Shaw and Partners

Shaw and Partners is one of Australia’s preeminent investment and wealth management firms.

With a national presence and over $18 billion of assets under advice, Shaw and Partners offers the intimacy of a boutique investment firm, backed by the resources and scale of a major financial group, EFG International.

At Shaw and Partners, we offer tailored advice and investment solutions, financial planning and corporate advisory services. We act for and on behalf of individuals, institutions, corporates and charities. We are client-focused, having helped our clients manage and grow their financial assets for over 30 years. Our emphasis on integrity has enabled us to achieve very high levels of client satisfaction while unlocking opportunities of significant value.

Backed by fresh thinking, robust research and some of the nation’s best investment and wealth experts, our business has been designed to meet the growing needs of our clients. Shaw and Partners offers access to an extensive team of private client advisers, institutional sales and trading specialists, market-leading research analysts and strategic corporate financiers.

By working closely with clients and targeting their needs, we have forged strong long-term relationships. So, whether you are an ordinary investor, high net worth individual, charity, institution or corporate, our goal is simple: to listen to you, then act according to your needs alone.
Profile Video
Funds Under Management $18b
Staff / Employees 300
our team
  • Martin Crabb View Profile
    Chief Investment Officer
  • Steve Anagnos View Profile
    Co-Head, Income Strategies
  • Cameron Duncan View Profile
    Co-Head, Income Strategies
Investment Models
Investment Objective
The model invests in a portfolio of ASX listed hybrid securities, debt-based ETFs and debt specialist managed funds. This portfolio offers potential diversification benefits to both Australian equities and cash or term deposits. The model’s return will be generated from a combination of interest payments, hybrid dividends (cash and franking credits) and capital growth (realised and unrealised), providing investors with a predictable level of income whilst minimising risk to capital.
Typical Investor
Investors that seek a sustainable income stream (inclusive of franking credits) over a 3 year + time frame, with a lower risk of loss than equities, and a higher rate of return than cash like investments.
Investment Strategy and Approach
We aim to achieve the investment objectives via a qualitative and quantitative investment process. Key criteria and areas of focus are: Credit quality of the issuer, sector/industry, call date, conversion dates and final maturity details, structure of instrument and timing and composition of cash flows. The portfolio will be diversified across the above criteria. The portfolio will be monitored against the manager’s expectations of equity returns, credit market implied volatilities and underlying interest rates in order to ensure it is invested across a range of market cycles to meet its return objective, while adhering to the risk tolerances set.
Minimum Investment Amount
$25,000

Model Composition

Allocation as at May 2019

    Allocation & Fees
    Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
    Shaw and Partners Defensive Income
    This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
    Cash 0.02% $2,000
    Code Security name Weighting % Amount
    CASH Cash 0.02% $20
    Cash 0.02% $2,000
    Australian Fixed Interest 99.98% $9,998,000
    Code Security name Weighting % Amount
    ANZPG CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-03-24 5.95% $5,946
    SSB0122AU Legg Mason Western Asset Australian Bond A 3.91% $3,906
    PLUS VanEck Vectors Australian Corporate Bond Plus ETF 3.28% $3,278
    NABPF Cnv Pref 3-Bbsw+3.20% Perp Non-Cum Red T-03-19 3.68% $3,683
    NABPD CAP NOTE 3-BBSW+4.95% PERP NON-CUM RED T-07-22 4.88% $4,881
    NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 7.94% $7,942
    NABPB CNV PREF 3-BBSW+3.25% PERP NON-CUM RED T-12-22 5.19% $5,189
    NABHA HYBRID 3-BBSW+1.25% PERP SUB EXCH NON-CUM STAP 5.98% $5,982
    MXT MCP Master Income 3.38% $3,384
    MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 8.01% $8,005
    MBLPA CAP NOTE 6-BBSW+3.30% PERP NON-CUM RED T-03-23 3.57% $3,571
    IANG CONVERT BOND 3-BBSW+4.00% PERP SUB NON-CUM EX RES 4.58% $4,584
    IAF iShares Core Composite Bond ETF 2.22% $2,222
    FRT0027AU Franklin Aust. Rtrn Bond Fund 3.47% $3,474
    CHN0005AU CC JCB Active Bond 3.98% $3,977
    CBAPG CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25 3.91% $3,912
    CBAPE CAP NOTE 3-BBSW+5.20% PERP NON-CUM RED T-10-21 4.61% $4,612
    CBAPD CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-24 7.62% $7,618
    WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 6.70% $6,698
    WBCPG CAP NOTE 3-BBSW+4.90% PERP NON-CUM RED T-12-21 7.12% $7,116
    Australian Fixed Interest 99.98% $9,998,000
    100.00%
    Total
    $100,002
    Your monthly fee
    Model Portfolio Fee
    $ - per month
    +
    OpenInvest Fee
    FREE First 12 months
    =
    Monthly Fee
    $ -

    After the initial 12 month free period, the monthly OpenInvest fee will be $ - per month based on the investment amount entered.

    Model Portfolio Fee
    $ - per month
    This includes:

    Shaw and Partners Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

    The Indirect Cost, which is an estimate of underlying charges of some of the holdings Shaw and Partners may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

    OpenInvest Fee
    FREE for the first 12 monthsthen $ - per month

    The OpenInvest Fee covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

    • No hidden fees or charges
    • We pay for brokerage
    • You keep all interest earned

    A Transaction Cost is an underlying charge levied by an ETF or managed fund when you buy into or sell out of a fund.

    The estimated initial transaction cost for the funds in this model portfolio on a $100000 investment is $ -.

    All fees and charges are inclusive of GST.

    Ready to Invest?

    Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

    Investment Objective
    The primary objective of this portfolio is to provide a regular and sustainable income stream over the medium term (3–5 years) whilst minimising risk to capital. It achieves this by investing in a diversified portfolio of asset classes and strategies.
    Typical Investor
    Investors that seek income as the primary objective, and some capital appreciation from a broad range of Australian and global asset classes and strategies and accept the risk of share price volatility.
    Investment Strategy and Approach
    The investment process combines quantitative and qualitative criteria and analysis to identify asset classes, markets and securities and strategies which have a focus toward producing sustainable income as opposed to capital growth. The portfolio construction is based on macro-economic and thematic views of Shaw’s Research in order to best meet the risk and return objectives of the investment strategy. The portfolio has effectively its own asset and risk allocation managed by the Shaw Portfolio Strategies Team. Asset classes and strategies may include cash, Australian debt securities, and Hybrid Securities and Australian equities including property securities, international equities funds and alternative strategies (ETFs and or managed funds).
    Minimum Investment Amount
    $25,000

    Model Composition

    Allocation as at May 2019

      Allocation & Fees
      Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
      Shaw and Partners Sustainable Income
      This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
      Cash 0.01% $1,000
      Code Security name Weighting % Amount
      CASH Cash 0.01% $10
      Cash 0.01% $1,000
      Australian Shares 33.07% $33,071
      Code Security name Weighting % Amount
      AGL AGL Energy 1.66% $1,656
      WBC Westpac Banking 2.76% $2,764
      URW Unibail Rodamco Wfld 1.23% $1,230
      SYD Sydney Airport 1.67% $1,665
      SUN Suncorp Grp 1.78% $1,780
      SHL Sonic Healthcare 2.01% $2,005
      SGP Stockland 1.37% $1,372
      SCG Scentre Grp 1.55% $1,548
      RHC Ramsay Health Care 1.98% $1,981
      NAB National Aust Bank 2.70% $2,696
      WES Wesfarmers 1.84% $1,844
      MQG Macq Grp 1.91% $1,912
      MFG Magellan Fin Grp 2.32% $2,317
      JBH JB Hi-Fi 1.91% $1,907
      WPL Woodside Pet 1.75% $1,753
      AWC Alumina 1.42% $1,423
      BHP BHP 1.87% $1,872
      BOQ Bank of Qld 1.34% $1,345
      Australian Shares 33.07% $33,071
      International Shares 15.46% $15,460
      Code Security name Weighting % Amount
      PER0758AU JPMorgan Global Macro Opportunities Fund - Class A units 3.20% $3,198
      HGI0005AU Janus Henderson Global Equity Income 12.26% $12,262
      International Shares 15.46% $15,460
      Australian Fixed Interest 38.89% $3,889,000
      Code Security name Weighting % Amount
      WBCPG CAP NOTE 3-BBSW+4.90% PERP NON-CUM RED T-12-21 2.17% $2,174
      WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 2.05% $2,049
      ANZPG CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-03-24 1.82% $1,818
      SSB0122AU Legg Mason Western Asset Australian Bond A 2.80% $2,797
      CBAPD CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-24 2.33% $2,329
      CBAPE CAP NOTE 3-BBSW+5.20% PERP NON-CUM RED T-10-21 1.41% $1,410
      CBAPG CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25 1.19% $1,189
      CHN0005AU CC JCB Active Bond 2.85% $2,850
      PLUS VanEck Vectors Australian Corporate Bond Plus ETF 2.36% $2,356
      IANG CONVERT BOND 3-BBSW+4.00% PERP SUB NON-CUM EX RES 1.41% $1,407
      NABPD CAP NOTE 3-BBSW+4.95% PERP NON-CUM RED T-07-22 1.50% $1,497
      NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 2.44% $2,437
      NABPB CNV PREF 3-BBSW+3.25% PERP NON-CUM RED T-12-22 1.58% $1,585
      NABPA CNV PREF 3-BBSW+3.20% PERP NON-CUM RED T-03-21 1.11% $1,112
      NABHA HYBRID 3-BBSW+1.25% PERP SUB EXCH NON-CUM STAP 1.84% $1,838
      MXT MCP Master Income 2.42% $2,425
      FRT0027AU Franklin Aust. Rtrn Bond Fund 2.50% $2,498
      MBLPA CAP NOTE 6-BBSW+3.30% PERP NON-CUM RED T-03-23 1.09% $1,092
      IAF iShares Core Composite Bond ETF 1.59% $1,586
      MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 2.45% $2,451
      Australian Fixed Interest 38.89% $3,889,000
      Alternatives 12.57% $12,569
      Code Security name Weighting % Amount
      FRT0011AU Franklin Templeton Multisector Bond Fund 2.27% $2,268
      GMO0006AU Gmo Systematic Global Macro Trust 5.61% $5,615
      GOLD ETFS Physical Gold 2.33% $2,327
      MAQ0482AU Macquarie Winton Global Alpha 2.36% $2,359
      Alternatives 12.57% $12,569
      100.00%
      Total
      $100,009
      Your monthly fee
      Model Portfolio Fee
      $ - per month
      +
      OpenInvest Fee
      FREE First 12 months
      =
      Monthly Fee
      $ -

      After the initial 12 month free period, the monthly OpenInvest fee will be $ - per month based on the investment amount entered.

      Model Portfolio Fee
      $ - per month
      This includes:

      Shaw and Partners Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

      The Indirect Cost, which is an estimate of underlying charges of some of the holdings Shaw and Partners may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

      OpenInvest Fee
      FREE for the first 12 monthsthen $ - per month

      The OpenInvest Fee covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

      • No hidden fees or charges
      • We pay for brokerage
      • You keep all interest earned

      A Transaction Cost is an underlying charge levied by an ETF or managed fund when you buy into or sell out of a fund.

      The estimated initial transaction cost for the funds in this model portfolio on a $100000 investment is $ -.

      All fees and charges are inclusive of GST.

      Ready to Invest?

      Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

      Investment Objective
      The primary objective of this portfolio is to provide capital growth and some income over the medium term (4–6 years) whilst minimising risk to capital. It achieves this by investing in a diversified portfolio of asset classes and strategies.
      Typical Investor
      Investors that seek a balance of income and capital growth as the primary objective from a broad range of Australian and global asset classes and strategies.
      Investment Strategy and Approach
      The investment process combines quantitative and qualitative criteria and analysis to identify asset classes, markets, securities and strategies which have a focus toward producing capital growth and some income. The portfolio construction is based on macro-economic and thematic views of Shaw’s Research in order to best meet the risk and return objectives of the investment strategy. Asset classes and strategies may include cash, Australian debt securities, Hybrid Securities and Australian equities including property securities, international equities funds and alternative strategies (accessed via ASX listed ETFs and or managed funds).
      Minimum Investment Amount
      $25,000

      Model Composition

      Allocation as at May 2019

        Allocation & Fees
        Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
        Shaw and Partners Robust Growth
        This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
        Cash 0.01% $1,000
        Code Security name Weighting % Amount
        CASH Cash 0.01% $10
        Cash 0.01% $1,000
        Australian Shares 40.00% $4,000,000
        Code Security name Weighting % Amount
        MGR Mirvac Grp 1.22% $1,222
        WBC Westpac Banking 2.52% $2,521
        VCX Vicinity Centres 0.92% $920
        SUN Suncorp Grp 1.44% $1,435
        SGP Stockland 0.99% $993
        SCG Scentre Grp 0.89% $885
        RIO Rio Tinto 1.57% $1,572
        OZL OZ Min 0.97% $967
        OSH Oil Search 1.17% $1,173
        OPS0002AU OC Premium Small Companies 3.13% $3,133
        NAB National Aust Bank 2.26% $2,256
        MQG Macq Grp 1.97% $1,974
        WES Wesfarmers 1.08% $1,080
        LLC Lendlease Grp 1.00% $997
        WPL Woodside Pet 1.96% $1,962
        FID0026AU Fidelity Future Leaders 2.36% $2,361
        FMG Fortescue Metals Grp 1.55% $1,552
        EVN Evolution Min 1.37% $1,366
        CSA0131AU Aberdeen Standard Australian Small Companies 2.39% $2,395
        FLT Flight Centre Travel 0.88% $875
        CTX Caltex Aust 1.13% $1,129
        BOQ Bank of Qld 0.83% $829
        BHP BHP 3.43% $3,425
        CBA Commonwealth Bank of Aust 3.00% $3,003
        Australian Shares 40.00% $4,000,000
        International Shares 19.90% $19,903
        Code Security name Weighting % Amount
        ETL0071AU T. Rowe Price Global Equity Fund 16.07% $16,068
        PER0758AU JPMorgan Global Macro Opportunities Fund - Class A units 3.83% $3,835
        International Shares 19.90% $19,903
        Australian Fixed Interest 25.09% $25,069
        Code Security name Weighting % Amount
        SSB0122AU Legg Mason Western Asset Australian Bond A 1.84% $1,838
        CBAPD CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-24 1.38% $1,382
        WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 1.22% $1,225
        CBAPE CAP NOTE 3-BBSW+5.20% PERP NON-CUM RED T-10-21 0.94% $938
        CBAPG CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25 0.95% $945
        PLUS VanEck Vectors Australian Corporate Bond Plus ETF 1.55% $1,546
        CHN0005AU CC JCB Active Bond 1.87% $1,866
        WBCPG CAP NOTE 3-BBSW+4.90% PERP NON-CUM RED T-12-21 1.30% $1,301
        NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 1.45% $1,446
        ANZPG CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-03-24 1.08% $1,083
        NABPB CNV PREF 3-BBSW+3.25% PERP NON-CUM RED T-12-22 0.95% $947
        NABPA CNV PREF 3-BBSW+3.20% PERP NON-CUM RED T-03-21 0.94% $943
        NABHA HYBRID 3-BBSW+1.25% PERP SUB EXCH NON-CUM STAP 1.09% $1,093
        MXT MCP Master Income 1.59% $1,586
        MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 1.46% $1,459
        MBLPA CAP NOTE 6-BBSW+3.30% PERP NON-CUM RED T-03-23 0.92% $922
        IANG CONVERT BOND 3-BBSW+4.00% PERP SUB NON-CUM EX RES 0.94% $936
        IAF iShares Core Composite Bond ETF 1.04% $1,037
        FRT0027AU Franklin Aust. Rtrn Bond Fund 1.64% $1,637
        NABPD CAP NOTE 3-BBSW+4.95% PERP NON-CUM RED T-07-22 0.94% $939
        Australian Fixed Interest 25.09% $25,069
        Alternatives 15.00% $15,003
        Code Security name Weighting % Amount
        MAQ0482AU Macquarie Winton Global Alpha 3.11% $3,113
        GOLD ETFS Physical Gold 3.09% $3,085
        GMO0006AU Gmo Systematic Global Macro Trust 5.82% $5,825
        FRT0011AU Franklin Templeton Multisector Bond Fund 2.98% $2,980
        Alternatives 15.00% $15,003
        100.00%
        Total
        $100,009
        Your monthly fee
        Model Portfolio Fee
        $ - per month
        +
        OpenInvest Fee
        FREE First 12 months
        =
        Monthly Fee
        $ -

        After the initial 12 month free period, the monthly OpenInvest fee will be $ - per month based on the investment amount entered.

        Model Portfolio Fee
        $ - per month
        This includes:

        Shaw and Partners Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

        The Indirect Cost, which is an estimate of underlying charges of some of the holdings Shaw and Partners may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

        OpenInvest Fee
        FREE for the first 12 monthsthen $ - per month

        The OpenInvest Fee covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

        • No hidden fees or charges
        • We pay for brokerage
        • You keep all interest earned

        A Transaction Cost is an underlying charge levied by an ETF or managed fund when you buy into or sell out of a fund.

        The estimated initial transaction cost for the funds in this model portfolio on a $100000 investment is $ -.

        All fees and charges are inclusive of GST.

        Ready to Invest?

        Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

        Investment Objective
        The primary objective is to provide capital growth over the longer term (5–7 years). It achieves this by investing in a diversified portfolio of asset classes and strategies.
        Typical Investor
        Investors that seek capital growth as the primary objective, and some income from a broad range of Australian and global asset classes and strategies. and are prepared to accept a higher level risk of volatility in their investment return.
        Investment Strategy and Approach
        The investment process combines quantitative and qualitative criteria and analysis to identify asset classes, markets, securities and strategies which have a focus toward producing capital growth. The portfolio construction is based on macro-economic and thematic views of Shaw's Research in order to best meet the risk and return objectives of the investment strategy. Asset classes and strategies may include cash, Australian equities including property securities, international equities funds and alternative strategies (accessed via ASX listed ETFs and or managed funds).
        Minimum Investment Amount
        $25,000

        Model Composition

        Allocation as at May 2019

          Allocation & Fees
          Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
          Shaw and Partners Maximum Growth
          This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
          Cash 0.01% $1,000
          Code Security name Weighting % Amount
          CASH Cash 0.01% $10
          Cash 0.01% $1,000
          Australian Shares 62.19% $6,219,000
          Code Security name Weighting % Amount
          ALL Aristocrat Leisure 2.49% $2,492
          SEK Seek 2.41% $2,410
          RMD ResMed Inc 2.37% $2,370
          OZL OZ Min 1.93% $1,927
          OSH Oil Search 1.98% $1,982
          OPS0002AU OC Premium Small Companies 6.82% $6,815
          MQG Macq Grp 2.22% $2,218
          MFG Magellan Fin Grp 3.19% $3,194
          LNK Link Admin Hldg 1.97% $1,969
          LLC Lendlease Grp 1.99% $1,987
          JHX James Hardie Ind 1.94% $1,944
          JHG Janus Henderson 1.86% $1,862
          SYD Sydney Airport 2.35% $2,348
          TWE Treasury Wine 1.89% $1,890
          GMG Goodman Grp 2.35% $2,354
          FMG Fortescue Metals Grp 3.61% $3,610
          FID0026AU Fidelity Future Leaders 5.12% $5,121
          CWN Crown Resorts 2.09% $2,089
          CSL CSL 2.16% $2,159
          CSA0131AU Aberdeen Standard Australian Small Companies 5.21% $5,205
          COH Cochlear 2.15% $2,145
          CAR Carsales.com 1.91% $1,906
          BHP BHP 2.20% $2,204
          Australian Shares 62.19% $6,219,000
          International Shares 22.05% $22,047
          Code Security name Weighting % Amount
          ETL0071AU T. Rowe Price Global Equity Fund 18.04% $18,036
          PER0758AU JPMorgan Global Macro Opportunities Fund - Class A units 4.01% $4,011
          International Shares 22.05% $22,047
          Alternatives 15.75% $15,750
          Code Security name Weighting % Amount
          FRT0011AU Franklin Templeton Multisector Bond Fund 2.84% $2,837
          MAQ0482AU Macquarie Winton Global Alpha 2.96% $2,963
          GMO0006AU Gmo Systematic Global Macro Trust 7.04% $7,037
          GOLD ETFS Physical Gold 2.91% $2,913
          Alternatives 15.75% $15,750
          100.00%
          Total
          $100,010
          Your monthly fee
          Model Portfolio Fee
          $ - per month
          +
          OpenInvest Fee
          FREE First 12 months
          =
          Monthly Fee
          $ -

          After the initial 12 month free period, the monthly OpenInvest fee will be $ - per month based on the investment amount entered.

          Model Portfolio Fee
          $ - per month
          This includes:

          Shaw and Partners Fee, which covers their professional investment management expertise, intellectual property, research, analysis, modelling, asset allocation, and buying and selling decisions. This fee is deducted directly from your investment account.

          The Indirect Cost, which is an estimate of underlying charges of some of the holdings Shaw and Partners may invest in, such as ETFs and managed funds. These charges are automatically deducted by those funds, rather than coming out of your account.

          OpenInvest Fee
          FREE for the first 12 monthsthen $ - per month

          The OpenInvest Fee covers all costs of administering your portfolio, including updating your portfolio - based on decisions of your chosen investment manager - and detailed reporting. This fee is deducted directly from your investment account.

          • No hidden fees or charges
          • We pay for brokerage
          • You keep all interest earned

          A Transaction Cost is an underlying charge levied by an ETF or managed fund when you buy into or sell out of a fund.

          The estimated initial transaction cost for the funds in this model portfolio on a $100000 investment is $ -.

          All fees and charges are inclusive of GST.

          Ready to Invest?

          Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.