| Extensive choice of investments | ||||
|---|---|---|---|---|
|
||||
| Personal insurance | ||||
| An award-winning range of Protectionfirst insurance can be linked to and paid for from your MLC Wrap Super account including Life, Total and Permanent Disability and Income Protection. Find out more about Protectionfirst |
||||
| Minimum initial investment | ||||
|
||||
| Investment minimums | ||||
| Managed investments |
Listed investments |
Term deposits |
SMA | |
| Initial investment |
$0 | $2,000 | Varies by issuer |
$10,000 per model portfolio |
| Additional investments |
$0 | $500 | Varies by issuer |
$0 |
| Contribution options | ||||
|
||||
| Pension options | ||||
|
||||
| Fees and costs | ||||
| See the MLC Wrap Super Product Guide for detailed information on fees and costs. | ||||
| Investment manager fee rebates | ||||
| Some investment managers provide a rebate on their investment management fee, which we pass entirely back to your cash holding. The investment manager fee rebates are shown in the Investment Menu. |
||||
| Fee discounts | ||||
The minimum Administration fee of $100 per month will be reduced to $20 per month:
|
||||
| Family group discount | ||||
| You can link up to four MLC Wrap accounts held by you and your eligible family members as a ‘family group’ who may then receive a 10% discount on the Administration fee. MLC Wrap accounts include:
|
||||
| Group Investment discount | ||||
| MLC Wrap accounts that hold $400,000 or more in managed investment options issued by the NAB group of companies will receive up to 10% pa reduction on the total administration fee. Download a list of investments eligible for the discount. Please note that some investments shown may no longer be available for new investment. However, existing holdings in any of the investments are eligible for the Group Investment discount. |
||||
| How we keep you informed | ||||
|
||||
® Registered to BPAY Pty Ltd ABN 69 079 137 518