“SMAs allowed us to direct more time to delivering client value.”
Like managed funds, managed accounts can offer lower management, custody and execution costs than retail broking fees.
Managed accounts offer the advantages of dynamic asset allocation, allowing investment managers to move in and out of asset classes quickly to take advantage of emerging opportunities and manage risk.
You and your clients can view the underlying securities held. In changing markets, you can track the performance of individual holdings.
Managed accounts can provide tax benefits as the tax positions for direct equities are the client's own. Portability of underlying holdings can also help manage any tax implications.
Through our Macquarie Wrap platform we have a menu of approved SMAs ready to go – access 316 SMA models across 62 managers1, all in a single ecosystem. View our investment menu for the full list of SMAs.
This option is the quickest way for you to start using SMAs in your business and realise the benefits they can deliver to you and your clients. You can take advantage of a specialist investment team managing the portfolios and free up more time to spend with your clients.
If your firm has investment management capability backed by a robust strategy, set of controls and methodologies, you may be able to build and/or bring your own SMA to our platform.
You can use your own Responsible Entity (RE) structure, or appoint Macquarie as the RE, and keep full control of the investment solution and maintain greater flexibility in determining your investment decisions.
Jointly manage your SMA model by sharing the responsibility with an experienced and qualified partner. For example, you can work alongside an external investment provider who sets the investment strategy and decisions.
You may have some, but not all, of the capability to build your own SMA. This is a good option where you can hold onto some of the responsibilities and leave the rest to a specialist team who are experts in the field.
Unless stated otherwise, this information has been prepared by Macquarie Investment Management Limited ABN 66 002 867 003 AFSL 237 492 RSEL L0001281 (MIML). It is provided for the use of licensed and accredited brokers and financial advisers only. In no circumstances is it to be used by a potential client for the purposes of making a decision about a financial product or class of products.
The Macquarie Wrap products referred to on this page are issued by MIML. This information doesn’t take into account individual needs or financial situations - consider our Product Disclosure Statement (or other applicable offer document(s)) available on the Macquarie website, to decide if our products are right for you and whether you should acquire or continue to hold a product.
The Macquarie Separately Managed Account is issued by Macquarie Investment Services Limited ABN 73 071 745 401, AFSL 237495 (MISL).
Funds invested on your behalf by MIML are not deposits with or other liabilities of Macquarie Bank Limited or any other entity of the Macquarie Group and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. None of Macquarie Bank Limited, MIML, or any other member of the Macquarie Group guarantees any particular rate of return or the performance of the investments, nor do they guarantee the repayment of capital.
Current as at 1 February 2021.