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.
The Grow menu can be a cost-effective solution for some clients. 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.
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.
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.
1 MyNorth Super and Pension only
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.
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) |
|
| Account fee | No fee | ✔ (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 Pension 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.
Clients can use one account to mix their investments across any of the three menus on MyNorth, with platform pricing then blended to reflect the proportion held within each menu.
Let’s chat about how Grow can help your clients, and your business.
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Important information
Information is current as of 1 September 2025.
The information on this page has been provided by NMMT Limited ABN 42 058 835 573, AFSL 234653 (NMMT). It contains general advice only, does not take account of your client’s personal objectives, financial situation or needs, and a client should consider whether this information is appropriate for them before making any decisions. It’s important your client consider their circumstances and read the relevant product disclosure statement (PDS), investor directed portfolio guide (IDPS Guide) and target market determination (TMD), available from northonline.com.au or by contacting the North Service Centre on 1800 667 841, before deciding what’s right for them.
MyNorth Investment and North Investment are operated by NMMT. MyNorth Investment Guarantee is issued by National Mutual Funds Management Limited ABN 32 006 787 720, AFSL 234652 (NMFM). MyNorth Super and Pension (including MyNorth Lifetime), MyNorth Super and Pension Guarantee and North Super and Pension are issued by N.M. Superannuation Proprietary Limited (ABN 31 008 428 322, AFSL 234654 (NM Super) as trustee of the Wealth Personal Superannuation and Pension Fund (the Fund) ABN 92 381 911 598. NMMT issues the interests in and is the responsible entity for MyNorth Managed Portfolios. All managed portfolios may not be available across all products on the North platform. All of the products above are referred to collectively as MyNorth Products. The information on this page is provided only for the use of advisers, it is not intended for clients. This page provides a brief overview of some of the benefits of investing in MyNorth Products. The adviser remains responsible for any advice/services they provide to clients including making their own inquiries and ensuring that the advice/services are appropriate and in accordance with all legal requirements.
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