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 Master Funds are  VERY popular way of investing your hard earned money. They provide people with access to wholesale funds with their lower cost structures and at the same time enables you to have a diversified portfolio with a variety of fund managers attending to your affairs.

With consolidated reporting and the ability to switch investments without incurring additional entry or exit fees make them an attractive investment option.

There is, however an additional level of fees that is not part of the normal retail investments. This fee is the management fee that the master trust operator adds top cover their costs and the costs of commissions to the advisers.

There are a large number of Master Funds in the market and some Financial Planning organisations have actually badged Master Funds so that they appear as their own. They do this in order to maintain tighter control over the funds invested and by attracting large numbers of clients and developing a large pool of funds, they get economy of scale and are able to negotiate better deals from the underlying investment managers.

One of the original Master Fund operators is ASGARD and they have a few large Dealer groups who use their master fund and call it something else. One of these Master Funds is PortfolioCare which has become a very popular investment vehicle due largely to 

• the very competitive fees and 
• their levels of customer service. 
• they are an easy organisation with whom to transact business 
• large choice of reputable funds and fund managers

Another very large and very well respected Master Trust is Navigator. This Master Fund is owned by Norwich

Click on picture to look at their site

The following links will take you to the specific Master Fund that you are interested in.

• ASGARD
• PortfolioCare
• Navigator
• Colonial Master Funds