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Master Trusts & Wraps

Master Trusts & Wraps

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You have probably ended up here because you are looking for our choice of Super Fund or Allocated Pension or you're interested in Master Trusts or Wrap accounts. You are in the right place!

A Wrap or Master Trust is simply an investment portfolio solution that provides you with consolidated reporting and a convenient way of investing into a wide choice of investments at usually wholesale rates.

InvestSMART believes the pick of the bunch currently is the Colonial FirstChoice solution, which offers you the choice of three products:

FirstChoice delivers great service

  • Consolidated reporting that's timely
  • FirstNet - secure online access to your investment details 24/7

FirstChoice delivers wide investment choice
FirstChoice provides you with a choice of over 70* investment options from a range of well-known fund managers and specialist, independently owned boutiques. This gives you the potential to diversify your investments across asset classes and fund managers, without having to deal separately with each fund manager.

Insurance
Choose from...

  • Death only cover
  • Death and Total & Permanent Disablement cover
  • Salary Continuance cover

FirstChoice delivers great value for money
The fee structure of FirstChoice is competitive, simple and easy to understand.

In a recent independent study* of major banks, insurers and non-industry super players offering corporate and personal super, Colonial First State FirstChoice Personal Super was found to have the lowest annual fees in the personal super category for this group across a range of account balances.

The chart below was part of this study and shows how competitive our fees are within this group.

Wraps and Master Trust Providers

Click a logo for more information



Perpetual

Colonial First Choice
Investment Options & Application Forms
Download  Personal Investment

Download  Super

Download  Allocated Pension

Download  Prospectus/PDS by Post

Colonial First Choice
Fee Summary
1
Current entry fee Up to 4% (NOTE: InvestSMART rebates 100% of this fee
Current management fee2 1.10% to 2.49% pa (for all options other than geared)
2.66% to 3.81% pa (for geared options)
Administration Fee Included in Management Fees above
Adviser/Dealer Fees Up to 0.60% - included in Management Fees above
Current switching fees Nil
Current transaction fees Nil
Current exit fee Nil
* Deutsche Bank "Financial Services Digest", October 2004. Company data. Estimates based on the average MER, derived from their most competitive personal products from the providers of the group stated above (excluding industry super funds), across various account sizes (assuming balances of $10,000, $50,000, $100,000 and $300,000) and an average MER across various account balances, weighted based on Deutsche Bank estimates which imply an average account balance of $55,000. Fee rebates dependant on account balance have been taken into account. Fee details for the trusts are disclosed in the respective product disclosure statements.



To have a Prospectus/PDS mailed to you via post please complete the following form...

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1 Please refer to the relevant PDS for more detailed information.

2 For some options a performance fee may also be payable. Refer to the PDS for more information. All fees disclosed include the net effect of GST. Colonial can change fees at any time at their discretion. If the change is an increase in fees, they will give you 30 days prior written notice. You must read the PDS before investing.

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