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Standard smartMonday DIRECT fees1 are:
|Investment2||0.24% p.a. – 0.97% p.a. depending on the investment options you choose|
|Administration3||0.60% p.a. (A portfolio rebate applies for account balances over $250,000)|
|Membership4||$72 p.a. ($6 per month)|
Be protected – with our built-in safety net
Insurance cover for Death and Total & Permanent Disablement is available automatically to eligible members under age 65 who opt-in to cover. For the first two years cover is limited to New Events – that is you’ll only be covered for injury or sickness that occurs or becomes apparent after your cover commences.
And with smartMonday, it’s super easy to increase your cover, change it or cancel it.5
1 Other fees and costs may apply, refer to the smartMonday DIRECT Product Disclosure Statement for further information.
2 These fees are not deducted directly from your account. The investment fee is included in the unit price of each investment option and reduces your investment return.
3 Deducted monthly directly from your account.
4 This is a dollar-based administration fee that is deducted monthly from your account. If you have more than one account, this fee is deducted from each account. It is indexed annually each 1 July in line with inflation as measured by the change in the Average Weekly Ordinary Time Earnings (AWOTE) index.
5 Before making a decision about insurance you should consider whether it suits your financial circumstances and needs and, where appropriate, you may wish to seek financial advice specific to your needs.