Macquarie Wrap - Super Consolidator

Macquarie Wrap Super Consolidator is part of the Consolidator 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 $20,000 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. The Macquarie Master Balanced Fund outperformed the SuperRatings Index over the 10 years to 30 June 2018; however, underperformed over the shorter term.Fees are higher than the industry average across all account balances assessed; however, a reduced administration fee applies to account balances over $200,000. Additional SMA administration and Cash Hub fees may apply. The fund does not charge an exit fee, although an investment switching fee and buy-sell spread may apply.Members have access to a full suite of insurance cover, which is available through one or more insurance providers, including Death and Terminal Illness, Total and Permanent Disability and Income Protection. Premiums are tailored on an individual basis, and we are therefore unable to provide an accurate assessment at this time.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.