Absolute Transparency
All shares will be directly owned by yourself. When trades are executed, a letter is sent out by your advisor to explain the reason for the transaction. This innovative model allows you to be included in the portfolio management process while not having to focus on the demanding day-to-day monitoring of the portfolio.
Timing
As the accounts are discretionary, your advisor is able to seek out opportunities that can often be time critical. Whether it be a highly important announcement made by a company or a surprise interest rate decision, often timing is critical to get you the best price.
Tax Benefits
Unlike standard managed funds, a Managed Discretionary Portfolio gives you direct share ownership with the benefits of franking credits. Franking credits allow Australian companies to pass on tax paid at the company level to shareholders.
Reporting
You will receive regular detailed reports on your portfolio’s performance. This includes a comprehensive End Of Financial Year tax report prepared for your accountant. We also provide online access, allowing you to check your holdings any time of the day.
