Investors who picked the core offering, which includes 11 managed funds and a cash account, would pay an account fee of $75.
The first $750,000 on the wrap would incur an administration fee of 0.30 per cent, and amounts above that will not be charged an administration fee. Optional features, such as the select menu of around 80 funds, would cost an extra 15 basis points, while the full menu of about 400 products would cost an extra 0.20 per cent. The ability to invest in direct equities would cost another 10 basis points, while the gearing option has a charge of five basis points.
