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Macquarie Bank

Macquarie Wrap - Pension Manager 2

Vanguard Growth Index Fund

Past 5-year return
-

% p.a

Admin fee

$396

Calc fees on 50k

$559

SuperRatings awards
SuperRatings Silver 2022 Pension
Past 5-year return
-

% p.a

Admin fee

$396

Calc fees on 50k

$559

SuperRatings awards
SuperRatings Silver 2022 Pension

Quick pension fund review

For Macquarie Wrap - Pension Manager 2

These are the benefits of this pension fund.

  • Extensive investment menu including direct listed securities investments.
  • Rich adviser functionality.
  • Premium service.

Macquarie Wrap Pension Manager 2 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 $10,000 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 lower than the industry average across all account balances assessed. The administration fee applies to holdings in each investment, with a reduced administration fee applicable to balances over $50,000, subject to a minimum administration fee. An additional Cash Hub administration fee may apply. The fund does not charge an investment switching fee; however, a buy-sell spread may apply.Macquarie Wrap Pension Manager offers excellent 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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Pension fund overview

For Macquarie Wrap - Pension Manager 2

TMD

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$396

Administration fee (%)

0.04%

Switching fee

$0

Investment fee

Indirect cost ratio (%)

0.29%

Exit fee

$0
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Target Market Determination

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Fund fees vs. Industry average
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INDUSTRY AVERAGE
Fund past-5-year return vs. Industry average
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INDUSTRY AVERAGE
Investment allocation
INTERNATIONAL SHARES
AUSTRALIAN SHARES
PROPERTY
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FIXED INTEREST
CASH
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Investment option performance
DIVERSIFIED FIXED INTEREST
AUSTRALIAN SHARES
CAPITAL STABLE
CASH
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