BetaShares has announced that its exchange traded fund model (ETF) portfolios, Dynamic Asset Allocation, are now accessible to financial advisers via separately managed accounts (SMAs).
The SMAs would be now investible on major platforms including Macquarie Wrap, Hub24 and Praemium, the company said.
The models would offer five different risk profiles based on the APRA Standard Risk Measure, enabling advisers to match portfolios to clients’ financial objectives and risk profiles.
Additionally, the models would use an open-architecture “best-of-breed” approach to select the underlying ETFs used by the models, with funds from BetaShares as well as other ETF managers making up the portfolios.
“Advisers in today’s market face a mounting compliance and administration burden. A number of Australian advisers have found that partnering with BetaShares in delivering an ETF Model Portfolio solution creates a significant amount of cost and time saving for the practice, while providing clients a compelling investment proposition with a robust risk management framework,” Alex Vynokur, BetaShares’ managing director, said.
“BetaShares’ ETF Model Portfolios deliver managed model portfolio solutions with high levels of investment rigour, which are cost-effective, transparent, and simple to explain. Advisers also benefit from BetaShares’ regular investment reports and other support tools.”