Eagle Star Matrix funds, at least ten years old. 100k initial lodgement. 101% allocation, used a discount broker who added their 3.5% commission. So 104,500 into eight funds on day 1. AMC is 1%. Paid 41% tax on growth at 8th year maybe 2-3 years ago, 150k approx, back to 130k approx. Now worth maybe 140k. 1,400 charge per annum seems a lot. Is there any use in shopping around? Any assurer offering close to 0.5% AMC? Owner is 70+ and will never need the funds.