Security of my holdings & InvestSMART website
InvestSMART has several tools and guides to help you select the right portfolio.
You will notice a common thread throughout the guides, the investment time frame. We recommend investors look at the suggested time frame associated with each portfolio to see if it aligns with their investment goal.
Here is a list of tools and guides to help select the right portfolio:
- InvestSMART's statement of advice
- InvestSMART's guide to growing your wealth
- InvestSMART's guide to investing in retirement
- InvestSMART's investor pack
- Wealth savings calculator
- Saving to buy a property calculator
- Saving for kids education calculator
- Saving for retirement calculator
Additionally, we have InvestSMART Bootcamp, which is a comprehensive investment course designed to get you started on the right foot.
The InvestSMART Professionally Managed Account (PMA) is established and offered within the registered managed investment scheme known as the Professionally Managed Accounts.
Each investor has a separate account to which their investments are allocated. You will require a different PMA fo each investment entity you have e.g. individual, joint, SMSF etc.
A client will open an InvestSMART PMA and can then choose between the various InvestSMART Diversified Portfolios. An account can hold one or more models. The management fee is charged at the account level, not per portfolio.
Once you decide which model portfolio(s) are best suited to your investment needs and objectives, we will purchase investment to be included in your account so that it reflects the model portfolio, or combination of model portfolios, that you have selected.
When you open an InvestSMART Professionally Managed Account (PMA), you choose from InvestSMART's range of Diversified Portfolios to invest in. A list of the portfolios can be found here.
These managed portfolios comprise of Exchange Traded Funds (ETFs) or, in some cases direct shares. In particular, the InvestSMART Hybrid Income Portfolio invests in Australian listed hybrids and listed debt securities.
What is an Exchange Traded Fund? An Exchange Traded Fund, or ETF, is a managed fund that trades on the stock market.
There are different types of ETFs, each with its own purpose, but most commonly, they will track or follow a particular index.
For example, if you want to follow or track the S&P ASX 200 (the top 200 Australian shares by market capitalisation), you could either buy each individual share (200 shares) or one ETF. The one ETF wraps up the 200 shares into one holding. By holding this one ETF, you get exposure to the movements of the ASX 200, less any fees.
Investing in ETFs is a form of passive investing, and they generally incur cheaper management fees, as fewer investment decisions are required to manage an ETF. They are also quite liquid and traded easily on an exchange.
You can see the holdings of each InvestSMART managed portfolio by navigating to its product page and scrolling to Key Facts > Holdings.
Yes, all investments held within your InvestSMART PMA are held in your name (or chosen entity e.g. SMSF) in a CHESS sponsored broking account.
You are the registered legal and beneficial owner of a portfolio of securities. You can log into the investor website at any time to view the individual securities that make up your Account.
Rebalancing within your InvestSMART PMA is an automatic process whereby model portfolios are compared against the investors’ accounts. The portfolios are monitored on a daily basis, reviewed monthly and reviewed by the Investment Committee formally every quarter.
We aim to keep transactions to a minimum and allow the asset classes to provide the return rather then chopping and changing out of investments.
Your Account will only be rebalanced in the following circumstances:
- The Portfolio Manager decides to rebalance or switch out a holding;
- You add cash or remove cash from your account;
- You switch Model Portfolios or make other alterations to your Account; or
- Where your cash percentage has moved away from the model portfolio percentage due to dividends received or fees paid.
Investors can see the transactions via the Transactions section when logged in.