Asgard

Asgard eWRAP Allocated Pension Account

No. of members: 211940
Fund size: $22.9b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2003
Past 5-year return
-
Admin fee

$975

Calc fees on 50k

$1.6k

SuperRatings awards
Highlighted
7.15%

$117

AustralianSuper

$472

Advisory services
Death insurance
Income protection
Online access
Term deposits
Variety of options
Go to site
Past 5-year return
-
Admin fee

$975

Calc fees on 50k

$1.6k

SuperRatings awards

Pros and Cons

Pros and Cons

  • Advanced online transaction features for advisers.
  • High quality online client portfolio management tools.
  • Fee cap on administration fees.
  • Administration fee not charged on funds in Cash Account.
  • Fund manager rebates passed onto investors.

Summary

Asgard eWRAP Allocated Pension Account was established in 2003 to service the retirement needs of members from a wide range of industries. The fund is available through adviser networks and authorised holders of an Australian Financial Services Licence.Asgard eWRAP Allocated Pension Account provides access to over 530 individual managed investments, as well as ASX listed securities, term deposits and cash accounts. The Advance Balanced Multiblend option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.Fees are higher than the industry average across all account balances assessed. The administration fee is tiered and will decrease from $100,000 and will not be charged after $3 million. A minimum balance of $2,000 must be held in a cash account to facilitate various account transactions. Any associated cash account interest charges have not been included in the calculated fees below. There also are no switching fees, although a buy-sell spread may apply. Asgard eWRAP Allocated Pension Account offers a reasonable level of pension flexibility, with members able to select from monthly, quarterly and yearly payment frequencies. Members may also select from binding and non-binding death nomination, as well as reversionary pensions.Members have access to detailed account information via the Investor Online facility. The fund also provides financial advisers with a range of sophisticated portfolio management and administrative features, as well as real-time reporting for greater transparency.

Features and Fees

Asgard Fees and Features

    Pros and Cons

    • Advanced online transaction features for advisers.
    • High quality online client portfolio management tools.
    • Fee cap on administration fees.
    • Administration fee not charged on funds in Cash Account.
    • Fund manager rebates passed onto investors.

    Asgard eWRAP Allocated Pension Account was established in 2003 to service the retirement needs of members from a wide range of industries. The fund is available through adviser networks and authorised holders of an Australian Financial Services Licence.Asgard eWRAP Allocated Pension Account provides access to over 530 individual managed investments, as well as ASX listed securities, term deposits and cash accounts. The Advance Balanced Multiblend option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.Fees are higher than the industry average across all account balances assessed. The administration fee is tiered and will decrease from $100,000 and will not be charged after $3 million. A minimum balance of $2,000 must be held in a cash account to facilitate various account transactions. Any associated cash account interest charges have not been included in the calculated fees below. There also are no switching fees, although a buy-sell spread may apply. Asgard eWRAP Allocated Pension Account offers a reasonable level of pension flexibility, with members able to select from monthly, quarterly and yearly payment frequencies. Members may also select from binding and non-binding death nomination, as well as reversionary pensions.Members have access to detailed account information via the Investor Online facility. The fund also provides financial advisers with a range of sophisticated portfolio management and administrative features, as well as real-time reporting for greater transparency.

    Read More

    Asgard Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      HIGH GROWTH
      CONSERVATIVE BALANCE
      DIVERSIFIED FIXED INTEREST
      GROWTH
      AUSTRALIAN SHARES
      CAPITAL STABLE
      PROPERTY
      CASH
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
      Go to site