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SMA multi-asset model portfolios

 New MLC Managed Account Strategies now available 

There are now six new multi-asset portfolios on MLC Wrap and Navigator. The new MLC Managed Account Strategies provide access to MLC’s proven investment expertise within a managed account. With Premium Model Portfolios that capture the return opportunities of active management and Value Model Portfolios that deliver the cost benefits of passive solutions, MLC Managed Account Strategies means you can give your clients real choice.

Our multi-asset portfolios available through the iSMA product are fully integrated into the MLC Wrap and MLC Navigator platforms. This means you can manage your client’s managed accounts on the platform in the same way as managed funds and shares.

 

Key features

 

Choice

12 multi-asset model portfolios addressing your client needs for growth or income. 

 

Availability

The multi-asset portfolios are available on the MLC Wrap & Navigator super, pension and investment products. See availability section below for further details.

 

Minimum Investment

A $100,000 minimum initial investment on multi-asset portfolios means you can consider these iSMA portfolios for part or all the overall solution for your clients.

 


Benefits of multi-asset Separately Managed Account portfolios for your clients:

 
  • Transparency: Your clients can see the individual assets held within their iSMA portfolio through consolidated reports and statements provided in the MLC Wrap and Navigator platforms and secure client portal.
  • Individual accounts: When your client invests in the iSMA through a platform, a separate interest will be issued to the platform operator in relation to each portfolio you choose, and any assets we hold in relation to that separate interest will be accounted for separately. Your client (or the trustee in the case of a superannuation investment) retain beneficial ownership of the assets held in your clients account.
  • Portability: Your client can transfer Australian securities and units in managed funds that are held by them (or for them) into their Wrap account before transfer into the iSMA. This means the investor (or the trustee for Super) still retain the beneficial ownership in those assets. Your client can also transfer their securities and units in managed funds between their Model Portfolios within the iSMA.
  • Professional investment management: Your client can benefit from the services provided by investment professionals who monitor and manage the Model Portfolios.

 


 

Separately Managed Account portfolios have some additional benefits for advisers, including:

 
  • Business efficiency
    With multi-asset SMA models you spend less time administering your client’s portfolio and more time servicing your clients, which can help you reduce the total cost of servicing your clients.
  • Less administration
    Receive the benefits of investing in multi-asset SMA’s without the administrative burden of tracking separate investments and reporting.
 

You can access further information about these products including the relevant offer documents at mlc.com.au.

You should consider the appropriateness of these products to your client’s circumstance prior to any recommendation being made.

Investment options

Asset class Portfolio name Investment manager Model management fee (% p.a)
Multi-Asset: Diversified MLC Premium Moderate MLC Asset Management 0.305
MLC Premium Assertive MLC Asset Management 0.305
MLC Premium Aggressive MLC Asset Management 0.305
MLC Value Moderate MLC Asset Management 0.254
MLC Value Assertive MLC Asset Management 0.254
MLC Value Aggressive MLC Asset Management 0.254
PIC Lifecycle Growth Moderate* Lonsec Investment Solutions 0.305
PIC Lifecycle Growth Assertive* Lonsec Investment Solutions 0.305
PIC Lifecycle Growth Aggressive* Lonsec Investment Solutions 0.305
PIC Lifecycle Income Conservative* Lonsec Investment Solutions 0.305
PIC Lifecycle Income Moderate* Lonsec Investment Solutions 0.305
PIC Lifecycle Income Assertive* Lonsec Investment Solutions 0.305
       
MLC Asset Management
MLC Asset Management

*The Private Investment Consulting (PIC) multi-asset portfolios may be selected only by PIC Accredited Advisers.  A PIC Accredited Adviser is an authorised representative of a licensee who has received accredited approval from PIC to access their services and the PIC labelled investment options. Multi-Asset Model Portfolios may invest in managed investment schemes which may expand your breadth of investment over additional securities and trusts increasing diversification.



Availability

SMA multi-asset portfolio options are available on the following super, pension and investment products.

  • MLC Wrap Super (including Series 2)
  • MLC Wrap Investments (including Series 2)
  • Other associated badges
  • MLC Navigator Investment Plan (including Series 2)
  • MLC Navigator Retirement Plan (including Series 2)



Performance

 

  • Navigator Australia Limited ABN 45 006 302 987 AFSL 236466 is the issuer of the Integrated SMA product, MLC Wrap Investments Series 2 and MLC Navigator Investment Plan (Series 2). NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 is the issuer of the MLC Navigator Retirement Plan (Series 2) and the MLC Wrap Super (Series 2).  A Product Disclosure Statement (PDS) or other disclosure document in respect of these offers is available at mlc.com.au or by calling 132652. You should consider these disclosure documents in deciding whether to acquire, or continue to hold, each product. Any advice and information provided is general only, and has been prepared without taking into account your particular circumstances and needs. Before acting on any information you should assess or seek advice on whether it is appropriate for your needs, financial situation and investment objectives. Navigator Australia Limited ABN 45 006 302 987 AFSL 236466 and NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 are part of the National Australia Bank Group of Companies. An investment with MLC is not a deposit or liability of, and is not guaranteed by, NAB Limited. PIC portfolios available on the SMA can only be accessed by PIC Accredited Advisers. A PIC Accredited Adviser is an authorised representative of a licensee who has received accredited approval from PIC to access their services and the PIC labelled investment options.  PIC is not the issuer or operator of the ISMA or any platform offering.

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