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Macquarie Wrap - Pension Manager

Past 5-year return
New fund
Admin fee
$0
Calculated Fees on 50k
$870
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Extensive investment menu including direct listed securities investments.
Holding-based pricing.
Rich adviser functionality.
Premium service.
Individual tax processing.
Macquarie Wrap Pension Manager is part of the Manager suite of Wrap products offered by Macquarie Investment Management Limited and is designed for members who have advisers to assist them with personal advice in respect to their investments. An initial investment of $50,000 is required to commence membership.Macquarie Wrap offers an excellent range of investment options, including over 500 managed investments, Australian listed securities, a variety of term deposits and Separately Managed Account (SMA) Model Portfolios. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.Fees are higher than the industry average across small account balances; however, remain competitive across medium and large account balances assessed. The administration fee applies to holdings in each investment, with a reduced administration fee applicable to balances over $50,000. An additional SMA administration fee may apply for holdings in SMA investments. The fund does not charge an exit fee, although an investment switching fee and buy-sell spread may apply.Macquarie Wrap Pension Manager offers good pension flexibility with members able to select from monthly through to yearly payment frequencies. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions and child pensions.Members and their adviser can track investments and access comprehensive reports online, while online trading is also available to advisers. Additionally, members have access to an automatic rebalancing facility to ensure their account stays in-line with their investment strategy.
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Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.77%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.97%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$21
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.77%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.97%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$21
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
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Past 5-year return
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Calculated Fees on 50k
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