Invest your super or simply trade with a Wrap account

A wrap account is a great way to take control of your superannuation fund and invest for your future. Wrap accounts are also ideal for investors, who trade and want greater control, investment options and portfolio diversity, with access to shares, Exchange traded funds and wholesale managed funds along with consolidated tax reporting provided at no additional cost.

What is a Wrap Account?

Basically, wrap accounts allow you and other investors to pool your money together to create a fund large enough to access wider investment opportunities and save costs.

 
Advantages of Wrap Accounts:

You can control and consolidate all of your investments in one place– WRAP accounts lets you access managed funds, shares, cash providing great diversification benefits to your portfolio.
 
You can access margin lending facilities and wrap accounts provide online access to view reports
on consolidated holdings. A single consolidated tax report is received each year which can save on accounting fees
 
·         Tax deductibility of fees– Some platform’s administration fees may be tax
deductible.
Flexible - investors are able to switch their investments between managers at a reduced cost. 

Disadvantages:

While wrap accounts provide a greater level of flexibility, passive investors who do not utilise this feature may pay a higher level of management and administration fees.
 
What to know more? Then complete our check list and we will get back to you shortly with more details.