Macquarie Wrap - Super Manager
- Last updated on 09 Aug 2020
QSuper Lifetime
Pay no transaction or switching fees and enjoy a range of different investment options
$0
$530
Macquarie Wrap Super Manager 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 $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 Vanguard Growth Index Fund outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.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. An additional SMA administration fee may apply for holdings in SMA investments. The fund charges an investment switching fee and a buy-sell spread may also 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.
Admin fee $0 | Health insurance |
Administration fee (%) 0.77% | Binding nominations |
Indirect cost ratio (%) | Anti-detriment payments |
Exit fee $0 | Switching fee $0 |
Financial planning service | Employer size discount |
Credit cards | Home loans |
Insurance life event increases | Non-lapsing binding nominations |
Investment fee 0.29% | Long term income protection |
Account size discount |
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | |
|---|---|---|---|---|---|---|---|---|
6.38% | $0 | Macquarie SuperOptions - Super Plan | $955 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
5.68% | $528 | Macquarie Wrap - Super Consolidator 2 | $823 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
5.68% | $396 | Macquarie Wrap - Super Manager 2 | $541 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
5.68% | $696 | Macquarie Wrap - Super Consolidator | $841 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
5.68% | $0 | Macquarie Wrap - Super Manager | $530 | Advisory services Death insurance |