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 entry, exit or ongoing RaboPlus fees. We only charge you a low brokerage of 0.75%.
When compared to other platforms this can equate to saving as much as $1,568 on fees on a $100,000 investment over 5 years - see the example in the table below*.
| Criteria | E*Trade | RaboPlus | CommSec |
|---|
| Minimum Investment | $1,000 | $250 | $5,000 - $20,000 |
| Entry fee | X | X | X |
| Exit fee | X | X | X |
| Brokerage | X | 0.50-0.75% | X |
| Administration fee | Ongoing Administration fee of 0.66% annual charge on portfolio value | X | Custodial administration services not provided |
| Av Total Fees over 5 yrs for $100,000 invested in a Balanced Model Portfolio | $1,307 | $776 | $1,568 |
Assumptions:
*RaboPlus Managed Funds Benchmarking Report March 2009 prepared by Investment Trends Pty Limited. Based on an investment of $100,000 over 5 years in a typical Balanced model portfolio sourced from Morningstar Research Pty Limited and compared with the following managed fund platforms: E*Trade and CommSec.
See the full report.
