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An option for simpler needs.

 

When it comes to investing, we understand that some clients don’t want all the bells and whistles. So, to help you support clients who may have simpler investment needs, our Grow menu offers a range of managed portfolios with pricing that can be cost-effective, while also providing the overall benefits of being on the North platform.

What’s more, with the addition of the Grow menu, MyNorth provides greater flexibility by catering to clients as their investment needs change. That’s because, with MyNorth, clients may seamlessly mix their investments across all three menus, with platform pricing blended to reflect the mix that’s chosen.

The key benefits of our Grow menu.

  • Cost-effective

    There are no account fees and no tiered administration fees when investing in the Grow menu. When mixing with investments from the other menus, clients pay blended platform administration fees and can also benefit from family fee aggregation.

  • Flexibility to grow

    As a client’s investment needs change, they can broaden their portfolio by adding investments from the Select or Choice menus, with administration fees blended accordingly. There’s no need to have different accounts for different menus.

  • Access to North

    By having an account on the North platform, clients can have access to many great features and services, including MyNorth Lifetime1, MyNorth Guarantees and Family Fee linking.

  • Business efficiencies

    Overall, North helps advisers better serve their clients by helping streamline admin and operational tasks, and offering great technical support and BDMs you can count on.

1 MyNorth Super and Pension only.

Pricing for the Grow menu

The Grow menu offers a simplified pricing structure, featuring:

  • No tiered administration fee
  • No account fee
  • Managed Portfolios that charge a minimum investment management fee of $250 per account (subject to individual and family fee linking)
  • Blended platform administration pricing when co-investing with Select and Choice investments and including individual and family fee linking.

 

Here’s how Grow compares to other menus on North

Type of fees and costs that apply across the three MyNorth menus when investing in Managed Portfolios.

 

Platform fees and costs (i)

  Grow Select Choice
Admin fee No fee (ii) ✔ (min. $180 pa) ✔ (min. $180 pa)
Account fee No fee ✔ (min. $180 pa) ✔ (min. $180 pa)
Cash account investment fee ✔ ✔ ✔
Trustee fee (super and pension accounts only) ✔ ✔ ✔

 

Managed Portfolios as an Investment Option - fees and costs (iii)

  Grow Select Choice
Investment management fees ✔
(min. $250 pa)		 ✔ ✔
Underlying management fees and costs ✔ ✔ ✔
Managed portfolio cash investment fee ✔ ✔ ✔
Performance fees ✔ ✔ ✔
Transaction costs ✔ ✔ ✔

 

(i) Other fees also apply such as the lifetime fee (MyNorth Lifetime Income and MyNorth Deferred Lifetime Income accounts only), guarantee fee, brokerage fee, in specie transfer fee and telegraphic fee. Refer to the fees and other costs section of the relevant PDS and/or IDPS Guide for details of fees and costs.
(ii) This assumes that the cash account balance is nil. Amounts held in the cash account are treated as being invested in the Select menu and an administration fee will apply at the applicable tiered percentage-based fee, subject to the minimum administration fee (proportioned based on the total account balance).
(iii) Other fees and costs may apply. Refer to the fees and other costs section of the relevant PDSs for details of fees and costs.

View MyNorth Grow Managed Portfolios PDS

Explore the Grow menu

 

The Grow menu offers a range of purpose-built managed portfolios designed for simpler needs. See our Investment Managers on the Grow menu, or use our fee calculator to estimate and compare administration fees for your clients.

Grow Managed Portfolios
Calculate admin fees

FAQs

  • Grow is a separate investment menu offered alongside Select and Choice
  • There is no overlap in investment options; however, clients can use one account to mix their investments across any of the three menus on MyNorth, with platform pricing blended accordingly
  • Grow has been designed as a cost-effective option for some clients. Please refer to the relevant MyNorth PDS/IDPS Guide for more information regarding the Grow investment menu fees and costs.

For clients with simple investment needs who aren’t currently served by Select or Choice, Grow offers:

 

  • New investment menu: New range of investment options offered on all MyNorth account types (super, pension and IDPS)
  • Concentrated range of investment options: Unique Managed Portfolios for clients who don’t need the broader investment range of the Select/Choice menu
  • Pricing structure: New, simplified and cost-effective pricing with no account fee, no administration fees and investment fees and costs only
  • Ability to co-invest: Ability to co-invest in Select/Choice with blended platform pricing without having to open a new or separate MyNorth account
  • Grow seamlessly: Ability to ‘grow’ seamlessly as a client’s investment needs change
  • Full North functionality: Access to family fee linking and the full range of MyNorth features and investments including MyNorth Lifetime, MyNorth Guarantees, North Mobile App and North Service Centre.

With Grow, Advisers now have a solution on North to cater to a wider range of clients and to service clients with simple advice needs and support them through their wealth creation journey.

 

  • Simplicity: Designed as a separate menu not a standalone product for clients with simple investment needs
  • Supporting Best Interest Duty: Competitive price point in the price-sensitive target market
  • Co-investment between menus: Co-invest in MyNorth Select/Choice investments alongside Grow within the same account at blended Select/Choice pricing
  • Leverage existing North processes and product design: Based on existing North user functionality and experience
  • Full access to North: Clients will have access to all North’s award-winning benefits and features including family fee linking, MyNorth Lifetime, MyNorth Guarantees and the North Services model
  • Seamless integration: Ability to seamlessly move to other investments as clients’ needs change including the potential to optimise any CGT liability.

The Grow menu offers a curated range of Managed Portfolios from four Investment Managers, catering to a range of risk profiles. For more information on the Investment Managers and the available portfolios, visit Grow Managed Portfolios.

Yes. By having an account on the North platform, clients can access many great features and services, including MyNorth Lifetime Super and MyNorth Lifetime Pension accounts.Find out more about giving your clients life-changing retirement outcomes with our award winning MyNorth Lifetime.

  • Advisers can use our fee calculator to estimate and compare administration fees for your clients
  • Additionally Advisers can log in to North Online then navigate to Products > Calculators > MyNorth Fee Calculator.

Let's chat about how Grow can help your clients, and your business.

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Information is current as at 1 September 2025.

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