Advisers using the BT Wrap platform will now have access to the “active cash” fund managed by Yellow Brick Road-affiliated Smarter Money Investments (SMI).
In a statement issued by YBR today, the wealth management company announced that it can now be used by advisers and clients both within and outside super.
“SMI’s active cash strategy is already available on other leading platforms, including Macquarie Wrap, Onevue, Netwealth, Hub24, ASX mFund, and Powerwrap,” the statement said.
“Its approval for use on BT Wrap will enable a significant number of new advisers to access one of Australia’s best performing short-term fixed-interest solutions in a convenient manner.”
The statement also pointed to recent figures from Morningstar which suggested strong relative returns by the SMI product.
The corporate regulator should establish a specialist advice unit to provide cas...
The financial services ombudsman has changed its rules and conceded a number of ...
NSW Police have renewed calls for information around a missing Sydney woman who ...
Get notifications in real time and stay up to date with content that matters to you.
