Grow Wrap Super

Grow Wrap Super 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 $20,000 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 Super provides access to 4 investment management option packages; the 'Essentials' package, which offers members access to over 80 managed funds and term deposits, and 3 'Optional Extras' packages, which offers access to an extended managed fund menu, Separately Managed Accounts, ASX listed securities, and ETFs. The Vanguard Growth Index Fund outperformed the SuperRatings Index over the 10 year period to 30 June 2018.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 $750,000. Additional administration fees apply for members invested in 'Optional Extras' packages. Members can apply for family discounts; however, minimum administration fees still apply.Insurance cover is available through OnePath's OneCare Super. OneCare Super offers a comprehensive range of insurance products including Life Cover, TPD Cover and Income Secure Cover which can replace up to 80% of monthly income. Members can choose between age based or averaged out premiums, with discounts offered depending on the amount insured, combination of covers and the number of lives linked under a single policy. 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.