Summary of Investment Option Fees and Costs
The table below summarises all investment management fees and indirect cost ratios that will apply for each investment option :
Fees and costs, effective May 2018
|Investment management fee % p.a.||Indirect Cost Ratio|
|Socially Responsible Balanced||0.57%||0.00%|
|Cash + Term Deposits||0.09%||0.00%|
1. Investment management fees and the Indirect cost ratios are deducted from fund assets before weekly unit prices are determined.
2. Administration fees are charged in addition to the above fees and costs. Administration fees are $1.50 per week plus 0.25% of your account balance (capped at $2,000). These fees remain unchanged. The 0.25% is deducted from fund assets before weekly unit prices are determined.
3. Exit fees - $55. This is deducted from your account when you withdraw all or part of your account balance