Suncorp Easy Invest (Easy Invest) is an investor directed portfolio service (IDPS). An IDPS provides an administration and reporting service which offers access to a range of underlying wholesale investments.
Easy Invest offers access to over 50 wholesale investments.
You should read the Suncorp Easy Invest offer document and Macquarie Wrap Solutions Cash Account product disclosure statement before choosing to invest in this product.
Features
| Consolidated Reporting | Consolidated reporting where all the investments held by you are reported in a single statement. |
| Online Reports | Ability to view reports on your investments and product information, via the Internet, any time of the day or night. |
| Margin lending | Margin lending and gearing facilities available. |
| Model Portfolio | Ability to establish a model portfolio with individual investment weightings. Your adviser can arrange for your portfolio to be rebalanced to align with your agreed model. |
| Account Linking | Ability to link a nominated bank account to the IDPS Cash Account. |
| Unlimited Switching | Free unlimited switching between all investments. |
| Minimum investment | $20,000 (or $15,000 with regular investment plan) |
| Additional investment | No minimum (except with the regular investment plan) |
| Regular investment |
|
| Dollar Cost Averaging | Minimum transaction of $100 per sweep and $50 per managed fund |
| Switching investments | $1,000 per managed fund |
| Minimum cash holding | The greater of $1,000 or 2% of your portfolio |
| Minimum balance per fund | $1,000 |
| Minimum portfolio balance | $15,000 |
| Minimum withdrawal from Cash Account | $1,000 |
Fees
| Description | Amount | |||
|---|---|---|---|---|
| Contribution Fee (charged when deposits are made to the Cash Account) |
Entry Fee Up to 4% on agreement with adviser |
Nil Entry Fee Not applicable |
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| Management Fee (based on investors account balance) | Entry Fee | Nil Entry Fee | ||
| <> | 1.25% pa | <> | 1.70% pa | |
| 100-250K | 1.00% pa | 100-250K | 1.45% pa | |
| 250-500K | 0.80% pa | 250-500K | 1.25% pa | |
| 500-1M | 0.55% pa | 500-1M | 1.00% pa | |
| 1M+ | 0.35% pa | 1M+ | 0.80% pa | |
| Over $2m | 0.20% pa | Over $2m | 0.65% pa | |
| Withdrawal Fee | Entry Fee Nil |
Nil Entry Fee Up to 4% of each deposit withdrawn within 3 years to a maximum of the contribution |
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| Investment Management Fee | Refer to the relevant product disclosure statement for each of the managed fund options chosen. | |||
| Switching Fee | Nil | |||
| Cheque Fee (any payments requested by cheque) |
Nil | |||
| Transfer of Ownership | Nil | |||
| Optional Adviser Service Fee | Optional fee of up to 1.1% pa (inclusive of GST) of portfolio balance on agreement with adviser | |||
You should read the Suncorp Easy Invest offer document and Macquarie Wrap Solutions Cash Account product disclosure statement before choosing to invest in this product.
Important Information
Suncorp Easy Invest is operated by Macquarie Investment Management Limited ABN 66 002 867 003, AFSL 237 492, and promoted by Suncorp Life and Superannuation Limited ABN 87 073 979 530, AFSL 229 880. Investments through Suncorp Easy Invest are made by completing the application form in the Suncorp Easy Invest offer document and the Macquarie Wrap Solutions Cash Account product disclosure statement (issued by Macquarie Investment Management Limited) available from your financial adviser.