OnePath

Grow Wrap Pension

No. of members: 919797
Fund size: $38.8b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2000
Past 5-year return
-
Admin fee

$0

Calc fees on 50k

$365

SuperRatings awards
Past 5-year return
-
Admin fee

$0

Calc fees on 50k

$365

SuperRatings awards

Pros and Cons

Pros and Cons

  • No information was provided by the fund to SuperRatings.

Summary

Grow Wrap Pension is a wrap service issued by OnePath Custodians Pty Limited and administered by Macquarie Investment Management Limited via its Wrap Platform. It is designed for investors with a minimum of $50,000 to invest and can only be accessed through the appointment of a financial adviser who can tailor an investment strategy on behalf of clients. Grow Wrap Pension provides access to 4 investment management option packages; the 'Essentials' package, which offers members access to approximately 100 managed funds and term deposits, and 3 'Optional Extras' packages, which offers access to an extended managed fund menu, Separately Managed Accounts, listed securities, and ETFs. Performance history is not available for this product.Fees are competitive and lower than the industry average across all account balances assessed, with the asset- based administration fee waived on account balances over $750K. Additional administration fees apply for members invested in 'Optional Extras' packages. Members can apply for family discounts; however, minimum administration fees still apply. Grow Wrap Pension provides good flexibility, with members having the ability to receive payments monthly through to annually on a date set by the fund. Beneficiary options include non-lapsing binding death benefit nomination and reversionary pensions. Grow Wrap offers members a secure Online Portal where they can view their account details and perform transactions. Members with linked accounts can access group portfolio valuation and group asset allocation, and will still be able to view individual group member reports.

Features and Fees

OnePath Fees and Features

    Pros and Cons

    • No information was provided by the fund to SuperRatings.

    Grow Wrap Pension is a wrap service issued by OnePath Custodians Pty Limited and administered by Macquarie Investment Management Limited via its Wrap Platform. It is designed for investors with a minimum of $50,000 to invest and can only be accessed through the appointment of a financial adviser who can tailor an investment strategy on behalf of clients. Grow Wrap Pension provides access to 4 investment management option packages; the 'Essentials' package, which offers members access to approximately 100 managed funds and term deposits, and 3 'Optional Extras' packages, which offers access to an extended managed fund menu, Separately Managed Accounts, listed securities, and ETFs. Performance history is not available for this product.Fees are competitive and lower than the industry average across all account balances assessed, with the asset- based administration fee waived on account balances over $750K. Additional administration fees apply for members invested in 'Optional Extras' packages. Members can apply for family discounts; however, minimum administration fees still apply. Grow Wrap Pension provides good flexibility, with members having the ability to receive payments monthly through to annually on a date set by the fund. Beneficiary options include non-lapsing binding death benefit nomination and reversionary pensions. Grow Wrap offers members a secure Online Portal where they can view their account details and perform transactions. Members with linked accounts can access group portfolio valuation and group asset allocation, and will still be able to view individual group member reports.

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    OnePath Fees and Features

      Fund fees vs. Industry average
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      Fund past-5-year return vs. Industry average
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      ALTERNATIVES
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      Past 5-year return
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      Calc fees on 50k
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