About Six Park and how it works

Information verified correct on March 30th, 2017

Six ParkSix 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.

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.

Conservative Portfolio

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.

Balanced Portfolio

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.

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 you’ll pay a one-off establishment fee and a balance-based management fee.

The management fee is deducted from your account every month and is calculated based on your average account balance in the preceding month. The establishment fee is a one-off set up fee of $50 (plus GST).

Account balance Management fee
$10,000-$24,999.99$131 p.a. + GST
$25,000-$99,999.990.50% p.a. + GST
$100,000-$499,999.990.45% p.a. + GST
$500,000-$999,999.990.40% p.a. + GST
$1,000,000 +0.35% p.a. + GST

You may also incur indirect costs such as ETF management fees and ETF spread fees. These charges are paid to the fund issuer and can be included in the 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
  • Emerging market shares
  • 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.

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?

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. It’s important that you answer these questions truthfully since your portfolio will be based on the answers you provide.

Six Park will then recommend an investment portfolio for you based on the answers you provide, and if you’re happy to proceed, it’s brokerage partner (OpenMarkets) will create a Cash Management Account for you with Macquarie. You can then make your opening deposit.

Further questions you may have about Six Park

Who owns Six Park?

It’s a privately owned Australian company founded by a team of professionals with over 100 years of combined experience spanning investment and portfolio management.

How is Six Park regulated?

Six Park is an Authorised Representative of Bespoke Portfolio Pty Ltd (ACN 136 853 819). Bespoke Portfolio holds an Australian Financial Services Licence (AFSL Number 341991).

How is Six Park different to investing in managed funds myself?

Six Park believes in a passive investment strategy, that is, a “set and forget” strategy. Rather than focusing on trying to beat the market, Six Park focuses on low-cost, broad-based portfolios.

Is there a minimum amount to get started?

Yes, you will need a minimum of $10,000 to set up an account.

How is my information protected?

Six Park uses Secure Sockets Layer (SSL) technology and your passwords are encrypted. You are also protected by client privacy protection.

Can I open an account if I’m not an Australian citizen?

Unfortunately only Australian citizens and residents are able to open an account with Six Park.

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