FLEXIBLE SMSF & DIRECT INVESTING - Fees
A minimum fee of $50 per year is charged on Flexible SMSF & Direct Investing accounts. The minimum fee is based on total funds under management (FUM).
Balances less than $10,000 in Flexible SMSF or Direct Investing accounts on brightday will be charged a minimum of $50.
Any balance above that amount will be charged as per the rates below:
Administration Fee on all assets except property and loans
|
Account Balance Tiers |
Retail Fee (p.a.) |
|
0 - 500,000 |
$50 then 0.005c for every $1 over $10,000 up to $500,000 |
|
500,001 – 1,000,000 |
$2,500 then 0.0033c for each $1 over $500,000 |
|
1,000,000 + |
Capped at $4,150* |
* Fees for amounts over $20,000,000 will be agreed by negotiation.
Brokerage on custodial share trading
|
Balance Tiers |
Retail Fee |
|
0 - 5,000 |
$19.95 |
|
5,000 – 20,000 |
$24.95 |
|
20,000 + |
0.12% |
Other fees
|
Transaction fees |
Fee |
|
Buy/Sell in SMA |
0.33% |
|
Managed Fund Transaction Fee |
$22 |
|
Custody Fee (managed funds and SMAs) |
0.055% p.a |
|
WealthVue |
No charge |
|
Equity Transfer In |
$10 |
|
Equity Transfer out |
$35 |
|
Managed Funds, Transfer In and Transfer Out |
$35 |
|
Corporate Actions and IPO (per transaction) |
$22 |