Managed Discretionary Accounts

• PERSONAL INVESTMENT ACCOUNT (PIA); and

• PRIVATE INVESTMENT MANAGEMENT SERVICE (PIM)

For our Personal Investment Account and Private Investment Management service we only charge you one fee – an investment management fee. Our aim is the keep this fee below average cost you would pay for being in a unit trust – an inferior product.

For example, the average cost (as measured by this Management Expense Ratio) for being in a multi-asset unit trust is 2.10% p.a. Our fee based on our preferred minimum portfolio value of $150,000 is 1.87% p.a. (or $2,800 p.a.). Our minimum fee regardless of portfolio size is $2,500 per year.

Unlike many other managers we do not charge:

• Administration Fees

(Other than $25 per hard copy of your investment report. Although the investment report is available for no charge from our web site)

• Establishment Fees
• Contribution Fees
• Withdrawal Fees

• Expense Recovery Fees
• Switching Fees
• Advisory Service Fees
• Incidental Fees
• Distribution Costs

Our fees are negotiable. The greater the value of the portfolio to be managed by us the lower will be our fee (as a percentage of portfolio value). You will find our fees very competitive.

To see our fees for managing PIA and PIM portfolios click here .

To see our fees for managing a Foundation Investment Account click here

For more information about our products click here.