RaboPlus has dropped the 0.75 per cent entry fee on all managed funds until December 31, 2008.
RaboPlus customers can now access a selection of wholesale managed funds from AMP, BlackRock, Challenger, Colonial, Schroders, Tyndall and UBS online, with no RaboPlus fees and only $250 required as a minimum investment.
"We have been listening to feedback from our customers in recent months, and we feel it is important that we help to ease the burden for them during this incredible period of volatility in the global economy," RaboPlus senior manager of investments and managed funds Tim Hewson said.
"We are focused on delivering our customers administrative convenience, consolidation and control, and now we offer them the most cost-efficient means to access managed funds in the market."
RaboPlus is a division of Rabobank Australia.
