You can choose to hold both InvestSMART portfolios and Intelligent Investor Funds within your portfolio, side by side.
The InvestSMART portfolios are part of the capped fee range.
The Intelligent Investor Funds are not part of the capped fee range, and management fees apply at 0.97% p.a. This is the only applicable fee for the Intelligent Investor Funds.
Example:
You have $100,000 in your InvestSMART PMA.
InvestSMART Balanced Portfolio - $85,000
Intelligent Investor Australian Equity Growth Fund (Managed Fund) (ASX:IIGF) - $15,000
The fees are capped in the InvestSMART Balanced Portfolio and would be $550 p.a.
The 0.97% applies to the Intelligent Investor Australian Equity Growth Fund and would be $145.50 p.a.