Lonsec Stockbroking has released a set of exchange traded funds (ETFs) model portfolios to provide advisers with a diversified portfolio solution for clients with less administration time.
The five portfolios span different risk profiles, from defensive through to high growth, and cover Australia equities, international equities, property securities, fixed interest and cash.
“There is rising interest from financial advisers as they realise how ETFs can be used to help their clients gain access to major asset classes,” Lonsec Stockbroking investment adviser Geoff Beeston said.
“Typical ETF investors hold financial products for over 18 months, meaning these portfolios are relatively easy to manage, reducing administration time for financial advisers and enabling them to focus more time on achieving their clients’ investment objectives.”
Each portfolio is reviewed and rebalanced on a biannual basis to make certain the offering remains adaptive and will achieve the best results for investors.
Lonsec said the high-liquidity of the funds make the portfolios particularly appealing for SMSFs.
“Lonsec’s ETF model portfolios provide low-balance investors with an opportunity to address their asset allocation needs and balance their risk profiles,” Mr Beeston said.
“It is particularly appealing for accumulators as it presents a low-cost way to achieve direct exposure to asset classes, as opposed to the traditional investment model using managed funds.”
Financial services software firm Iress says that its recent strategic shift will allow it to lean into its core offering
Australians will often turn to their immediate circle when the topic of retirement planning arises, new figures have ...
The AIOFP has announced new programs with a UK-based private banking and wealth management firm and a rural succession ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin
Comments powered by CComment