash account with higher interest paid and no transaction fees
- CASH Connect account: is a standard linked bank account with cheque book access, branch access and optional debit card.
Competitive Fee Structure and Fee Rebates
Personal Choice eWRAP Investment have lower administration fees than the Asgard eWRAP. In addition, administration fees are capped at $3million. 2020 DIRECTINVEST will waive all entry and exit fees and we do not charge ongoing adviser service fees.
Asgard have negotiated management fee rebates with a number of investment managers. These rebates range up to 40% of the fund manager's fee charged and is passed on to the investor in full.
Administration Fees
|
| |
Managed investments only Fee |
Shares only Fee |
| First $100,000 |
0.8014% pa |
0.86% pa |
| Next $150,000 |
0.5964% pa |
0.64% pa |
| Next $500,000 |
0.3075% pa |
0.33% pa |
| Next $2,250,000 |
0.1025% pa |
0.11% pa |
| Over $3,000,000 |
NIL |
NIL |
|
If you hold both managed investments and shares through your account, the actual effective percentage administration fee charged will range between the percentages shown in the two columns depending on the respective values of the managed investments and shares that you hold. The minimum monthly administration fee is based on a balance of $100,000
|
Asset transfers
Transfer managed investments that you hold through another Investor Directed Portfolio Service (IDPS) provider into your eWRAP Investment account without a change in beneficial ownership (provided the assets are on the Personal Choice eWRAP Available Products List). You can also transfer shares that you already own into your eWRAP Investment account.
Margin Lending
Set up an optional linked St George Margin Lending account to take advantage of the 0.40% interest rate discount available through 2020 DIRECTINVEST and gear your investments.
| Fee Disclosure |
2020 DIRECTINVEST may receive a percentage of the administration fee paid on Personal Choice eWRAP accounts. This is based on a volume bonus paid to participating dealer groups by Personal Choice Portfolio Services Pty Ltd and ranges from 0.045% -0.31%. This is paid from the eWRAP administration fees and is NOT an additional charge to the investor. 2020 DIRECTINVEST may also receive a trailing commission of 0.25% pa on the balance of your cash account. This is paid by Asgard and is NOT an additional charge to the investor.
|
 | Personal Choice eWRAP Investment Product Disclosure Statement |  | Personal Choice eWRAP Investment Product Disclosure Statement | | Personal Choice eWRAP Investment - At A Glance | | Personal Choice eWRAP Investment Available Investment Options | | Personal Choice eWRAP Margin Lending Guide & Application |
|
|
|
|
|
| Risk Advice | Not sure about the right level of risk cover? Life insurance advice with commission rebates. more info
|
| Travel Insurance | Annual business travel insurance for as little as $381.50. Unlimited domestic and international trips. more info
|
|