Marcus Today SMA Fee outline:

The PDS makes reference to a number of fees including Establishment Fee, Contribution Fee, Adviser Service Fee, Dealer Group Service Fee, Research Fee. They all have amount of “up to x%” in the PDS. That’s the give-away. All of these feees are discretionary and MAY be charged by your financial adviser, if you have one. These fees are not charged by the Marcus Today SMA. If you apply to invest in the SMA through us, these “up to” type fees do not apply and the only fees you need to know about are the ones in the SMA Fact Sheet. Our fees for the first $50,000 are 1.08%

ADMINISTRATION FEE:

  • First $250,000 0.33% pa
  • $250,001-$500,000 0.25%pa
  • $500,001-$1,000,000 0.15% pa
  • $1,000,001-$2,000,000 0.10% pa
  • $2,000,001 to $3,000,000 0.00% pa
  • More than $3,000,000 0.00% pa

Investment Fee: 0.75% pa (includes GST)

Performance Fee: 10% if outperformance compared to the benchmark ASX 300 Accumulated Index Growth Fund and ASX 200 Industrials Accumulation Index Income Fund (subject to positive performance and a high-water mark)

Transactional Fee: Wholesale brokerage 0.055% plus GST Settlement $0.87 per security transaction

Expense Recovery: Praemium is entitled for reimbursement of expenses such as audit, legal, tax consulting, fees, expenses and liabilities relating to the management and operation of the Scheme. Payable annually from SMA account.

In-specie Transfer Fee and Transaction Fees as listed in the Fact Sheet.

 INITIAL FEE FOR $50,000 TO $250,000
 Initial Admin fee of 0.33% + Initial Investment fee of 0.75%
  • Administration fee:
 $165 p.a. (0.33% x 50,000)
  • Investment fee:
 $375 p.a. (0.75% x 50,000)
  • Expense Recovery:
 Up to $65 p.a.
  TOTAL: $605

 

To find out more or to invest in the Marcus Today SMA please click on the appropriate application form above, complete it, save it and :

  • Send it to sma@marcustoday.com.au, or
  • Fax it on 03 9867 2131 or
  • Post it to
    • Chichi Nwokocha
    • Marcus Today Pty Ltd
    • PO Box 1020
    • St Kilda South, VIC 3181

 

Or you can contact Chichi initially at Marcus Today on 0428 062 327 or email sma@marcustoday.com.au for more information.

Marcus Today SMA