Supplementary Product Disclosure Statement

Additional explanation of fees and costs
Detailed examples of fees and costs 1
Example 1: $250,000 account
The following example uses an account invested for 12 months consisting of:
• an average daily balance of $5,000 in the Cash Hub
• a managed investment with an average daily balance of $95,000
• three Australian listed securities, each with an average daily balance of $50,000
• four transactions during one full year (with listed securities purchased through the Authorised Broker 2 ), and
• no additional adviser transaction fees.
Initial advice fee
If you agree with your adviser to an initial advice fee of $2,000, the total initial advice fee you will pay upon opening your account
will be as follows:
Initial advice fee $2,000 + 2.5% net GST $2,050
Contribution fee (Super only)
If you contribute $5,000 over one full year and you agree with your adviser to a contribution fee of 5 per cent per contribution,
the total contribution fee will be as follows:
Contribution fee ($5,000 x 5%) + 2.5% net GST $256.25
Management costs
If you have four investments in your account (refer below) for one full year, the total management costs will be as follows:
Administration fee
(Trustee)
Cash hub administration
fee (Trustee)
Investment fee
(product issuers)
With no relationship discount With a relationship discount 3
Total account $200,000 x 0.59% $1,180 $200,000 x 0.53% $1,062
Cash account
Managed investment
(eg Macquarie Master
Balanced Fund)
$50,000 x 0.37% $185 $50,000 x 0.33% $166.50
$5,000 x 2.41% $120.50 $5,000 x 2.41% $120.50
$95,000 x 0.92% $874 $95,000 x 0.92% $874
Australian listed security $50,000 x 0.00% $0 $50,000 x 0.00% $0
Australian listed security $50,000 x 0.00% $0 $50,000 x 0.00% $0
Australian listed security $50,000 x 0.00% $0 $50,000 x 0.00% $0
Switching fee (Trustee) $20.50 x 4 $82 $20.50 x 4 $82
Total management costs 0.977% $2,441.50 0.922% $2,305.00
Adviser service fee
If you agree with your adviser to an advice service fee of 0.50 per cent per annum based on an average account balance of
$250,000 over one full year, the total adviser service fee will be as follows:
Adviser service fee ($250,000 x 0.50%) + 2.5% net GST $1,281.25
Dealer service fee
If you agree with your dealer to an annual dealer service fee of $1,200 (excluding GST), the total annual dealer service fee will be:
Dealer service fee $1,200 + 2.5% net GST $1,230
1
References to “net GST” in the fee examples mean the cost to you after the effect of any RITC has been applied to the GST. We may be able to
claim a RITC of between 55 per cent and 75 per cent of the GST paid on some of these fees. Where we are able to claim a RITC, we will pass the
benefit of this on to you.
2
The example does not include brokerage costs that are payable on Australian listed securities transactions through the Authorised Broker which is calculated
using the value of the trade. Refer to the FIB for further details.
3
If you are eligible for a relationship discount, each tier of the administration fees paid to MIML above is reduced by 10 per cent.
Information incorporated by reference into the PDS is available at macquarie.com.au/wrapofferdocs
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