Macquarie Wrap Solutions has added six funds to its investment and superannuation/pension manager services and negotiated fee rebates on four.
The funds are the Aberdeen International Equity Fund, BT Wholesale Asian Share Fund, Goldman Sachs JB Were Global Spectrum Fund, Investors Mutual Limited (IML) Small Cap Fund, Opus Income and Capital Fund No 21 and Arrowstreet Global Equity Fund.
"Through these additions, Macquarie Wrap users will now have exclusive access to IML's latest small cap fund. IML has a very strong following among boutique adviser groups," Macquarie head of wrap product Doug Chang said.
Fee rebates for investors have been negotiated with the Aberdeen, Goldman Sachs JB Were, 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.
