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Investment Opportunities > Wrap Accounts > Personal Choice eWRAP


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 eWRAP is a badged version of the award winning Asgard eWRAP with the same investment menu but lower administration fees than the standard Asgard eWRAP.

Personal Choice eWRAP is uniquely available for investment through 2020 DIRECTINVEST on a non-advice, transaction-only basis.

Key Features

  • Investment flexibility and choice: menu of hundreds of wholesale managed funds, ASX shares and term deposits. 
  • Competitive fee structure: one of the lowest cost wrap accounts in the market and with administration fees capped at $3 million.
  • Consolidated reporting and easy access: consolidated portfolio and transaction reporting via continuous online access.
  • Easy transacting: Investments are easily bought by submitting a transaction form to 2020's client services desk.





Manage your investments in a consolidated portfolio.
Manage your retirement savings with an award-winning platform.


How the Personal Choice eWRAP works through 2020 DIRECTINVEST

2020's client services team will help you buy/sell investments, make amendments to your account and answer general questions. We charge a low cost of $11 flat fee per transaction in helping you manage your account. We don’t charge any entry (or rollover) fees, exit fees or ongoing adviser service fees, our flat fee transaction service provides you with full control and allows you to separate product from financial advice.

Buying and selling investments requires completing our order form, our service delivery standards are to process buy and sell requests on receipt and to process all other account requests on the same day (during office hours) we receive your instructions.

Existing Wrap Investments

Migration from another eWRAP account

Investors with an existing Asgard eWRAP investment, superannuation or pension account (or an account with another badged version of the eWRAP platform) can take advantage of the lower Personal Choice admin fees and 2020's transaction only service by migrating their account to a Personal Choice eWRAP using the Migration Form downloadable at the bottom of this page). The lower administration fee will automatically take effect and we will immediately remove entry, exit and ongoing adviser fees that you were previously paying.

*Excludes some badges

Nominating 2020 DIRECTINVEST as the servicing adviser

If you have an existing Personal Choice eWRAP account and wished to access it through 2020's transaction-only model you can complete the Change of Adviser Form downloadable at the bottom of this page. We charge a one-off $150 (plus GST) establishment fee, deducted from your Cash Account once you are set up with 2020. Dealer groups that form Personal Choice Portfolio Services P/L receive a percentage of the administration fee paid on accounts which your original servicing adviser will continue to receive once 2020 becomes the servicing adviser. For this reason we will charge an establishment fee to cover the cost of setting up your account with us. As the servicing adviser we will remove any entry fees, exit and ongoing adviser servicing fees.

In specie transfer from another wrap account

If you have an investment wrap account with another wrap account provider, it may be possible to in specie transfer your existing investments without having to sell them. Please contact our office if you would like further information on moving managed funds and shares held through another wrap account to a Personal Choice eWRAP account.


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