The ANZ Online Investment Account can help you grow your investment even faster with relatively low transaction and management costs.
Summary of fees
| Fee type | Fee |
|---|---|
| Account establishment fee | Nil |
| Brokerage fees | Nil |
| Entry fees | Nil |
| Exit fees | Nil |
| Commissions | Nil |
| Management fee | 1% p.a. |
| Transaction cost | 0.25% per transaction |
Management fee
A management fee of 1%* per annum is charged to cover the costs of managing your investment.
| Management Fee example |
|---|
|
If your account balance remained at $1,000 for a whole year, the total management fee charged would be $10.
$1,000 x 1% = $10 management fee p.a. |
Transaction cost
Each time you make a deposit or withdrawal, you will be charged a transaction cost of 0.25% of the transaction value.
| Transaction cost example |
|---|
|
If you make a deposit of $100, a transaction cost of $0.25 will be charged.
$100 x 0.25% = $0.25 transaction cost |
For more detailed information about fees and the ways in which they apply, view the Product Disclosure Statement (PDF 896kB).
* Note: Management fee is inclusive of GST
Important Information
This product is jointly issued by ANZ (for the deposit account) and OnePath Funds Management Limited (for the Fund). The performance of an investment in the Online Investment Account is not guaranteed and can be volatile, particularly in the short term. Once the money that you have deposited is invested in the Fund, it is no longer held on deposit by ANZ or subject to any depositor protection under the Banking Act 1959.
Neither ANZ, OnePath Funds Management nor any other company in the ANZ Group guarantees your investment in the Online Investment Account or the performance of the product or its investments. Your investment in the product is subject to a range of investment risks. They include possible delays in the repayment of withdrawals from your investment and loss of income and principal invested.
ANZ and OnePath Funds Management recommend you read the Product Disclosure Statement (PDF 896kB) before deciding to acquire or hold the product.
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