We keep our costs low by using smart technology and automation, by keeping our overheads lean and by focusing on low cost ETFs and trading/reporting platforms.
Our management fees include:
|Amount invested with Six Park||Fee*|
$10,000 – $199,999.99
$200,000 – $499,999.99
Note: Each ETF in your portfolio will charge management fees to cover their admin/operating costs. These fees flow to the ETF issuer (not Six Park) and are incorporated in the share price of the ETF. The overall management fees on the ETFs in our portfolios are approximately 0.25% per annum but depend on your portfolio selection.
* Fees based on total average account balance, charged monthly.
** If you are overseas, banks may impose fees on any foreign exchange conversion, or international payment instructions.
*Optional services by our SMSF partner:
One off setup fee
Fund establishment, trust deed, registration with ATO including ABN and TFN application. Corporate trustees will incur and additional $950 setup fee.
One off setup fee for Corporate Trustees
Fund establishment trust deed, registration with ATO including ABN and TFN application.
Ongoing admin and annual audit
Tax preparation and financial reporting.
Note: Does not include $259 ATO supervisor levy or additional fees that may apply if you require additional services from our SMSF partner.
* Fees charged by Six Park for services provided by our SMSF partner.
These costs are not charged or collected by Six Park but are instead reflected in the underlying value of your investments.
ETF Management Fees - As with any other managed fund, each ETF in your portfolio will charge management fees to cover the fund’s administrative and operating costs. These fees flow to the ETF issuer (not Six Park) and are incorporated in the share price of the ETF. The management fees on the ETFs in our portfolios currently range from 0.18% to 0.52% per annum – which is generally much lower than the costs of investing in a typical managed fund.
Spreads - Like any listed security, there are differences between the price at which people are willing to sell and buy an ETF at any point in time. This is known as the bid-ask spread. The size of the bid-ask spread – as well as its proximity to the ETF’s underlying net asset values - affects the price at which an ETF can be bought or sold and (indirectly) affects your overall investment returns.
CMA Costs - You will not be charged fees for establishing your Cash Management Account or for depositing or withdrawing any funds. However, in certain limited instances, Macquarie may charge fees for the provision of additional services that you may request (e.g. providing an audit letter, requesting paper statements). Details of these standard fees are available online on Macquarie’s website or by contacting us at [email protected]