Single Managed Fund Fees

Single Managed Funds:

You can invest in stand alone Managed Funds rather than Model Portfolios if you wish. These stand alone Managed Funds are charged separately to Model Portfolios. Where your account holds both Model Portfolios and stand alone Managed Funds the minimum fee of $204 is applied only once.

1. Administration fees 

These fees are paid to cover the costs of administering your partnervest account. The administration fee is up to 0.66% p.a. of the total value of the Managed Funds in your partnervest account.

Account Balance% p.a.How and when paid
Up to $250,000 Greater of $204 or 0.66% The administration fee is tiered based on your account balance. 

$250,001 - $2,000,000 0.61%
$2,000,001 - $5,000,000 0.51%
$5,000,001 - $10,000,000 0.21%
Greater than $10,000,000 0.022%

Fees are not charged to establish your account, close your account, process withdrawals or additional investments, or to switch between investments.

2. Cash Hub fee

The Cash Hub fee is an indirect fee of up to 1% on the balance of the Cash Hub that is applied prior to the interest rate being declared.

3. Custodian fee

The Custodian fee relates to the custody and safe keeping of your Managed Funds.

The Custodian fee is 0.055% p.a., of the total value of the Managed Fund in your partnervest account.

4. Investment fee:

The Investment Management Fees range from 0.00% and 1.35% p.a., depending on which Managed Fund you choose. The fees are an indirect cost. Please contact us on partnervest@franklintempleton.com to gain further fee information.

5. Transaction fees

These are fees associated with buying or selling investments.

  • Model Portfolios: Nil
  • Managed Funds: $25 per buy or sell
  • Term Deposits: $25 per buy

It is important that you understand all the fees that may be incurred. You should read fee information contained in the Disclosure Documents of: 

  1. partnervest including the Service Guide and Model Portfolio Guide, and
  2. the individual investments that you select.