Netwealth Super Wrap Standard Income Stream was established in 2002. This product is no longer accepting applications for new members; however, continues to service existing members. Netwealth Super Wrap offers an extensive range of diversified and single sector managed funds, securities from local and international exchanges, Separately Managed Accounts (SMA) and selected term deposits. The Active Growth option underperformed the relevant SuperRatings Index over each assessed time period to 30 June 2020; however, the extensive investment menu means returns will vary depending on the option and manager selected.Fees are higher than the industry average across all account balances assessed. The fund does not charge switching fees; however, other transaction fees may apply.Netwealth Super Wrap Standard Income Stream offers excellent pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pensions or binding lump sum death benefits.The fund offers a sophisticated range of portfolio management tools and investment research, which can be viewed across multiple mobile devices. The platform offers interactive performance charting and accessible reporting and tax statement capability for greater transparency.

Read More