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netwealth March 2021 Quarterly business update ASX Release - 15 April 2021 FUA of $ 41.8 billion , 50 % growth in past year Quarterly highlights and outlook • • • . • Funds Under Administration ( FUA ) at 31 March 2021 of $ 41.8 billion , an increase of $ 3.0 billion ( 7.8 % increase ) for the March quarter including market movement of $ 0.8 billion and an increase of $ 14.0 billion ( 50.1 % increase ) to PCP¹ including positive market movement of $ 5.7 billion . FUA net inflows of $ 2.3 billion for the March quarter and $ 6.7 billion YTD² . Funds Under Management ( FUM ) at 31 March 2021 of $ 10.5 billion , an increase of $ 1.2 billion ( 12.7 % increase ) for the March quarter and an increase of $ 4.2 billion ( 66.4 % increase ) to PCP . FUM net inflows of $ 0.9 billion for the March quarter , includes $ 0.9 billion Managed Account net inflows . Managed Account balance of $ 8.7 billion at 31 March 2021 , an increase of $ 3.7 billion ( 73.1 % increase ) to PCP . In the Investment Trends 2020 , Platform Benchmarking Report Netwealth was ranked first in the industry for : transaction tools ; reporting ; - product offering ; and decision support tools . Netwealth also received the highest net promotor score , for the second year in a row , as rated by advisers in the Adviser Ratings 2020 Financial Advice Landscape Benchmarking Study . Netwealth expects full year FUA net inflows to be approximately $ 9 billion . 1 . PCP : prior comparative period March 2020 quarter 2 . YTD : Year to date 1 July 2020 to 31 March 2021 Netwealth Group Limited ( NWL ) Level 8/52 Collins Street Melbourne VIC 3000 ABN : 84 620 145 404