Six Park’s expert investment management team can help you make smarter investment decisions.
Six Park launched in 2016 after two years of testing and with more than $2 million of customer funds under management. Read about Six Park’s wealth of expert investment advice and how this makes Six Park more than just a robo advice platform.
Six Park’s is backed by a team with over 200 years of investment experience, including Lindsay Tanner (former Australian Minister of Finance), Brian Watson (former Chairman of JP Morgan Australia) and Paul Costello (founding GM of the Australia Future Fund), who are all clients and shareholders.
Six Park calls itself “Robo Plus”, given it's unique combination of investment expertise.
How many investment portfolios does Six Park offer?
Six Park offers five investment portfolios ranged from low to high risk. Each portfolio is diversified across major asset classes and offers a mix of defensive and growth investments using high quality, ASX-listed Exchange Traded Funds (ETFs).
Six Park customers have a Macquarie Cash Management Account created in their name, and all assets are held in their name, which enables better transparency of investment reporting and performance.
The Six Park Conservative Portfolio is suited to you if you’re risk-averse and if you don’t mind selling your investments if you take a loss. The Conservative Portfolio has a mix of 80% defensive assets and 20% growth assets.
The objective of the Conservative Portfolio is to return an average of 2.5% above the CPI annually. This portfolio is expected to return negative results twice on average over 20 years.
Conservative Balanced Portfolio
The Six Park Conservative Balanced Portfolio is ideal if you’re looking to hold your investment for at least five years. It’s made up of 60% defensive assets and 40% growth assets.
The aim is to deliver an annual return of 3.25% above the CPI. The Six Park investment team estimates this portfolio will deliver an average of three negative returns over 20 years.
This will suit you if you want a mix of growth and defensive assets and you can commit to an investment period of at least seven years. The Six Park Balanced Portfolio has a mix of 40% defensive assets and 60% growth assets.
The objective of this portfolio is to provide an annual return of 4% above the CPI, although it’s stated that there should be a medium level of variability on annual returns. Six Park expects four negative annual returns over 20 years.
Balanced Growth Portfolio
Six Park’s Balanced Growth Portfolio is suited to you if you’re comfortable with risk, and the typical investment period for this portfolio is 10 years. The Balanced Growth Portfolio is made up of 25% defensive assets and 75% growth assets. This portfolio includes larger allocations of investment towards international and emerging markets equities.
Investments are focused towards offshore equity markets, and the portfolio has an expected average return of 4.75% p.a. above the CPI. Six Park estimates an average of five negative annual returns over a 20 year investment period.
Aggressive Growth Portfolio
This is a portfolio for risk takers and investors who don’t need capital if the portfolio takes a loss. The Aggressive Growth Portfolio is made up of 90% growth assets and 10% defensive assets and has an investment horizon of 12 years.
This portfolio’s objective is to beat the CPI by 5.5% over a medium to long-term period. Six Park expects six negative annual returns over a 20 year investment period.
Six Park fees
When you invest with Six Park, there are no trading fees to buy and sell securities and no fees for depositing or withdrawing from you account.
The management fee is deducted from your account every month and is calculated based on your average account balance in the preceding month.
|Account balance||Management fee|
|$10,000-$199,999.99||0.50% p.a. (GST included)|
|$200,000-$499,999.99||0.40% p.a. (GST included)|
|$500,000+||0.30% p.a. (GST included)|
ETF management fees average 0.25% but these charges are not paid by Six Park customers, but rather are reflected in the ETF share price.
What asset classes can I invest in?
Six Park has handpicked Exchange Traded Funds (ETFs) for exposure to assets in the following markets:
- Australian shares
- International shares
- Listed property (domestic and international)
- Emerging market shares
- Global infrastructure
- Australian fixed income/bond
- HIgh yield cash assets
What are the benefits of using Six Park?
Six Park offers more than 100 years of combined investment experience. The Six Park investment team combines the knowledge of Australia’s foremost finance gurus, including Lindsay Tanner, the former federal finance minister, and former JP Morgan executive, Brian Watson.
The investment team reviews and tweaks each Six Park investment portfolio in response to market conditions for a competitive management fee.
Six Park investment portfolios are comprised of a diversified mix of assets. The investment team selects ETFs in each asset class, which gives you a wide exposure to a mixture of top-performing cash yield assets, shares, listed property and bonds. The ETFs and selected and portfolios are managed to cater to investors of different risk appetites.
Customers also receive automatic portfolio rebalancing of their account at no extra charge to keep you on track with your investment strategy. All the assets are held in your name and there are no brokerage costs to worry about.
Online reporting is available so you can enjoy the convenience of a paperless setup.
Low-cost online platform
Utilising an online platform means Six Park can offer cheaper financial advice compared to actual financial advisors. You can also log in and check the status of your investments 24/7.
Online platforms run by real people
Using economies of scale, Six Park employs real financial advisors and investment managers to help run its online platform.
How do I get started with Six Park?
The Six Park service is online and automated, so the following steps can all be completed within minutes to get you up and started with your investment management. The help desk and chat room is available if you need assistance.
To get started with Six Park, you need to be able to answer “yes” to any of the following:
- Do you earn more than you spend?
- Do you have spare funds to invest?
- Do you have investments to sell in order to invest?
- Can you make regular contributions to an investment account?
What happens after I express interest?
You must complete a questionnaire so that Six Park can gauge your capacity for risk, your risk appetite and your investment horizon. The following steps will then apply:
- Get an investment recommendation from Six Park based on the answers you provide
- Review and sign off on your Statement of Advice and documents that outline the details of our service
- Complete an online form to create a Macquarie Cash Management Account (CMA) and open a brokerage account, both in your name
- Deposit funds into your CMA account and Six Park’s service will automatically get you invested according to your strategy. Six Park cater to SMSF and non-SMSF accounts; individual, joint and family/corporate trusts.