Macquarie Individually Managed Account
Overview
Macquarie’s Individually Managed Account (IMA) is a discretionary management service that allows you to maintain control over the direction of your client’s portfolio and at the same time delegate the day-to-day decisions to a team of experts.
Packaged solution
Investment consulting and management, security implementation and execution, plus investment administration and reporting.
Tax management focused on after-tax returns
We have a dedicated MCPM implementation and execution team in-house that manages your clients after-tax return through constant pre-trade tax management and rebalancing. This pre-trade optimisation process is undertaken as part of MCPM's daily risk management procedures which ensures all portfolios are compliant with their individual investment mandates. As a result you can offer clients a tangibly better service. The accounts custodial structure gives your clients tax benefits they would not receive from managed funds.
Customised
Your client’s investment portfolio is individually tailored and managed in accordance with their investment and lifestyle goals, income requirements, risk tolerances and tax situation as well as any restriction that may apply.
Investment capabilities
The investment management process operates within a team environment, with your client’s portfolio being managed by a team of investment professionals. MCPM receives research, deal flow and institutional broking services from all of the top research houses in Australia. MCPM has extensive managed account experience and more than 1 billion dollars under management. It is one of Australia's largest providers of managed accounts.
Flexibility
Direct beneficial ownership combined with financial planning ensures your client’s investments are structured to meet their financial goals and optimise their tax situation. MCPM has a choice of investment strategies, that can be adjusted at any time in accordance with your client’s needs or lifestyle changes, without penalties or exit fees.
Reporting
MCPM’s reporting is a totally transparent service that relieves your client of all paperwork yet provides regular comprehensive reports to facilitate tax planning, particularly with regard to off-setting capital gains with capital losses and using franking credits.
Features
The Macquarie Individually Managed Account is a tax managed portfolio of individually owned securities. As the portfolio is both personalised and professionally administered, it’s a structure that allows you to deliver customisation and benefit from scale. That is good for your clients and your business
Key features
| Feature | Details |
|---|---|
| Tailored Investment Portfolios | The portfolio can be customised to suit your clients individual tax management, risk and return requirements. You also have the ability to restrict certain securities or sectors, enabling you to tailor the portfolio to suit your clients individual investment and ethical preferences |
| Asset Allocation | The portfolio is managed according to the asset allocation outlined in your Investment Policy Statement . Changes to the asset allocation can be made at any time by completing a change in investment policy statement form available from the ‘Resources’ section of our secure website |
| Choice of funding | Portfolios can be funded by cash, transfer of an existing portfolio of ASX listed securities and certain managed funds, by gearing with a margin loan from an approved lender, or a combination of these. In addition you can set up a regular contribution plan to make recurring contribution to the portfolio |
| Minimum Portfolio Balance | $500,000 |
| Access to your investment |
Your client can withdraw from their investment at any time, or set up a regular withdrawal plan to transfer regular payments from your portfolio to their nominated financial institution. If investors wish to withdraw their investment or close their portfolio, they have a choice of:
|
| Online Access 24/7 | You have access to secure online reporting allowing you to view the portfolio holdings and transactions at any time |
| Quarterly Reports |
Each quarter we will provide your client with a report pack that will include:
|
| Annual Tax Report | After the end of a tax year we will provide your client details of any assessable income, capital gains, tax credits and any other relevant items to include in their tax return |
| Margin Lending | You can apply to gear your portfolio with a margin loan from an approved margin lender. For further details, speak to your financial adviser or our Client Service team on 1800 501 180 |