Do you have a managed fund? Are you considering investing in one? If so, you may be charged a fee each time you invest or add money to your investment. These entry fees can be as much as 6% and are charged regardless of whether you invest directly with a fund manager or whether you use a financial planner.
InvestSMART rebates 100% of these entry fees, meaning you get the benefit of every cent you invest - and over the life of your investment that can make a big difference.
Existing Investments
If you already have managed funds, simply nominate InvestSMART as your fund broker on those investments to save on these fees in future. Nominating InvestSMART is easy, simply complete our online Fund Broker Nomination Form, sign it then return it to InvestSMART by post or fax. We will forward this to the fund manager instructing them to rebate all future entry fees.
New Investments - Beware of "NIL" entry fee funds!
Beware of "NIL" entry fee funds as these have a higher annual management fee or MER. It is better to choose the entry fee option funds and let InvestSMART rebate 100% of these fees as additional units, thus paying ZERO entry fees and being charged a lower management fee - the best of both worlds.
How much can I save?
Investment Method
Investment Amount
Entry Fee (normally 4%)
Final Amount Invested
Direct to the product provider (e.g. the fund manager)
$10,000
$400
$9,600
Via InvestSMART
$10,000
$0
$10,000
That's an immediate saving of $400!
How to invest through InvestSMART and avoid entry fees
It could not be easier to invest in managed funds via InvestSMART and gain a rebate. Simply follow these three easy steps...
Step 1
Find the fund you are interested in by using our simple Find a Fund facility, then simply download or request a hard copy of the Prospectus or Product Disclosure Statement (PDS) of your choice from the InvestSMART website. Make sure our broker stamp is on the application form.
Step 2
Read the Prospectus or PDS carefully and seek professional advice if necessary.
Step 3
Print off the application form (usually found toward the back of each PDS), attach a cheque made out to the relevant fund manager (or other specified payment details) and send it to the address indicated on the application form.
Why do we do this and what is in it for us?
InvestSMART rebates all entry fees we receive so your money works harder for you and returns are greater. Why should you be "penalised" if you make your own investment decisions? InvestSMART makes money by being paid a trailing commission by the fund manager of approximately 0.2-0.6% p.a. This is paid by the Fund Manager and is NOT an additional charge to you.
Get cash back on your investments too
InvestSMART has gone one step further - we even rebate trailing commissions. Through our unique and innovative TrailCap™ program you will receive an annual cash payment from InvestSMART for 50% of the trailing commissions we receive from participating fund managers on your investments above $300 pa! Click here to learn more about InvestSMART's TrailCap™ program.
