We’ve reduced our investment fees and our Wholesale Balanced Fund minimum investment

As part of our continued focus to provide great value ethical investments, we've reduced the investment fee for our Fixed Interest Fund and Income Fund, effective 1 October 2020. We’ve also reduced our minimum investment amount for the wholesale Balanced Fund, effective 1 October 2020. Since good things come in threes - we’ve also reduced our Buy / sell spread for the International Shares Fund.   

You can find updated details of all our fees and costs on our Managed Fund fee page. If you have any questions, feel free to call our helpline on 1800 021 227, 9am to 5pm AEST (Monday to Friday). 

Below is an overview of all fees that have changed from 1 October 2020 and may apply to your Managed Fund account with Australian Ethical.

Type of fee or cost Fund name  APIR code Change from  Change to (1 Oct)
Management costs Income Fund (retail) AUG0003AU 0.50% p.a. 0.20% p.a
Income Fund (wholesale) AUG0024AU 0.35% p.a. 0.20% p.a.
Fixed Interest Fund (retail) AUG0021AU 1.00% p.a. 0.50% p.a.
Fixed Interest Fund (wholesale) AUG0023AU 0.45% p.a. 0.30% p.a.
Minimum investment amount Balanced Fund AUG0001AU $25,000 in the Balanced Fund, plus a $500,000 Investment across Australian Ethical’s Managed Funds $25,000 in the Balanced Fund, plus a $200,000 Investment across Australian Ethical’s Managed Funds
Buy / sell spread International shares Fund (retail) AUG0006AU 0.10% / 0.10% 0.05% / 0.05%
International shares fund (Wholesale) AUG0025AU 0.10% / 0.10% 0.05% / 0.05%