What is the difference between Management/Admin fees are they the same i.e. 0.75%?
Marcus Today charges an Investment Fee of 0.75% pa (including GST) for the management of the SMA. On top of that the SMA platform provider Praemium charges an Administration Fee that is dependent on the investment amount (see below). Find our full fee outline HERE.
- First $250,000 = 0.33% pa
- Following $250,001-$500,000 = 0.25%pa
- Following $500,001-$1,000,000 = 0.15% pa
- Additional amounts over $1,000,001 = 0.00% pa