BT Wrap and BT SuperWrap
Managing your investments and superannuation can be both time-consuming and frustrating. Even the simplest investment portfolio can involve a number of different investments with different managers, that each generates numerous transaction confirmations, statements, tax summaries and end of year reports.
So, what’s the solution? One popular approach is to invest using an investment portfolio management account or ‘Wrap’ account, which ‘wraps’ all your investments into one easy-to-manage parcel.
Almost half a million Australians now invest using a Wrap-type service — because they offer a simpler, more effective way to manage an investment portfolio. BT is one of Australia’s leading Wrap providers — managing over $30 billion dollars on behalf of investors via BT Wrap accounts.
10 Reasons to invest via BT Wrap & SuperWrap
- “Consolidated Reporting – minimise your administration”
The Wrap Service provides you with consolidated reports including quarterly reports, annual tax statements, PAYG reports, performance reports, portfolio valuations & cash statements.
- “BT SuperWrap and Tax Treatment – more money working for longer”
SuperWrap only deducts 6% PAYG tax at the end of each quarter. There are no pooled tax liabilities within SuperWrap resulting in all aspects such as deductions and imputation credits being attributed back to the individual level.
- “Investment Options – diversify your portfolio”
Wrap and SuperWrap enable you to diversify their portfolio across a range of wholesale managed funds (600) and listed securities (ASX).
- “Flexibility – meeting your individual financial goals”
The Wrap service is suitable for all your investment structures including individuals, trusts, partnerships, companies and self managed super funds. Product features include regular savings / withdrawal / investment plans.
- “Online Functionality – stay informed”
The Wrap Service provides you with 24 x 7 access to online portfolio reporting.
- “Trading – efficient & effective asset management”
The Wrap service allows you to actively trade managed funds and listed securities. This also includes the ability to participate in corporate actions and IPO’s via our online service.
- “Insurance – protect your most important asset”
The SuperWrap service provides you with Death & TPD insurance as a tax effective method for risk management.
- “Working Cash Account – cash flow management”
The Wrap Service provides you with a working cash account for transaction settlements which pays a competitive interest rate (currently 5.13%).
- “Fee Transparency – open architecture”
All fees are immediately reported via the working cash account to provide you with transparency.
- “UK Pensions – retirement consolidation”
SuperWrap has obtained its Qualifying Recognised Overseas Pension Scheme (QROPS) status from HM Revenue & Customs (HMRC) which means transfers from a UK Pension scheme received on or after 6 April 2006 can be processed.
Please refer to the PDS for further product features & information.
|
| Current entry fee |
Up to 4% (NOTE: InvestSMART rebates 100% of this fee) |
| Current management fee |
Wholesale rates |
| Administration fee |
Up to 0.79% pa |
| Adviser/Dealer fees |
InvestSMART charges an adviser service fee of only 0.55%p.a. on the value of managed funds and shares in the portfolio |
| Managed fund transaction fee |
$30.50 per transaction |
| Current exit fee |
Nil |
|
|
