Colonial First State Master Trust

Discussion in 'Share Investing Strategies, Theories & Education' started by Johny_come_lately, 11th Jul, 2009.

Join Australia's most dynamic and respected property investment community
  1. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    566
    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.
     
    Johny_come_lately, 11th Jul, 2009
    #1
  2. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    566
    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.
     
    Johny_come_lately, 12th Jul, 2009
    #2
  3. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    1,075
    Location:
    Sydney, NSW
    Hi Johny,

    It'll be disclosed in the Product Disclosure Statement.

    Cheers,

    Dan
     
    AsxBroker, 13th Jul, 2009
    #3