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Colonial First State Master Trust

Discussion in 'General Investing Discussion' started by Johny_come_lately, 11th Jul, 2009.

  1. Johny_come_lately

    Johny_come_lately Well-Known Member

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    Location:
    SE Queensland
    "a Master Trust or Wrap is a device in which a group of managed funds, usually Wholesale, are managed from the one account."

    Does anybody know the MER for CFS's management of their mastertrust alone? What do other companies charge?



    Thanks, Johny.
     
  2. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
    703
    Location:
    SE Queensland
    Wrap MER

    I've been doing some research and it was suggested that a MER of 0.6% is average for a mastertrust/wrap administration. Does that sound right?


    Johny.
     
  3. AsxBroker

    AsxBroker Well-Known Member

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    8th Sep, 2007
    Posts:
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    Location:
    Sydney, NSW
    Hi Johny,

    It'll be disclosed in the Product Disclosure Statement.

    Cheers,

    Dan