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Separately Managed Account

Separately Managed Account (SMA) model portfolios are a way of investing directly in shares, while maintaining the benefits of professional investment management. With all the features of investing in a managed fund and the transparency of direct share ownership, there are plenty of reasons to consider SMA model portfolios.

Product features

Key features

Breadth of choice: With 15 SMA portfolios, covering a range of asset classes such as Australian shares, listed property and fixed income, we’re setting a new standard in Australia’s SMA market.

Availability: Unlike many other SMA offerings, our SMA portfolios aren’t limited to investment accounts – they’re also available across super and pension accounts.

Low minimum investment: With a $10,000 minimum initial investment, which is lower than many other platforms, you can consider SMA portfolios as part of your overall investment portfolio. 

Benefits of SMA portfolios:

  • Invest in shares with the added benefit of professional investment management
  • The ability to view the individual shares that are held within your portfolio
  • Likely to pay lower brokerage costs than you would pay if trading shares directly
  • Tax position unaffected by other investors as an individual cost base is established for each investor
  • No CGT events, and avoid buy/sell spreads and broker fees when you transfer commonly-held shares into an SMA and between SMA model portfolios*

Availability

SMA model portfolios are available to super, pension and investment clients in the following products:

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

*Provided the shares transferred do not have a greater weighting than the weighting of the chosen model portfolio.

For more information contact your financial adviser or call 132 652 between 8am to 6pm AEST, Monday to Friday.

Do you have any questions about Super?

Here are some of the more common questions we get asked: