Personal Choice eWRAP is an intelligent and comprehensive wrap platform which streamlines the management of investments whilst providing the ability to maintain a diverse and flexible investment account by reducing administration burden.
Through 2020 DIRECTINVEST, investors are able to access a direct wrap account without a financial adviser - and without the adviser service fees that undermine the cost-effectiveness of wrap platforms. We recommend consulting a financial planner on a fee for service basis where necessary, and then remain free to implement investments without adviser service fees that last the life of the investment.
Personal Choice eWRAP Investment, Super & Pension
The Personal Choice eWRAP platform is a single, easy-to-use wrap account which gives investors access to cash, term deposits, margin lending (Investment account only), managed investments and shares. Personal Choice is available as
It is a badged version of the Asgard eWRAP and has the same investment menu with lower administration fees.
| Investors with an existing Asgard eWRAP investment, superannuation or pension account (or an account with another badged version of the eWRAP platform) are able to migrate their account to a Personal Choice eWRAP account through 2020 DIRECTINVEST - please contact our office if you would like to find out more. |
Competitive fee structure
The Personal Choice eWRAP is one of the lowest cost wrap accounts in the market and has lower administration fees than the Asgard eWRAP. Fees are capped at $3 million and Asgard has negotiated management fee rebates with a number of investment managers ranging up to 40% of the fee charged which are passed onto investors.
Separate product from financial advice
2020 DIRECTINVEST offers Personal Choice eWRAP with no entry fees, exit fees or ongoing adviser service fees. Instead we charge a flat fee if and when you transact, providing you with full control and allows you to separate product from financial advice.
Consolidated reporting and easy access
Personal Choice eWRAP provides investors with a total solution to achieve their investment goals. Investors have access to consolidated portfolio and transaction reporting from the various investment managers and listed entities you are invested with, via continuous online access available 24 hours a day, 7 days a week.
Flexibility & Easy transacting
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. Please note the suggested minimum investment for Personal Choice eWRAP is $100,000. You may invest with less but minimum fees are charged based on a $100,000 balance.
For More information
| Fee Disclosure |
| 2020 DIRECTINVEST may receive a percentage of the administration fee paid on Personal Choice eWRAP accounts. 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 0.30% pa on the balance of your cash account. This is paid by Asgard and is NOT an additional charge to the investor. |