Macquarie Wrap Solutions has added six funds to its investment and superannuation manager services and negotiated fee rebates on four.
The funds are the Aberdeen International Equity Fund, BT Wholesale Asian Share Fund, Goldman Sachs JBWere Global Spectrum Fund, Investors Mutual Limited (IML) Small Cap Fund, Opus Income and Capital Fund No 21, and Arrowstreet Global Equity Fund.
"Macquarie Wrap users will now have exclusive access to IML's latest small cap fund," Macquarie head of wrap product Doug Chang said.
Fee rebates for investors have been negotiated with the Aberdeen, Goldman Sachs JBWere, IML and Opus funds, which will be passed back to clients via a reduction in wrap administration fees.
This will add to the $500,000 Macquarie refunds to clients each quarter through its reduced fees.
