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Managed funds

Compare our managed fund fees

Investing in wholesale managed funds through a financial planner can leave you exposed to the higher ongoing fees often charged by similar platforms to RaboPlus (also known as wrap, or investor directed portfolio service (IDPS) platforms).

The combined fees these platforms charge could total anything up to 5% for each year you invest through them - a significant slice of your investment.

Accessing managed funds direct through RaboPlus provides you with a simple, low fee structure and no ongoing RaboPlus fees. We only charge you a low, one off entry fee of 0.75% and we charge no ongoing or exit fees.

When compared to other platforms charging an average annual fee of 1%, this can equate to saving as much as 75% on fees on a single $100,000 investment over 3 years - see the example in the table below.

Indicative fee savings with RaboPlus


Investment amountEnd of
year 1		End of
year 2		End of
year 3		Total fees paid
after 3 years
RaboPlus fee $100,000 $750 $0  $0 $750
Other IDPS platform
fee of 1%		 $100,000 $1,000 $1,000 $1,000  $3,000
Savings with RaboPlus over 3 years $2,250

Assumptions:

  • Calculations are based on a single investment of $100,000 into a managed fund via RaboPlus and another Investor Directed Portfolio Service (IDPS) platform for a total period of 3 years. The comparison does not take into account fees charged by any party other than RaboPlus or the other IDPS platform, including the provider of the managed fund.

  • RaboPlus charges a one off entry fee of 0.75% only and has no exit fees or ongoing administrations charges.

  • Calculations for 'other IDPS platform fee' are based on an example IDPS platform which is typically only available under advice from a financial advisor and only charges an annual administration fee of 1%. It is assumed that this rate remains unchanged for the full 3 year term.

  • The 75% fee savings available from RaboPlus equates to the total value of fees charged by RaboPlus for a $100,000 investment held for 3 years compared to the total accumulated fees charged by the other IDPS platform for the same period.

  • All calculations do not take into account an individual's personal circumstances (including taxation liability), performance of the managed fund, any distributions payable by the managed fund and any fees charged by any party other than RaboPlus and the other IDPS platform provider, such as the provider of the managed fund (eg management fee, performance fee, administration fee and any reimbursable expenses).

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