Welcome to Direct Access
Direct Access gives you the chance to invest directly in Australia 's most popular managed funds without the initial brokerage fees.
Simply put Direct Access distributes over 900 of Australia's Managed Funds including Unit trusts, Superannuation funds and Allocated pensions. Currently all of the funds being distributed via Direct Access are entry fee free, so invest 100% of your money,and all 100% will be invested!
The usual entry fee is rebated into your investment as units so essense you are investing 100% of your money. Let it all work for you. !
How do I use the service?
We supply you with a product disclosure statement by mail or, in the case of most funds, by downloadable PDF file as an alternative.
To obtain a product disclosure statement now simply visit www.directaccess.fairfaxdigital.com.au and order a product disclosure statement online., or if you prefer contact us on 1800 047 745. If you wish to fast track this process and know what fund you are looking for click here and order the fund from this quick reference page.
Once you've chosen the fund you're interested in joining from the product disclosure statement you've received, you simply send the application form back to us with the monies for processing. We will process your application usually within 24 hours and forward on to the relevant fund manager.
The fund manager will then process your application and contact you directly with an statement of your investment.
What are the benefits of using the Direct Access service?
For instance, if you invested $10,000 in an MLC managed fund you would usually pay 5%, or $500, in entry fees. With Direct Access, this fee is waived and you retain the full benefit of your $10,000 investment.
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No upfront fee when rolling over your superannuation.
For instance, if you have left and employer or just want to open a new superannuation account the initial investment can be reduced by having to pay an entry fee. When you roll your super to a new account you could be losing up to 5%, by investing or rolling over your siuperannuation with Direct Access 100% of your super will roll not the total minus entry fees.
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No entry fees on ongoing contributions.
The savings do not stop with your initial investment. If you choose to top up your investment or add to your superannuation account the entry fee rebate is still applicable.
For instance add an extra $100 to your investment every month and have all of it invested don't pay the entry fees on this extra contributions either.
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No upfront fees when opening an allocated pension.
Want to move your superannuation across to an allocated pension. Direct access allows you to do so once again without paying the entry fee. With direct access the fee is waived, for instance you may wish to move all of your superannuation lets say $250,000 across from a superannuation fund into an allocated pension. why lose 4% of the $250,000 thats $10,000, lost.
How does the Direct Access service work for existing investments?
If you are making on going contributions into your investment, you may well be paying an entry fee on every single contribution!! You can avoid this by consolidating your investments under Direct Access for no cost. No units need to be bought and sold, it is simply a case of changing the "agent" on your investment to Direct Access.
By filling out our Request to change advisor Form for each of your investments and sending it back to us, we will be able to organise the transfer of agency on your behalf.
If you are making regular contributions to your investment, this service is particularly useful. By simply transferring the agency on your investment to Direct Access you can avoid an unnecessary fee. This will not effect your payment arrangements if you have them in place (e.g. a monthly direct debit from your account).
More Frequently Asked Questions about the Direct Access Service.
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For a complete list to the funds we are currently distributing click here