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netwealth Super Wrap - Employer Sponsored Super

Past 5-year return
7.14%
Admin fee
$0
Calculated Fees on 50k
$859
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The only fully customisable pay-for-what-you-use platform.
Lower and fairer costs.
A platform for life that is designed to be adaptable to your changing investment needs.
Save time with unique features and functionality.
Auto Reversionary Nominations for new and existing accounts to assist with deeming rule changes.
netwealth Super Wrap was established in 2002. This product is no longer accepting applications for new members; however, continues to service existing members. The fund was a finalist for the 2019 Rising Star award, in recognition of consistent improvements to its product offerings.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 the 5 years to 30 June 2018; 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, exit fees and other transaction fees may apply.netwealth Super Wrap's insurance offering allows eligible members to apply for up to $10 million of Death cover and up to $5 million of TPD cover, subject to individual consideration by the insurer. 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 100% of the pre-disability income, is available following a 30, 60 or 90 day waiting period. 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.

Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.97%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.75%
Exit fee
Exit fee
$62
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.97%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.75%
Exit fee
Exit fee
$62
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
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FAQs

A superannuation fund is an institution that is legally allowed to hold and invest your superannuation. There are more than 200 different superannuation funds in Australia. They come in five different types:

  • Retail funds
  • Industry funds
  • Public sector funds
  • Corporate funds
  • Self-managed super funds

Retail funds are usually run by banks or investment companies.

Industry funds were originally designed for workers from a particular industry, but are now open to anyone.

Public sector funds were originally designed for people working for federal or state government departments. Most are still reserved for government employees.

Corporate funds are arranged by employers for their employees.

Self-managed super funds are private superannuation funds that allow people to directly invest their money.

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