Asgard Open eWRAP Super

Asgard Open eWRAP Super 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 outperformed the relevant SuperRatings Index over the 1 year to 30 June 2018.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 or exit fees, although a buy-sell spread may apply.Asgard Open eWRAP Super accepts insurance policies from a range of providers, and premiums and relating costs are set out in the relevant PDS. The BT Protection Plan offers up to an unlimited amount of Death cover and $5 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection with a benefit period of 2 years or to age 65, covering up to 75% of salary, is available following a 30, 60 or 90 day waiting period.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