Wealthbuilder has a management fee of 0.44% p.a. and an administration fee of 0.11% p.a with buy-side brokerage included at zero cost to encourage contributions and long-term wealth creation.
Combined this results in a total overall fee of 0.55% p.a.
Fees are calculated on a pro-rata basis each day and charged monthly.
Here is a table outlining estimated fees based on an account balance:
Balance | Annual | Monthly |
$1,000 | $5.50 | $0.46 |
$5,000 | $27.50 | $2.30 |
$10,000 | $55.00 | $4.59 |
$20,000 | $110.00 | $9.17 |
Note: Monthly figures have been rounded up to the nearest full cent and do not account for market fluctuations, contributions or withdrawals.
Sell-side brokerage is applied at the greater of $4.40 or 0.044% of the trade value per transaction. Indirect fees from Exchange Traded Funds also apply.