Asgard

Asgard Open eWRAP Pension

No. of members: 211940
Fund size: $22.9b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2018
Past 5-year return
-
Admin fee

$905

Calc fees on 50k

$1.5k

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

$905

Calc fees on 50k

$1.5k

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 Open eWRAP Pension was established in 2018 to service the retirement needs of members and provide an extensive investment menu. The fund is available through adviser networks and authorised holders of an Australian Financial Services Licence.Asgard Open eWRAP Super provides access to over 450 individual managed investments, as well as ASX listed securities, term deposits and cash accounts. The Advance Balanced Multi-blend 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. A minimum administration fee of $750 p.a. will be charged on account balances of $300,000 or less and is capped at $2,125 for account balances of $850,000 or over. There are no switching fees, although a buy-sell spread may apply.Asgard Open eWRAP Pension offers reasonable 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 Open eWRAP Pension was established in 2018 to service the retirement needs of members and provide an extensive investment menu. The fund is available through adviser networks and authorised holders of an Australian Financial Services Licence.Asgard Open eWRAP Super provides access to over 450 individual managed investments, as well as ASX listed securities, term deposits and cash accounts. The Advance Balanced Multi-blend 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. A minimum administration fee of $750 p.a. will be charged on account balances of $300,000 or less and is capped at $2,125 for account balances of $850,000 or over. There are no switching fees, although a buy-sell spread may apply.Asgard Open eWRAP Pension offers reasonable 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.

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    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
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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