Cash minimums for Wrap accounts

Your client needs to hold a minimum amount of $2,500 cash in their account. 

Insufficient cash balance

If there is insufficient cash in the cash account to meet any fees or costs, or if the cash account drops below the cash minimum, we may sell down assets to replenish the cash account balance. You can read more about this in the applicable offer document.

Interest rates on cash balances

You can see the Cash Account and Cash Hub interest rates on the homepage of Adviser Online.

Was this helpful?
 

If you have any feedback on this article or need
additional support, please contact us via live chat
or email service@wrapinvest.com.au.